As flagged in Monday's evening review, the S&P 500 closed 7,807.24, down 0.06 percent. This morning the tape is a chip rout. South Korea's Kospi closed 6,035.35, down 5.5 percent, after SK Hynix fell about 10 percent. Overnight E-mini December futures last printed about 7,844, labeled overnight futures. Spot gold last printed about 4,192 dollars. Bitcoin last printed about 83,836 dollars after tagging about 81,000 overnight. West Texas Intermediate last printed about 92.30 dollars. JPMorgan, Goldman Sachs, Citigroup and Wells Fargo report before the open. Cash opens 13:30 UTC. Catch up: week ahead. This is the morning scorecard, not an instruction.

The Setup: Overnight ES Near 7,844 as Nasdaq Futures Slip

The S&P 500's last cash print remains Monday's 7,807.24, down 0.06 percent. Range 7,796.94 to 7,821.67. October 6's 7,818.93 record close and the 7,844.52 high remain unrepaired. The Nasdaq Composite closed 27,245.90, down 0.44 percent. The Philadelphia Semiconductor Index closed 12,236.79, down 2.67 percent, a three-week low. The Dow closed 51,850.55, up 0.38 percent. Overnight E-mini December futures last printed about 7,844, off the 7,858 settlement. Nasdaq-100 futures last printed about 30,688, down about 0.7 percent. The 10-year last printed about 5.19 percent as cash resumed after Columbus Day. FedWatch still puts October hike odds near 19 percent and December near 85 percent. Bullish trigger: a reclaim of 7,821.67 toward 7,844.52. Bearish trigger: a slide through Monday's 7,796.94 low, then Friday's 7,779.34.

Key Takeaways: The Setup
  • S&P Monday close 7,807.24 (-0.06%); range 7,796.94-7,821.67; Oct 6 record 7,818.93 unrepaired
  • Overnight ES futures ~7,844 vs settlement 7,858; Nasdaq closed 27,245.90 (-0.44%); NQ futures ~30,688
  • 10-year ~5.19%; October hike odds ~19%; December ~85%
  • S&P bullish trigger: reclaim 7,821.67 toward 7,844.52; bearish: 7,796.94, then 7,779.34

Story of the Day: Kospi Closes 6,035.35, Down 5.5%, as Memory Stocks Break

South Korea's Kospi closed 6,035.35, down 5.5 percent (AFP), after tagging a more than 6 percent slide earlier. SK Hynix fell about 10 percent. Samsung Electronics fell more than 7 percent. The trigger was reporting that China's ChangXin Memory Technologies had made progress on a denser server-memory design, on top of Monday's 2.67 percent drop in the Philadelphia Semiconductor Index. Japan's Nikkei 225 closed 67,777.52, down 1.8 percent. Kioxia tumbled more than 13 percent. TSMC fell about 2 percent. SoftBank Group sank about 8 percent in earlier trade. Broadcom chief executive Hock Tan compared parts of the AI bid to a casino. Nasdaq-100 futures last printed about 30,688. Chip bullish trigger: a hold of Kospi 6,035 and a rebound in NQ futures through about 30,745. Bearish trigger: a slip through this morning's Kospi low near 5,979, then further weakness in NQ toward Monday's cash 30,665.

Key Takeaways: Chip Rout
  • Kospi 6,035.35 (-5.5%); SK Hynix ~-10%; Samsung ~-7%; earlier low ~-6.3%
  • Nikkei 67,777.52 (-1.8%); Kioxia ~-13%; TSMC ~-2%; SoftBank ~-8%
  • Monday SOX -2.67% to 12,236.79; NQ futures ~30,688; CXMT memory headlines plus Broadcom comments
  • Chip bullish trigger: hold Kospi 6,035 and NQ through ~30,745; bearish: Kospi ~5,979, then NQ toward 30,665

Oil Eases to $92.30 After Monday's $93.74 Settle

West Texas Intermediate last printed about 92.30 dollars (OilPriceAPI 92.25 at 07:31 UTC; FT 92.31). Monday's NYMEX settle was 93.74. Overnight range about 92.13 to 93.49. Brent last printed about 105.30 dollars, off Monday's 106.65 settle. The bid faded as traders weighed extra Russian diesel against Houthi strikes on Riyadh's airport and live Hormuz tanker risk. Oil bullish trigger: a reclaim of 93.74 toward Monday's 94.36 high. Bearish trigger: a slip through about 92.13, then Monday's 89.61 low.

