Stock Market Today: Dow Up, Nasdaq Rallies; Sandisk Surges As This Biotech Play Tests Entry (Live Coverage)

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• Dow Futures Rise Despite 'Black Monday' Calls: Market Commentator Says Selloff Worries Are 'Overdone'

  U.S. stock futures rose late Sunday after Friday's slide in the Nasdaq Composite, even as calls for a 'Black Monday' crash trended. The Kobeissi Letter called selloff fears 'overdone,' noting the S&P 500 has climbed from about 5,500 to around 7,650 since May 2025, though it argues the market is in a 'stealth' bear market, with 84% of stocks at least 10% below record highs. S&P 500 futures rose 0.72% to 7,760, Nasdaq 100 futures gained 1.2%, and Dow futures added 0.44% to 52,446, after the S&P 500 closed 1.09% lower on Friday. Memory stocks came under pressure last week as investors balanced strong AI demand against rising interest rates, Chinese competition and uncertain supply. Polymarket traders priced a 7% chance of a U.S. recession by the end of 2026, while David Rosenberg of Rosenberg Research sees better-than-even odds of one within a year.

  aol.com·19/10, 08:45▲ SPY▲ QQQDow JonesSPYQQQ
• No 'Black Monday'? Nasdaq, S&P 500, Dow Futures Spike As Big Tech Earnings Loom This Week — Retail Stays Cautious

  U.S. stock index futures rose overnight ahead of Monday after a rough week, as investors looked to Big Tech earnings to restore momentum amid fears of an AI bubble. As of 11:30 p.m. ET, S&P 500 futures were up 0.8%, Nasdaq futures rose more than 1%, and Dow futures gained 0.5%. Last week the Nasdaq Composite fell nearly 4.5% and the S&P 500 dropped 1.95%, their worst weeks since early June, while the Dow rose 0.67% for its second straight weekly gain. Netflix, SpaceX, Tesla and Meta report this week, with Meta expected to post EPS of $6.58 on revenue of $63.34 billion. Oil eased, with Brent falling nearly 1.9% to $107.88 a barrel, while retail sentiment on Stocktwits was neutral on QQQ and bearish on SPY and DIA.

  Yahoo Finance·19/10, 04:07▲ QQQ▲ SPYSPYQQQearnings
• Dow Futures Rise Despite 'Black Monday' Calls: Market Commentator Says Selloff Worries Are 'Overdone'

  U.S. stock futures rose late Sunday, signaling a rebound from Friday's slide in the Nasdaq Composite, even as calls for a 'Black Monday' crash trended. The Kobeissi Letter called selloff worries 'overdone,' noting the S&P 500 has climbed from about 5,500 to around 7,650 since May 2025. It argues the index is in a 'stealth' bear market within a bull market, with 84% of its stocks at least 10% below record highs and just 10 stocks driving 70% of gains since the March low. S&P 500 futures rose 0.72% to 7,760 after the index closed 1.09% lower on Friday, while the Nasdaq Composite closed 2.14% lower. Polymarket priced a 7% chance of a U.S. recession by the end of 2026, while David Rosenberg said he sees better-than-even odds of a recession within a year.

  Yahoo Finance·19/10, 04:46▲ QQQ▲ SPYDow JonesS&P 500recession
• AI stocks lead rebound on Wall Street as European markets dropeptrail.com·19/10, 16:00▲ QQQ▲ SPY▲ NVDANVDAQQQartificial intelligence
• AI stocks lead rebound on Wall Street as European markets drop

  AI stocks recovered part of last week's steep losses on Wall Street, while European indexes fell more than 1% after violent weekend protests. The S&P 500 gained 0.4%, the Nasdaq rose 0.9%, and the Dow slipped 44 points, or 0.1%. CoreWeave rose 0.6% after trimming an early 7% gain, following a 25.2% plunge last week, and Nvidia added 0.6%. The 10-year Treasury yield edged up to 5.10%, after touching 5.30% earlier this month, its highest level since 2002. Brent crude fell 1.6% to $108.13 a barrel, and Cleveland-Cliffs jumped 7.7% after reporting a bigger-than-expected quarterly profit.

  mainlinemedianews.com·19/10, 15:00▲ QQQ▲ NVDA▲ SPYWall StreetNVDAQQQ
• AI stocks lead a rebound on Wall Street as European markets drop following protestsnews-gazette.com·19/10, 14:45▲ NVDA▲ QQQ▲ SPY▼ EUR/USDWall StreetNVDAQQQ

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• Zinc and lead prices surge, and one stock hits its ceiling price after 14 sessions with almost no trading

  TMG shares of Kim loại màu Thái Nguyên (Vimico) rose 15% to VND 74,700 per share on 19/10, their highest level in over 7 months, although only 1,400 shares changed hands after 14 sessions with almost no trading. In Q3/2026, net revenue reached VND 443 billion (up 69%) and after-tax profit reached VND 67 billion, four times the year-earlier level, driven by higher prices for zinc ingots, lead concentrate and sulfuric acid. For the first nine months, after-tax profit reached VND 149 billion (up 187%), while total financial debt fell from VND 83 billion to VND 44 billion. TMG will pay a 2026 interim cash dividend at 30% (VND 3,000 per share), with a last registration date of 22/10/2026 and total payments of about VND 54 billion expected on 30/10/2026. Vimico holds 51% of charter capital and is expected to receive about VND 27.54 billion.

