S&P 500 closes 0.6 percent higher as Intel rebounds
Published on 10/19/2026 at 22:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAI rebound lifts large caps
- The S&P 500 closed at 7,709 points on October 19, up 50 points or 0.6 percent.
- AI shares recovered as Brent oil fell 1.3 percent to USD 108 a barrel.
- Intel rose 5.1 percent after JPMorgan upgraded the stock to neutral from underweight.
- Housing starts and building permits are due October 20 at 8:30 a.m. ET.
The S&P 500 closed at 7,709 points on October 19, 2026, up 50 points or 0.6 percent, 24/7 Wall St. reported. AI-linked stocks rebounded as Brent oil fell 1.3 percent to USD 108 a barrel, Reuters reported.
Intel rose 5.1 percent after JPMorgan upgraded the stock to neutral from underweight, Reuters reported. The benchmark gave back 16 points from its 7,725-point midday level.
Why did the S&P 500 recover?
Investors returned to chip and artificial-intelligence shares after last week's selloff. Micron climbed 4.3 percent and Broadcom gained 2.2 percent, while the technology sector led with a 1.2 percent increase in morning trading, according to Reuters.
The rebound did not broaden across the market early in the session. Declining issues outnumbered advancers by 1.18 to 1 on the New York Stock Exchange, while the Nasdaq had the opposite ratio.
AI shares drive the S&P 500 rebound
Semiconductor shares supported the index as markets looked toward major technology earnings. Amazon.com also gained after Morgan Stanley named it a top pick, while investors focused on results from SpaceX, Netflix, Tesla and Meta Platforms.
What comes next for the S&P 500
- October 20, 2026, 8:30 a.m. ET: Housing starts and building permits are scheduled, with permits forecast at 1.390 million versus 1.403 million previously, Investing.com reports.
- October 20, 2026, after the close: Netflix is scheduled to release quarterly results, Blofin reports.
S&P 500 price data for October 19, 2026
The S&P 500 closed at 7,709 points on October 19, 2026, up 50 points or 0.6 percent, 24/7 Wall St. reported. The previous close was 7,659 points on October 16, 2026, as shown by S&P Dow Jones Indices.
S&P 500 by the numbers on October 19, 2026
- Index: S&P 500
- Home exchange: NYSE, United States
- Close on October 19, 2026: 7,709 points
- Change versus previous close of October 16, 2026: up 50 points (up 0.6 percent)
- Previous close: 7,659 points
- Next scheduled event: October 20, 2026, 8:30 a.m. ET: Housing starts and building permits
