Nasdaq Composite: Early Rebound After 2.86 Percent Sell-Off
Published on 11/02/2026 at 13:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNasdaq Faces A Crucial Week
- The Nasdaq Composite closed at 25,437.00 on Friday, October 30, down 2.86 percent.
- Early Nasdaq-100 futures pointed to a cautious rebound before Monday's US session.
- Apple earnings, US midterm elections and Friday's jobs report are the main scheduled catalysts.
The Nasdaq Composite starts the new week under pressure after technology stocks drove a sharp decline on Friday, October 30. The index closed at 25,437.00, down 747.73 points or 2.86 percent, according to the official Nasdaq index overview. The session was the Nasdaq Composite's weakest since June, while October marked its worst month since March 2025, according to Yahoo Finance.
Early Relief Before The Opening Bell
US equity futures recovered some ground in early trading on Monday. Reuters reported that Nasdaq-100 futures were up 0.89 percent at 5:15 a.m. Eastern Time, while S&P 500 and Dow futures also advanced. That is a futures indication rather than a reading for the Nasdaq Composite itself and does not establish how the cash index will open.
The rebound follows renewed scrutiny of the scale and prospective returns of artificial-intelligence investment. Recent earnings from large technology and cloud companies intensified questions about infrastructure spending and cash generation. The pressure was particularly visible in semiconductor and other AI-linked shares during Friday's sell-off.
Investors Face Several Catalysts
Monday's agenda includes US manufacturing data and earnings from Apple and Palantir after the close. Apple is a particularly important test for technology sentiment because its results and outlook arrive after the sector's sharp repricing. Reuters also identified the US midterm elections on Tuesday as a key market event, with possible implications for the regulatory environment surrounding data centers and AI investment.
The week's economic focus culminates in the October US employment report scheduled for Friday, November 6. Economists polled by Dow Jones expected 55,000 nonfarm jobs, according to Yahoo Finance. The release may influence expectations for Federal Reserve policy, especially after recent market concern that stronger economic conditions could keep interest rates higher for longer.
Nasdaq Outlook Remains Fragile
For investors, the early futures recovery provides a stabilizing signal but not confirmation that the technology sell-off has ended. The index's next direction will depend on whether corporate results can support elevated growth expectations while companies continue to commit heavily to AI infrastructure. Political developments and labor-market data add further potential for volatility during a week in which the market must digest both company-specific information and broader policy signals.
Further Nasdaq Composite coverage is available on the Nasdaq Composite topic page.
