SNF·← All Briefs
Futures

Stock Market Today: Nasdaq Rebounds at Open After Friday's Tech Selloff — Live Updates

By · Independent market intelligence from Sunday Night Futures LLC
Source: The Wall Street JournalOriginal article →

Tech led a Monday rebound as the Nasdaq composite jumped 1.1%, recovering ground after a bleak finish to last week. The S&P 500 gained 0.4%, while the Dow Jones Industrial Average slipped 0.1%.

The spread across the three benchmarks tells the story. A 1.1% Nasdaq advance against a 0.1% Dow decline puts the gap between tech-heavy and blue-chip indexes at 1.2 percentage points, a clear sign that buying concentrated in the names hit hardest on Friday. The S&P 500's 0.4% gain sits between the two, consistent with an index that carries meaningful tech weight but also holds the more defensive components dragging on the Dow.

Interpretation: the move reads as a bounce from Friday's selloff rather than a confirmed change in trend. One session of dip buying doesn't undo a "bleak" close, and the Dow's slight decline shows the rally wasn't broad. Leadership remains narrow and tied to the same group that caused last week's damage.

The source also flags oil prices as part of the day's market backdrop, alongside the three major U.S. indexes.

SNF Trader Analysis · Pro
“For traders” & “What to watch” — the actionable takeaway and signals on this story.
Unlock SNF trader analysis with Pro →
← Back to all briefsEditorial Standards