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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