Nasdaq up 0.59% at the open while the S&P 500 and Dow barely move

As seen on the 24/7 Wall St. homepage on October 9, 2026.

MARKET OPEN
U.S. Markets
  • S&P 500—
  • Dow Jones Industrial Average—
  • Nasdaq Composite+0.59%
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Tech is carrying the market alone this morning: the Nasdaq opened up 0.59% while the S&P 500 and Dow sit flat against yesterday's close. Owning anything outside the AI complex means sitting out this move.

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The Nasdaq Composite jumped 0.59% at the October 9 open while the S&P 500 and the Dow Jones Industrial Average held flat, leaving the broad market effectively stationary.

Gains are concentrated in the tech and AI-linked names that dominate Nasdaq weighting, while the rest of the market sits out the move. Portfolios tilted toward industrials, financials, or consumer staples get little from this open.

The S&P 500's recovery from lows near 7,652 has stalled, leaving the index essentially where it ended the prior session.

A broad advance requires participation across multiple sectors, and that breadth is not showing up at the open.