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US Pre-Market 13 October 2026: Nasdaq Futures -0.75% as Korea Chip Rout Hits Memory; UNH.US +5.2%, GS.US +3.5% on Results

KOSPI -5.46% and SK hynix -10.09% on China memory competition; Dow futures +0.79% as UnitedHealth raises its outlook and Goldman beats on revenue.

Mixed5 min readBy Swingfolio Research

At a glance

S&P 5007,807-0.06%
NASDAQ27,246-0.44%
Dow51,851+0.38%
VIX15.21+2.49%
Russell 20002,794-0.45%
US Dollar102.25-0.33%
US 10Y5.244+0.25%
ES_F7,852-0.08%
NQ_F30,668-0.75%

US Pre-Market 13 October 2026: Nasdaq Futures -0.75% as Korea Chip Rout Hits Memory; UNH.US +5.2%, GS.US +3.5% on Results

Sentiment: mixed S&P 500 futures: -0.08%

Nasdaq 100 futures are -0.75% and Dow futures +0.79% at 8:34am ET on 13 October 2026, as memory stocks extend a sell-off that took South Korea's KOSPI down 5.46% and earnings from UnitedHealth and Goldman Sachs lift Dow components. UNH.US is +5.22% pre-market after it raised its 2026 adjusted earnings outlook to at least $20.50 a share, and GS.US is +3.49% after net revenue of $18.68 billion beat the $16.71 billion LSEG estimate. MU.US is -4.98% and WDC.US -7.38% after China's ChangXin Memory reported progress on a denser memory-cell design, the same news that sent SK hynix down 10.09% in Seoul.

Overnight drivers

  • Memory chips: MU.US is -4.98% to $939.74, WDC.US -7.38%, STX.US -6.76% and SNDK.US -4.49% pre-market. ChangXin Memory Technologies (CXMT) said it made progress on a 4F² memory-cell architecture and plans server memory using it by year end, per the South China Morning Post via Invezz. SMH.US is -1.90% and AMD.US -2.06%.
  • Bank and health results: four of the largest US banks and UnitedHealth reported before the open. GS.US +3.49% and MS.US +1.84% lead financials, while JPM.US is -0.48% and WFC.US -1.91%. XLF.US is +0.54%. GS.US and UNH.US are Dow components, and the Dow weights members by share price: GS.US closed Monday at $893.95 and UNH.US at $378.52. Dow futures are +0.79% against S&P 500 futures -0.08%.
  • Oil: Brent is -1.77% to $104.76 and WTI -1.48% to $92.35 after President Trump said Russia agreed to increase diesel supplies to world markets, per CNBC. XOM.US is +0.79% and CVX.US +0.69% pre-market.
  • Rates and currencies: the Treasury market reopens today after the Columbus Day close; the 10-year yield last printed 5.244% on Friday. The US Dollar Index is -0.33% to 102.25, the euro +0.29% to $1.1193 and gold +0.46% to $4,209.70. Cleveland Fed President Beth Hammack said on Monday that more tightening may be needed to return inflation to 2%, per Stocktwits.

Monday on Wall Street

The S&P 500 closed at 7,807.24 on 12 October 2026, down 0.06%, as a 1.22% drop in the Technology Select Sector SPDR fund offset gains in communication services, financials and energy.

  • S&P 500: 7,807.24 (-0.06%)
  • Nasdaq: 27,245.90 (-0.44%)
  • Dow: 51,850.55 (+0.38%)
  • Russell 2000: 2,794.48 (-0.45%)
  • VIX: 15.21 (+2.49%)

LITE.US fell 9.78% and CIEN.US 9.95% on Monday after Broadcom chief executive Hock Tan said investors "set very extreme expectations," per The Motley Fool. Both are lower again pre-market: LITE.US -2.11% and CIEN.US -2.20%. META.US rose 3.38% on Monday after the release of its Muse Wonder AI model and is -1.02% pre-market.

Overnight Asia and Europe

South Korea's KOSPI closed at 6,035.35 on 13 October 2026, down 5.46%, after falling as much as 7.4% to 5,914.35 and triggering a five-minute sell-side sidecar, per Invezz. Samsung Electronics closed -7.39% and SK hynix -10.09%. Japan reopened after Monday's holiday and the Nikkei 225 fell 1.82%, with SoftBank Group -8.50%. European quotes are at 8:34am ET.

