S&P 500 Futures Hold as Asia Rallies on AI Optimism

S&P 500 futures held overnight as Asia rallied on AI optimism after Anthropic's IPO filing lifted chip stocks from Seoul to Tokyo. Monday's morning analysis had oil fading from a six-month high; overnight S&P 500 futures last printed about 7,715, labeled overnight futures, against Monday's cash close of 7,676.77. US cash opens at 15:30 Cyprus (13:30 UTC).

The Setup: Asia Leads After Monday's Tech Rebound

The S&P 500 closed 7,676.77 on Monday, up 0.70 percent (CNBC, Bloomberg). Range 7,639.70 to 7,702.13. October 6's 7,818.93 record close remains unrepaired. The Nasdaq Composite closed 26,169.38, up 0.82 percent (CNBC, MarketWatch). The Dow closed 52,361.58, up 0.28 percent. Overnight S&P 500 futures last printed about 7,715, labeled overnight futures (MarketWatch 7,715.75 at 1:12 a.m. CDT October 27). Nasdaq-100 futures last printed about 29,381, down 0.19 percent. Dow futures last printed about 52,689. Japan's Nikkei 225 last printed about 63,223 to 63,381, up 1.7 to 1.9 percent, labeled intraday (FT, AFP). South Korea's Kospi last printed 5,687.91, up 4.0 percent, labeled intraday (AFP), the sharp overnight move in world stocks. Hong Kong's Hang Seng last printed 23,180.40, down 0.14 percent, labeled intraday (FT). The 10-year yield last sat about 4.99 percent. China's Fifth Plenum runs through Thursday. S&P bullish trigger: a reclaim of Monday's 7,702.13 high, then 7,818.93. Bearish trigger: a fade through Monday's 7,639.70 low.

Story of the Day: Anthropic Filing Lifts Seoul and Tokyo

Anthropic filed for a US listing on Monday. Reports put the raise as large as 100 billion dollars and the valuation as high as 2 trillion, with first-half revenue about 16.3 billion dollars (Morningstar, Aju Press). Samsung and SK Hynix climbed more than 4 percent in Seoul (Yonhap). Advantest rose more than 9 percent in Tokyo. Nvidia gained more than 2 percent on Monday and the PHLX Semiconductor Index jumped 2.8 percent (CNBC TV18). Alphabet and Microsoft report Wednesday after the close. Futures still assign about an 11 percent chance of a hike at this week's Federal Reserve meeting and about 82 percent for December (Reuters, CME FedWatch via FXStreet). Scenarios to watch: a follow-through into the US cash open, or a fade if Wednesday's statement leans hawkish.

Oil Eases as Iran Talks Continue

West Texas Intermediate last printed about 101.16 dollars (goldoilprice at 06:21 UTC), down 0.59 percent from Monday's 101.76 settle and further below Friday's 103.27. Session range 100.60 to 101.60. OilPriceAPI sat at 100.94 on the same stamp, under 1 percent apart. Brent last printed about 114.80 dollars (CNBC; OilPriceAPI 114.92). Saudi, Turkish and Pakistani officials met Iranian counterparts in Tehran on Monday and agreed to keep talking (CNBC). The Saudi-led coalition said it intercepted three drones aimed at Riyadh and the south. Oil bullish trigger: a reclaim of Monday's 101.76 settle, then Friday's 103.27. Bearish trigger: a slip through the session low at 100.60.

Gold Holds Near Four Thousand Dollars

Spot gold last printed about 4,003 dollars (TradingView 4,003.305 as of October 27; goldoilprice 4,002.80). Kitco sat at 4,006.40 at 1:43 New York, range 3,999.40 to 4,026.30. Friday's close near 3,996 was the first finish under 4,000 in three months. The one-month fade is about 6.2 percent (TradingView). The 4,100 zone from last week's notes is overhead. Gold bullish trigger: a reclaim of 4,100. Bearish trigger: a slip through the session low near 3,999.

Bitcoin Last Printed $79,831 Under Last Week's Overhead

Bitcoin last printed about 79,831 dollars (TradingView), down 0.23 percent over 24 hours. CoinMarketCap sat about 79,642 to 79,806, under 1 percent apart. The 21-period exponential average near 82,700 from last week's notes remains overhead. The 80,400 then 79,800 zones remain the lower references. Ether last printed about 2,312 dollars (TradingView 2,312.1). Prints labeled intraday. BTC bullish trigger: a reclaim of 82,700. Bearish trigger: a slip through 79,800.

What's Next: Durables, Confidence, Lagarde, Then the Fed

Coca-Cola, Boeing and UPS report before the US open at 13:00 Cyprus (11:00 UTC). September durable goods print at 14:30 Cyprus (12:30 UTC), seen +1.4 percent after August's -0.1 percent. US cash opens at 15:30 Cyprus (13:30 UTC). Conference Board confidence and September new home sales land at 16:00 Cyprus (14:00 UTC), confidence seen 80.4 after 81.9. ECB President Christine Lagarde speaks at 19:00 Cyprus (17:00 UTC). Visa reports after the close at 22:00 Cyprus (20:00 UTC). API crude stocks print at 22:30 Cyprus (20:30 UTC). The Fed remains in blackout through October 29. The statement is due Wednesday at 20:00 Cyprus (18:00 UTC), with Chair Kevin Warsh at 20:30 Cyprus (18:30 UTC). Microsoft and Alphabet report after that close. Docket: the calendar and the week ahead. Scenarios to watch, not a recommendation.

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 26, 2026. Overnight prints are Tuesday, October 27, 2026.