  CafeF·19/10, 17:04TMGdividendsearnings
• More than US$1 billion set to flow into stocks: has the time to deploy arrived?

  BSC (BIDV Securities) maintains that valuations across many sectors have become more attractive, making now a reasonable time to allocate to stocks for the medium to long term. Market-wide profits rose 50% year on year in Q2 2026, and BSC raised its 2026 profit growth forecast to 26% and expects 12% growth in 2027. The VN-Index's trailing 12-month P/E, excluding the Vingroup group, is 10.5x, while the 2027 forward P/E is about 9.5x, a discount of nearly 30% to the average. Liquidity remains the main bottleneck, though banking-system liquidity pressure has begun to ease and the probability of rate cuts in 2027 has risen. Foreign outflows are expected to ease, with about VND 33,000 billion (US$1.27 billion) of inflows from the market upgrade expected mainly in 2027.

  CafeF·19/10, 17:04▲ VNINDEXVNINDEXvaluationcapital flows
• One securities firm's Q3 profit unexpectedly 'evaporates' by 98% year on year

  CTCP Chứng khoán DSC (DSC) reported Q3/2026 operating revenue of nearly VND 161 billion, down 38%, leaving pre-tax profit at just VND 4.2 billion, down 98%. The main cause was proprietary trading: gains from selling FVTPL financial assets dropped over 99% to about VND 604 million, while revaluation losses reached VND 55 billion. Operating expenses rose 93% to VND 75 billion, and financial expenses climbed 67% to VND 69 billion, all of which was interest expense, while brokerage revenue fell 64% to VND 15 billion. For the first nine months, pre-tax profit reached VND 97 billion, down nearly 67%.

  CafeF·19/10, 17:03DSCbrokeragesearnings
• Securities companies' update as of morning 20/10: Q3 financial reports pour in, and several major names unexpectedly report profit declines

  As of the morning of 20/10, 31 securities companies had released their Q3/2026 financial statements with mixed results, and some saw profits drop 80-98% year on year. VIX reported Q3 pre-tax profit of about VND 192 billion, down 94%, as gains from selling FVTPL assets fell sharply, revaluation losses reached nearly VND 1,363 billion, and operating expenses rose to over VND 1,744 billion. BVSC's pre-tax profit was about VND 20 billion, down 80%, while ABS rose 552% to VND 376 billion, driven by FVTPL gains of nearly VND 412 billion. KIS edged up 2% to VND 248 billion on lower costs, while BMS and AIS swung to losses of over VND 63 billion and about VND 3 billion, respectively.

  CafeF·19/10, 17:03▼ VNINDEXVNINDEXbrokeragesearnings
• Securities firm names 2 companies directly benefiting from proposed fertilizer export tax cut

  MBS views the Ministry of Finance's proposal to cut export tariffs on urea, superphosphate and sulphate of potash (SOP) from 5% to 0% as a positive factor for the fertilizer sector, though the effective date has not yet been set. Đạm Cà Mau (DCM) is seen as the biggest beneficiary, with estimated savings of about VND 203 billion per year (9.2% of 2025 pre-tax profit), as urea accounted for about 59.7% of its sales volume in the first eight months of 2026. Đạm Phú Mỹ (DPM) is estimated to save about VND 93 billion per year (6.9%), a smaller benefit than DCM. LAS's benefit is limited, DDV does not benefit directly, and BFC could face cost pressure if domestic urea prices rise.

  CafeF·19/10, 17:01taxesexportsfertilizers
• Why Palantir Technologies Stock Rallied Today

  Palantir Technologies (PLTR) shares rose sharply on Monday morning, reaching as much as 5.9% and still up 5.5% as of 12:19 p.m. ET. The catalyst was a new partnership with Knox Systems, a managed federal and Department of Defense cloud provider, which aims to help customers gain FedRAMP acceptance faster and deploy Palantir's data and AI platform in secure government environments. The article notes that concerns about AI adoption had weighed on the stock, which trades at 83 times next year's expected earnings. However, given Palantir's triple-digit profit growth, its PEG ratio is 0.5.

  Yahoo Finance·19/10, 16:51PLTRartificial intelligencecloud computing