# Nasdaq Rallies Over 1% on Tech Late Rebound as Dow Slips

- URL: https://stocks.freetheai.org/news/nasdaq-rallies-over-1-on-tech-late-rebound-as-dow-slips-5c2aeb
- Published: 2026-10-19T22:11:00Z
- Category: markets; sentiment: mixed; impact: medium
- Symbols: [NYSE:LMT](https://stocks.freetheai.org/symbols/NYSE-LMT), [NYSE:FNB](https://stocks.freetheai.org/symbols/NYSE-FNB), [NYSE:HAE](https://stocks.freetheai.org/symbols/NYSE-HAE), [NYSE:CCK](https://stocks.freetheai.org/symbols/NYSE-CCK), [NASDAQ:ZIONP](https://stocks.freetheai.org/symbols/NASDAQ-ZIONP)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
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Major U.S. stock indices ended mixed as a late surge in technology shares lifted the Nasdaq Composite to a 1.11% gain at 26,430.89. The S&P 500 advanced 0.66% to close at 7,709.63, staying just above key moving average support. Meanwhile, the Dow Jones Industrial Average dipped 0.07% to 51,966.03, slipping below its 50-day exponential moving average. The small-cap Russell 2000 added 0.25% to finish at 2,728.30.

Market volatility sent conflicting signals as the Cboe Volatility Index dropped to 18.44, even as tech-focused volatility measures rose. In commodities and fixed income, West Texas Intermediate crude oil fell 2.96% to $98.41 per barrel, while gold slipped 0.56% to $4,157.80 per ounce. Benchmark 10-year Treasury yields increased 4 basis points to 5.14%.

Individual equity movements were shaped by news across sectors. Lockheed Martin Corporation (NYSE:LMT) delivered a military transport aircraft to the U.S. Navy for strategic command conversion. Earnings updates showed third-quarter income growth at F.N.B. Corporation (NYSE:FNB) and Zions Bancorporation, National Association (NASDAQ:ZIONP), along with higher quarterly sales at Crown Holdings, Inc. (NYSE:CCK). Additionally, Haemonetics Corporation (NYSE:HAE) secured FDA clearance for a vascular closure system.

Investors will watch whether the Nasdaq can challenge technical resistance near 26,614, while tracking whether the S&P 500 holds its support level at 7,705 amid shifting bond yields and commodity prices.

## Key points

- The Nasdaq Composite rose 1.11% to 26,430.89 behind late tech strength, while the Dow Jones Industrial Average dropped 0.07% to 51,966.03.
- The S&P 500 gained 0.66% to end at 7,709.63, remaining above its 50-day simple moving average support level.
- Crude oil prices dropped 2.96% to $98.41 per barrel as the 10-year Treasury yield rose 4 basis points to 5.14%.
- Corporate earnings reports showed third-quarter net income gains for both F.N.B. Corporation and Zions Bancorporation.

## Questions and answers

### Why did the Nasdaq rise while the Dow fell?

A late surge in technology stocks lifted the Nasdaq Composite by 1.11%, whereas the Dow Jones Industrial Average slipped 0.07% to settle just below its 50-day moving average.

### What happened to oil prices and Treasury yields?

WTI crude oil fell 2.96% to $98.41 per barrel, while the 10-year Treasury yield climbed 4 basis points to end the session at 5.14%.

### Which companies reported corporate updates in this market move?

F.N.B. Corporation, Zions Bancorporation, and Crown Holdings reported quarterly earnings, Lockheed Martin delivered a Navy aircraft, and Haemonetics gained FDA device approval.