Key Takeaways: Oil
  • WTI ~$92.30 vs Monday settle $93.74; range ~$92.13-$93.49
  • Brent ~$105.30 vs Monday $106.65; Russian diesel bid offset Riyadh and Hormuz risk
  • Energy ceasefire claims still contested; Hormuz tanker risk remains live
  • Oil bullish trigger: reclaim $93.74 toward $94.36; bearish: $92.13, then $89.61
Gloved hands hold a 1 kilo Argor-Heraeus fine gold bar under purple light, used as the ThriveInMarkets morning analysis inline image for Tuesday October 13 2026, when spot gold last printed about 4,192 dollars ahead of Wednesday's September CPI

Gold Holds $4,192 Ahead of Wednesday CPI

Spot gold last printed about 4,192 dollars (TradingView 4,191.760 as of Oct 13). Kitco's bid sat at 4,186.40 at 4:00 a.m. ET, up 15.60 dollars, day range 4,150.10 to 4,201.40. That repaired Monday evening's about 4,169 print. Wednesday's two-month low near 4,066 remains the floor. CPI at 12:30 UTC Wednesday is the next checkpoint, seen +0.6 percent month-on-month and 3.6 percent year over year. Gold bullish trigger: a hold of 4,200 through today's 4,201 high. Bearish trigger: a slip through about 4,150, then 4,066.

Key Takeaways: Gold
  • Gold ~$4,192; TradingView $4,191.760 as of Oct 13; Kitco bid $4,186.40
  • Range ~$4,150-$4,201; Monday evening ~$4,169; Wednesday low ~$4,066
  • CPI Wednesday is the next checkpoint; 10-year ~5.19%
  • Gold bullish trigger: hold $4,200 through $4,201; bearish: $4,150, then $4,066

Bitcoin Recovers to $83,836 After Tagging $81,000 Overnight

Bitcoin last printed about 83,836 dollars (CoinMarketCap 83,835.62). Overnight range ran about 80,963 to 83,942. That tagged about 81,000, then recovered through Monday evening's about 82,979. Monday morning's about 84,032 remains the near-term cap. Thursday's about 80,300 low remains the floor. Ether last printed about 2,523 dollars (TradingView 2,523.1). Live levels: homepage. BTC bullish trigger: a reclaim of 84,032 dollars, then 84,231. Bearish trigger: a slip through about 81,000, then Thursday's 80,300 low.

Key Takeaways: Bitcoin
  • Bitcoin ~$83,836 (CoinMarketCap); overnight low ~$80,963
  • Monday evening ~$82,979; Monday morning ~$84,032; Thursday low ~$80,300
  • Ether ~$2,523 (TradingView)
  • BTC bullish trigger: reclaim $84,032 then $84,231; bearish: $81,000, then $80,300

What's Next: Banks Before the Open, Cash 13:30 UTC, CPI Wednesday

JPMorgan, Goldman Sachs, Citigroup, Wells Fargo, UnitedHealth and Johnson & Johnson report before the open. JPMorgan is seen around 5.90 dollars EPS on about 51 billion dollars of revenue. S&P 500 third-quarter earnings are seen up about 25 to 31 percent. Existing home sales are due at 14:00 UTC. OPEC's Monthly Oil Market Report is listed about 10:00 UTC. US cash opens at 13:30 UTC. Wednesday: Bank of America, Morgan Stanley, BlackRock and ASML before the open, then September CPI at 12:30 UTC, the last major inflation print before the October 27-28 FOMC. Headline is seen at +0.6 percent month-on-month and 3.6 percent year over year; core +0.2 percent / 2.5 percent. Mechanics: CPI guide. Docket: week ahead and the calendar. Scenarios to watch, not a recommendation.

Key Takeaways: What's Next
  • Today: JPM, GS, C, WFC, UNH, JNJ before the open; cash 13:30 UTC; existing homes 14:00 UTC
  • OPEC MOMR ~10:00 UTC; JPM seen ~$5.90 EPS / ~$51B revenue
  • Wednesday: BAC, MS, BLK, ASML; CPI 12:30 UTC (headline ~+0.6% / 3.6%; core +0.2% / 2.5%)
  • S&P bullish trigger: reclaim 7,821.67 toward 7,844.52; bearish: 7,796.94, then 7,779.34

For live prices see the ThriveInMarkets homepage. None of the above is a recommendation to buy or sell any asset. US cash closes are Monday, October 12, 2026. Overnight futures, gold, oil, Bitcoin, Ether, Kospi and Nikkei are Tuesday, October 13, 2026.