Nasdaq futures rose 1.3% before the U.S. market opened on Monday, October 19, 2026, pointing to a possible technology-led rebound after Friday’s sharp selloff. Major U.S. index futures indicated a higher opening, while crude oil retreated but remained above $100 a barrel.
Key Takeaways
- Nasdaq 100 futures signaled an early recovery, not a completed gain in cash-market trading.
- Friday’s technology selloff had pushed the Nasdaq Composite to its lowest close in a month.
- Oil eased as investors assessed U.S. waivers covering new Russia-related sanctions and tariffs.
Table of Contents
- Nasdaq futures point to a recovery after technology losses
- Oil retreats as new Russia sanctions are waived
- Housing confidence is next on the U.S. calendar
- Conclusion
Nasdaq futures point to a recovery after technology losses
The premarket advance followed a week in which technology shares substantially underperformed the Dow Jones Industrial Average. Concerns about debt-financed artificial intelligence infrastructure spending had weighed on the sector, leaving Monday’s opening as the first test of whether buyers would return after the decline.
Computer hardware stocks were among Friday’s weakest performers. The NYSE Arca Computer Hardware Index fell 5.4% to a two-month closing low, while semiconductor, networking and software shares also declined sharply.
The futures indication suggested renewed buying interest but did not establish that those financing concerns had eased. Nasdaq 100 futures and the Nasdaq Composite also represent different baskets of stocks, so their percentage moves are not directly interchangeable.
| Item | Details |
|---|---|
| Nasdaq Composite | October 16 close: 26,140.03; down 2.1% that day and 4.5% for the week. |
| S&P 500 | October 16 close: 7,659.44; down 1.1% that day and 2% for the week. |
| Dow Jones Industrial Average | October 16 close: 52,002.41; down 0.3% that day but up 0.7% for the week. |
Oil retreats as new Russia sanctions are waived
U.S. crude oil futures fell $0.87 to $100.54 a barrel in Monday’s snapshot, following a $3.44 increase on Friday. The pullback offered some relief from the recent energy-price surge, although crude remained above the $100 threshold.
President Donald Trump’s October 16 Russia sanctions waiver order suspended duties and specified sanctions and restrictions under the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026. The order cited U.S. national interests, while explicitly leaving existing measures under earlier Russia-related executive orders unaffected.
The policy action preceded Monday’s oil decline, but that sequence alone does not establish its contribution to the price move. Friday’s energy-price surge had coincided with a 3.2% decline in the NYSE Arca Airline Index, while energy stocks advanced.
Housing confidence is next on the U.S. calendar
The National Association of Home Builders was scheduled to release its October confidence report at 10 a.m. Eastern Time. Economists expected the housing market index to slip to 31 from 32 in September; that was a forecast, not a released result.
The calendar followed stronger-than-expected September industrial production data. The Federal Reserve reported a 0.7% monthly increase, compared with expectations for 0.4%, after a revised 0.1% rise in August.
Conclusion
The U.S. cash-market opening would show whether the futures rebound translated into actual technology-share gains. The next scheduled economic release was October homebuilder confidence at 10 a.m. Eastern Time.
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