Nasdaq Composite closes 1.4 percent higher as AI stocks rebound
Published on 10/19/2026 at 22:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAI shares led the rebound
- Nasdaq Composite ended October 19 at 26,499 points, up 359 points or 1.4 percent.
- The 10-year Treasury yield fell to 5.085 percent as AI stocks recovered.
- Intel rose 5.8 percent after JPMorgan upgraded the chipmaker to neutral.
- Housing starts and building permits are due October 20 at 8:30 a.m. ET.
The Nasdaq Composite closed at 26,499 points on October 19, up 359 points or 1.4 percent, Nasdaq data show. AI-related shares rebounded after last week's selloff, while the 10-year Treasury yield fell to 5.085 percent, Reuters reported.
Intel rose 5.8 percent after J.P. Morgan upgraded the chipmaker to neutral from underweight, Reuters reported. The rebound also extended to Broadcom, Micron and other AI-linked shares.
Why did the Nasdaq Composite rise?
Technology and consumer discretionary stocks led the advance. Reuters said investors returned to chip and AI-related shares after concerns about AI infrastructure financing drove last week's decline.
Nasdaq Composite reached 26,613 points
The index traded between a high of 26,613 points and a low of 26,345 points. Its previous close was 26,140 points, making Monday's gain a 359-point recovery.
Lower yields support the technology rebound
Brent crude fell 1.8 percent to about 107 USD a barrel in early trading, while the 10-year Treasury yield declined to 5.085 percent. Reuters linked the softer oil and yield backdrop to improved investor optimism.
What comes next for the Nasdaq Composite
- October 20, 2026, 8:30 a.m. ET: September housing starts and building permits are due, with starts expected at 1.30 million and permits at 1.40 million, Ticker Den reports.
- October 20, 2026, after 4:00 p.m. ET: SpaceX and Netflix are scheduled to release quarterly results, Investopedia reports.
Nasdaq Composite price data for October 19, 2026
The Nasdaq Composite closed at 26,499 points on October 19, 2026, up 359 points or 1.4 percent versus the previous close, Nasdaq reports. The day high was 26,613 points and the day low was 26,345 points. The previous close was 26,140 points.
Nasdaq Composite by the numbers on October 19, 2026
- Index: Nasdaq Composite
- Home exchange: Nasdaq Stock Market, United States
- Close on October 19, 2026: 26,499 points
- Change versus previous close of October 16, 2026: up 359 points (up 1.4 percent)
- Previous close: 26,140 points
- Day high / day low: 26,613 points / 26,345 points
- Next scheduled event: October 20, 2026, 8:30 a.m. ET: September housing starts and building permits