  • KOSPI: 6,035.35 (-5.46%)
  • Nikkei 225: 67,777.52 (-1.82%)
  • Taiex: 48,341.31 (-1.95%)
  • Hang Seng: 24,345.22 (+0.30%)
  • Shanghai Composite: 3,800.86 (+0.10%)
  • STOXX 600: 637.17 (+0.24%)
  • DAX: 25,285.36 (+0.03%)
  • FTSE 100: 10,706.70 (+0.47%)

EWY.US, the iShares MSCI South Korea fund, is -4.14% pre-market. MUFG strategist Michael Wan said weakness in US semiconductor shares was spilling directly into Asian equities, per Invezz.

Pre-market movers

  • UNH.US +5.22% to $398.00: third-quarter adjusted EPS of $4.69 on revenue of $112.70 billion, and a medical cost ratio of 88.4%. UnitedHealth raised its 2026 adjusted EPS outlook to at least $20.50 from $19.50 to $20.00, its third increase this year, per Seeking Alpha.
  • GS.US +3.49% to $925.13: equities trading revenue rose 72% from a year earlier to $6.44 billion and advisory revenue reached a record $1.65 billion, per CNBC. Goldman said its investment banking fee backlog declined from the second quarter.
  • $5.57 a share was JPMorgan's third-quarter EPS against the $5.90 LSEG estimate, including $658 million of net securities losses; revenue was $50.91 billion against $51.22 billion expected. JPM.US is -0.48% to $332.90 after it raised 2026 net interest income guidance to $106.2 billion from $105.5 billion, per CNBC.
  • WFC.US -1.91% to $81.70: EPS of $1.87 beat the $1.85 estimate, but revenue of $21.87 billion missed $22.30 billion and net interest income of $12.52 billion came in below the $12.66 billion StreetAccount estimate, per CNBC.
  • C.US -0.52% to $131.24 after EPS of $2.85 against $2.66 expected and its best third-quarter revenue in a decade, $23.85 billion. Citi raised full-year net interest income guidance, excluding markets, to growth in the mid-to-high 6% range, per CNBC.
  • JNJ.US -1.90% to $259.00: adjusted EPS of $2.59 topped the $2.54 estimate on sales of $25.40 billion, and the company raised its 2026 adjusted EPS range to $11.05 to $11.15, per CNBC.
  • FUN.US -7.68% to $11.00 after a guest fatality on the Goliath roller coaster at Six Flags in Georgia, per Stocktwits.
  • V.US +1.59% to $395.50 after China cleared Visa to begin preparing a domestic bank-card clearing business, per Stocktwits.

US economic calendar today (ET)

The US calendar has no 8:30am ET data print on 13 October 2026; existing home sales follow at 10:00am ET.

  • 10:00am ET: existing home sales.
  • Fed speakers: Fed Governor Christopher Waller, Richmond Fed President Thomas Barkin and Boston Fed President Susan Collins speak, per Stocktwits; times not confirmed.
  • 8:30am to 11:00am ET: JPMorgan, Goldman Sachs, Citigroup and Wells Fargo earnings calls, per CNBC.

What to watch

  • Bank calls: JPMorgan CFO Jeremy Barnum said deals are being "delayed rather than canceled," per CNBC. Bank of America and Morgan Stanley report on Wednesday 14 October; BAC.US is +0.06% pre-market.
  • Inflation: September CPI prints on Wednesday 14 October and PPI on Thursday 15 October, with Fed Chair Kevin Warsh due to speak later in the week, per Stocktwits.
  • Memory supply: KORU.US, the 3x leveraged South Korea fund, is -12.36% pre-market after Monday's 11.82% drop. Cerebras, CBRS.US, has a share lockup that expires on Wednesday, per Stocktwits; the stock is -1.45% pre-market.

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Disclaimer

This briefing provides market observations and general information only. It is not personal financial advice and does not take into account your objectives, situation or needs. Past performance is not a reliable indicator of future performance. Consider seeking independent advice before acting on any information presented here.

Prices and market data sourced from EODHD and Yahoo Finance and may be delayed. Swingfolio does not hold an AFS licence and does not provide personal advice. Editorial standards and methodology →