Nasdaq Composite heads into Monday after AI rebound
Published on 10/12/2026 at 13:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- The Nasdaq Composite closed at 27,366 points on October 9, up 173 points or 0.6 percent.
- Nasdaq 100 futures rose 0.7 percent on Friday as AI shares rebounded after OpenAI concerns.
- Moderna led Friday's gainers with a 13.8 percent advance.
- Beth Hammack is scheduled to speak at 12:50 p.m. ET on October 12 before Wednesday's CPI release.
The Nasdaq Composite heads into Monday after closing at 27,366 points on October 9, up 173 points or 0.6 percent, AP News reported. Technology shares rebounded as concerns over OpenAI's revenue outlook eased, while oil prices declined, Yahoo Finance reported.
Moderna rose 13.8 percent on Friday, leading the major gainers. T-Mobile US fell 13.6 percent after SpaceX's spectrum deal intensified competitive concerns for wireless carriers, 247WallSt reported.
What comes next for the Nasdaq Composite
Nasdaq trading is scheduled to open at 9:30 a.m. ET on October 12, while the US bond market is closed for Columbus Day, InvestingLive reported. Cleveland Fed President Beth Hammack is scheduled to discuss monetary policy at 12:50 p.m. ET, Seeking Alpha reported. The September consumer price index is scheduled for October 14 at 8:30 a.m. ET, TokenPost reported.
