US Equities · Pre-Open BriefingAlso todaySee the FI Daily

Nasdaq slips as the S&P holds up

October 21, 2026
The October 20, 2026 cash session, and what is scheduled today

The S&P 500 rose 0.28% to 7,712.57 and the Nasdaq Composite was little changed to 26,424.82, with the Nasdaq-100 down 0.13%.

Breadth404 up / 99 down
LeadershipS&P 500 by 0.42pp
Member coverage100%

Futures now

Ahead of the open, S&P 500 futures are up 0.22%, Nasdaq 100 futures up 0.58%, Dow futures up 0.11% and Russell 2000 futures up 0.14% against their previous settlement. In Asia, the Nikkei 225 is up 0.85%, the Hang Seng down 0.90% and the Shanghai Composite down 0.60%. In Europe, the Euro Stoxx 50 is up 0.85%, the DAX up 0.72% and the FTSE 100 little changed. Across markets, WTI is down 3.07% at 98.67, Gold is up 0.38% at 4,158.50 and EUR/USD is up 0.18% at 1.1236.

MarketLevelChangeAs of
S&P 500 futures7,772.00+16.75 (+0.22%)2026-10-21
Nasdaq 100 futures29,848.50+173.25 (+0.58%)2026-10-21
Dow futures52,777.00+58.00 (+0.11%)2026-10-21
Russell 2000 futures2,790.90+4.00 (+0.14%)2026-10-21

Where the tape closed

S&P 500
7,712.57
+21.84 (+0.28%)
5d -1.19% · 1m -0.67%
Nasdaq Composite
26,424.82
-6.07 (-0.02%)
5d -2.87% · 1m -2.57%
Nasdaq-100
29,490.28
-39.07 (-0.13%)
5d -3.53% · 1m -3.25%
VIX
17.31
-1.13 (-6.13%)
5d +13.36% · 1m +16.41%

The Session

Of the 503 S&P 500 members that printed, 404 rose and 99 fell. Real Estate led the sector table at +1.73% on an equal-weighted basis and Energy sat at the bottom at +0.22%. Moderna (MRNA) rose 6.69% and carried the largest share of the weighted index move. The VIX fell 6.13% to 17.31. 18 universe names reported on the session.

World news

The day ahead

Economic calendar

No medium- or high-impact US release scheduled.

Reporting today

Before the open: PM (cons. 2.30) · TMO (cons. 6.40) · ABT (cons. 1.42) · NEE (cons. 1.19) · T (cons. 0.61) · DHR (cons. 1.92) · CME (cons. 2.98) · ELV (cons. 4.66) · MCO (cons. 4.25) · WAB (cons. 2.72) · NTRS (cons. 2.86) · TDY (cons. 6.15)

After the close: META (cons. 6.54) · TSLA (cons. 0.22) · LRCX (cons. 2.17) · TXN (cons. 2.40) · IBM (cons. 2.88) · CSX (cons. 0.52) · KMI (cons. 0.33) · URI (cons. 13.75) · CCI (cons. 1.16) · LVS (cons. 0.77) · PKG (cons. 2.95) · LUV (cons. 0.61) · ROL (cons. 0.34) · GL (cons. 4.87)

Overnight and across markets

Asia and Europe
MarketLevelChangeAs of
Nikkei 22564,621.24+545.82 (+0.85%)2026-10-21
Hang Seng23,651.87-215.87 (-0.90%)2026-10-21
Shanghai Composite3,713.03-22.34 (-0.60%)2026-10-21
Euro Stoxx 506,174.00+52.34 (+0.85%)2026-10-21
DAX25,487.04+182.62 (+0.72%)2026-10-21
FTSE 10010,735.12+2.12 (+0.02%)2026-10-21
Commodities, currencies and rates
MarketLevelChangeAs of
WTI crude98.67-3.12 (-3.07%)2026-10-21
Gold4,158.50+15.90 (+0.38%)2026-10-21
EUR/USD1.1236+0.0020 (+0.18%)2026-10-21
USD/JPY157.93-0.60 (-0.38%)2026-10-21
US 10-year yield5.12%—2026-10-20

Where the indices sit

S&P 500 daily bars for the last 30 sessions, then three months of closes rebased to 100.

What carried the session

Proxy: dollar-volume share among members that printed, times the move. Not official index weight.

TickerNameSessionContribution
MRNASPXNDXModerna+6.69%+6.5 bp
METASPXNDXMeta Platforms-1.59%-4.4 bp
TSLASPXNDXTesla, Inc.+1.54%+4.2 bp
MUSPXNDXMicron Technology-0.98%-4.1 bp
LLYSPXLilly (Eli)+3.49%+3.2 bp
GMSPXGeneral Motors-6.84%-3.1 bp
AAPLSPXNDXApple Inc.-1.00%-2.9 bp
WDCSPXNDXWestern Digital+3.44%+2.5 bp

Breadth and sectors

Sector moves equal-weighted across members that printed.

SectorAverage member moveMembers
Real Estate+1.73%30
Health Care+1.72%60
Financials+1.44%76
Consumer Discretionary+1.35%47
Utilities+1.23%31
Communication Services+1.18%22
Consumer Staples+1.00%34
Industrials+0.82%83
Information Technology+0.79%75
Materials+0.65%24
Energy+0.22%21

Largest moves

Risers
TickerNameSession
EFXSPXEquifax+11.33%
HASSPXHasbro+11.20%
MRNASPXNDXModerna+6.69%
MMMSPX3M+5.78%
ITSPXGartner+5.74%
CRLSPXCharles River Laboratories+5.14%
MSCISPXMSCI+5.00%
ARESPXAlexandria Real Estate Equities+4.97%
Fallers
TickerNameSession
GMSPXGeneral Motors-6.84%
DVASPXDaVita-6.23%
GPCSPXGenuine Parts Company-5.12%
FIXSPXComfort Systems USA-4.57%
HWMSPXHowmet Aerospace-3.82%
GESPXGE Aerospace-3.67%
PWRSPXQuanta Services-3.62%
LRCXSPXNDXLam Research-3.21%

Earnings reported in the session

Beat and miss shown only where consensus and actual are both published.

TickerNameSlotEPS est.ReportedSurpriseResult
GEGE AerospaceBefore open2.02———
NFLXNetflix, Inc.After close0.82———
RTXRTX CorporationBefore open1.78———
ISRGIntuitive Surgical, Inc.After close2.13———
CBChubb LimitedAfter close6.53———
COFCapital One Financial CorporationAfter close5.45———
MMM3M CompanyBefore open2.41———
GMGeneral Motors CompanyBefore open3.55———
NOCNorthrop Grumman CorporationBefore open7.22———
MSCIMSCI Inc.Before open4.98———
UALUnited Airlines Holdings, Inc.After close2.60———
SYFSynchrony FinancialBefore open2.48———
HALHalliburton CompanyBefore open0.58———
OMCOmnicom Group Inc.time-not-supplied2.68———
KEYKeyCorpBefore open0.46———
EFXEquifax, Inc.Before open2.19———
GPCGenuine Parts CompanyBefore open2.09———
HASHasbro, Inc.Before open1.86———

Headlines in the session window

Fed and macro

No high-impact US print on the calendar for this session or the next.

What to watch

26 universe names on the next earnings calendar (META, TSLA, LRCX, PM, TXN, TMO).

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