US Pre-Market 12 October 2026: Futures Flat as Brent Tops $105 and Memory Chips Slip; CCC.US +10% on Buyout Talks, CRM.US +3.9%

Sentiment: neutral S&P 500 futures: +0.12%

S&P 500 futures are +0.12% and Nasdaq 100 futures -0.09% at 8:32am ET on 12 October 2026, with the Treasury market closed for Columbus Day and the large banks due to report third-quarter results on Tuesday. CCC.US is +10.40% pre-market after Bloomberg reported that GTCR and Elliott Investment Management are in advanced talks to acquire the automotive insurance software maker. Brent crude is +1.17% to $105.95 after Houthi strikes on Riyadh's main airport and attacks on two tankers near the Strait of Hormuz, while MU.US is -2.38% after China's ChangXin Memory said a new DRAM platform has entered mass production.

Overnight drivers

• Oil: Brent is +1.17% to $105.95 and WTI +1.30% to $93.04. A Houthi missile struck King Khalid International Airport in Riyadh on Saturday and the airport was hit again on Sunday, per AP; a drone hit a tanker in the Strait of Hormuz and a second tanker caught fire, per TradingKey. President Trump said Russia and Ukraine agreed to halt attacks on each other's energy facilities; Russia has not confirmed it, per TradingKey. XOM.US is +0.88%, CVX.US +0.94% and XLE.US +0.95% pre-market.
• Memory chips: MU.US is -2.38% to $1,004.51, SNDK.US -2.09%, WDC.US -1.66% and STX.US -1.60%. ChangXin Memory Technologies said its fifth-generation DRAM platform is in mass production and it plans DDR5 server memory by year end, per TradingKey. SMH.US is -0.98%, AMD.US -1.17% and NVDA.US -0.52%.
• Software: CRM.US is +3.89% to $237.99 after BofA Global Research raised Salesforce two notches to buy from underperform and lifted its target to $285 from $160, per TradingKey. NOW.US is +2.10%.
• Rates and currencies: the 10-year Treasury yield closed Friday at 5.244%, up 1.3 bps, and does not trade today. The US Dollar Index is +0.18% to 102.40, the euro -0.23% to $1.1179 and gold -0.65% to $4,188.90. CME FedWatch shows a 19% chance of a Fed rate hike this month, per Reuters.

Friday on Wall Street

The S&P 500 closed at 7,811.54 on 9 October 2026, up 0.59%, as MSFT.US gained 2.38% and AMZN.US 3.29% in a software recovery and HUM.US rose 11.56% on Medicare star ratings.

• S&P 500: 7,811.54 (+0.59%)
• Nasdaq: 27,366.17 (+0.64%)
• Dow: 51,654.95 (+0.83%)
• Russell 2000: 2,806.98 (+0.46%)
• VIX: 14.84 (-3.70%)

TMUS.US fell 13.27%, T.US 9.81% and VZ.US 8.75% on Friday after SpaceX agreed to buy 800 MHz spectrum from Grain Management, while CCI.US rose 15.60%. The carriers are higher pre-market: TMUS.US +1.27%, VZ.US +0.60% and T.US +0.41%. For the week, the Dow gained 1.15%, the S&P 500 0.95% and the Nasdaq 0.19%, per TheStreet.

Overnight Asia and Europe

South Korea's KOSPI fell 3.65% to 6,384.24 on 12 October 2026, as Samsung Electronics dropped 4.4% and SK hynix 4.5% and foreign investors sold a net 2.02 trillion won of shares, per Aju Press. Japan's markets were closed for a public holiday; the European quotes below are at 8:32am ET.

• KOSPI: 6,384.24 (-3.65%)
• Hang Seng: 24,271.20 (+0.25%)
• Shanghai Composite: 3,797.24 (-0.43%)
• S&P/ASX 200: 8,783.20 (+0.76%)
• STOXX 600: 636.39 (+0.77%)
• DAX: 25,308.11 (+0.88%)
• CAC 40: 7,841.38 (+0.49%)
• FTSE 100: 10,644.76 (+0.88%)

Pre-market movers

• CCC.US +10.40% to $7.75: GTCR and Elliott are in advanced talks to buy CCC Intelligent Solutions and a deal could come as soon as this week, per Bloomberg via Yahoo Finance. The stock rose 6.85% on Friday after the first report.
• IREN.US +3.67% to $36.48 after The Information reported that Anthropic is the customer in a multiyear AI cloud services deal; neither company disclosed a value or term.
• INTC.US -1.72% to $102.90 after CEO Lip-Bu Tan said Chinese AI models such as DeepSeek and Kimi are cheap and "good enough," per TradingKey.
• GDDY.US -1.87% to $102.40: RBC Capital Markets cut GoDaddy to sector perform from outperform with a $95 target, per Yahoo Finance.
• STLA.US +1.34% to $4.53 after the EU and China reached a "shared understanding" to moderate Chinese hybrid and plug-in hybrid car exports to the bloc, per Yahoo Finance.
• AMZN.US -0.16% to $262.00; Amazon is in talks to buy AI startup Decart for about $7 billion, per The Wall Street Journal via TradingKey.

US economic calendar today (ET)

The US calendar has no 8:30am ET data print on 12 October 2026; the bond market is closed for Columbus Day and stock exchanges are open. The week's first scheduled releases are Tuesday's bank results.

What to watch

• Bank earnings: JPM.US, GS.US, C.US and WFC.US report before the open on Tuesday 13 October. Consensus EPS is $5.95 for JPMorgan, $14.84 for Goldman Sachs, $2.69 for Citigroup and $1.79 for Wells Fargo, per Fiscal.ai via Yahoo Finance. Pre-market, JPM.US is +0.45%, WFC.US +0.37%, GS.US +0.37% and C.US +0.31%.
• Earnings growth: S&P 500 third-quarter earnings are expected to rise 30.6% from a year earlier, per LSEG data cited by Reuters.
• Inflation: September CPI is due this week, with headline inflation expected at 3.7% a year and core at 2.5%, per Reuters. Producer prices and retail sales also print this week.

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