Stock market today: Dow, S&P 500, Nasdaq rebound after AI sell-off

What happened. US stocks climbed on Monday, November 2, after a rough Friday. As of 10:47 AM ET, Yahoo Finance reports the Dow Jones Industrial Average up 1.1%, the S&P 500 up 1% and the Nasdaq Composite up 1.3%. Yahoo's quote box showed the Dow at 52,274.73, up 504.42 points or 0.97%, as of 11:19 AM ET. At the open, CNBC (as relayed by Stock Titan) had the Dow up 1%, the S&P 500 up 0.6% and the Nasdaq up 0.8% at 9:58 AM ET. These are live numbers and will change.

Friday for comparison. On Friday, October 30, the Dow closed down 1.09% at 51,770.31, the S&P 500 down 1.82% at 7,580.07 and the Nasdaq Composite down 2.86% at 25,437.00, according to Benzinga. Stock Titan notes it was the Nasdaq's worst day since June. Yahoo says the Nasdaq lost 5.2% over October. The SPY fund, which tracks the S&P 500, closed Friday at $755.72 per Stock Titan.

Why it moved. Yahoo says investors regained risk appetite. Crude oil fell on reports that the US and Iran are seeking a diplomatic resolution, with Brent near $105 a barrel. Stock Titan, citing CNBC, says Brent was down more than 6% at 9:58 AM ET. Some of the AI and chip names that fell last week bounced: CNBC reported Nvidia up nearly 2%, Amazon up more than 4% and Alphabet up more than 2%. Yahoo also notes that US manufacturing grew in October, with the ISM index at 55.5 against an expected 54.6.

What is still shaky. Yahoo says concerns about AI spending continue to churn beneath the surface. Oracle fell about 5% after announcing a $20 billion capital raise. Stock Titan also shows Marvell down 6.39% at 10:01 AM ET after agreeing to buy Lumentum. Last week's sell-off followed earnings from Alphabet and Amazon that investors did not like, as Yahoo describes it.

What to watch. Apple reports after the close today, and Palantir too. The US midterm elections are on Tuesday, November 3. The October jobs report comes out Friday at 8:30 AM ET. Each can move prices.

What is not known. Where the indexes will close today. Whether the bounce lasts. How the elections, Apple's report and the jobs data will land. This is an overview, not advice.

حقائق مؤكدة

• As of 10:47 AM ET on November 2, 2026, Yahoo Finance reported the Dow up 1.1%, the S&P 500 up 1% and the Nasdaq Composite up 1.3%.^[1]
• Yahoo Finance's quote box showed the Dow at 52,274.73, up 504.42 points (0.97%), as of 11:19:11 AM EST on November 2.^[1]
• At 9:58 AM ET on November 2, CNBC reported the Dow up 1%, the S&P 500 up 0.6% and the Nasdaq Composite up 0.8%.^[2]
• On Friday, October 30, 2026, the Dow closed down 1.09% at 51,770.31, the S&P 500 down 1.82% at 7,580.07 and the Nasdaq Composite down 2.86% at 25,437.00.^[3]
• Stock Titan wrote that the Nasdaq had its worst day since June on October 30.^[2]
• Yahoo Finance says the Nasdaq Composite lost 5.2% during October.^[1]
• The SPY fund, which tracks the S&P 500, had an October 30 close of $755.72.^[2]
• Yahoo Finance says crude oil dropped amid reports that the US and Iran are seeking a diplomatic resolution, and that Brent traded near $105 a barrel.^[1]
• CNBC reported at 9:58 AM ET that Brent was down more than 6%.^[2]
• CNBC reported Nvidia up nearly 2%, Amazon up more than 4% and Alphabet up more than 2% at 9:58 AM ET.^[2]
• The ISM manufacturing index rose to 55.5 in October from 54.5 in September, above the expected 54.6.^[1]
• Yahoo Finance says concerns about AI spending continue to churn beneath the surface, and that Oracle stock fell 5% on Monday after announcing a $20 billion capital raise.^[1]
• Marvell was down 6.39% at 10:01 AM ET after agreeing to buy Lumentum.^[2]
• Apple and Palantir report quarterly results after the close on November 2.^[2]
• The US midterm elections are on Tuesday, and the October jobs report is due Friday at 8:30 AM ET.^[2]
• Yahoo Finance says last week's tech sell-off followed earnings from Alphabet and Amazon that failed to impress investors.^[1]

التبعات

• مؤكدUS stocks are higher on Monday morning after Friday's sell-off, as reported at the times above.
• قراءتناA morning bounce does not show that the worry about AI spending is gone. Oracle's drop points the other way. This is our view.
• قراءتناApple's report, the midterms and the jobs report give the market three more reasons to move this week. This is our view.

لا يزال مجهولًا

• Where the Dow, S&P 500 and Nasdaq will close on November 2
• Whether the bounce lasts
• How the market reacts to Apple's report, the midterms and the jobs report

من يتأثر

United States, World. Anyone with index funds, SPY or a pension, and anyone following the AI trade

المصادر

1. Yahoo Finance: Stock market today: Dow, S&P 500, Nasdaq recover from bruising sell-off as oil prices fall 2 نوفمبر 2026 · إعلام
2. Stock Titan (citing CNBC): Stocks Open Higher as Oil Tumbles in the Stock Market Today Live, November 2, 2026 2 نوفمبر 2026 · إعلام
3. Benzinga (via TradingView): Stock Market Today: Dow Jones, S&P 500, Nasdaq 100 Futures Rise Ahead of Apple, Palantir Earnings 2 نوفمبر 2026 · إعلام