Stocks edge higher on Fed odds and inflation
The S&P 500 rose 0.28% to 7,743.98 and the Nasdaq Composite rose 0.27% to 26,549.85, with the Nasdaq-100 up 0.55%.
Futures now
Ahead of the open, S&P 500 futures are down 0.20%, Nasdaq 100 futures down 0.96%, Dow futures down 0.11% and Russell 2000 futures up 0.48% against their previous settlement. In Asia, the Nikkei 225 is up 1.10%, the Hang Seng down 0.59% and the Shanghai Composite down 0.82%. In Europe, the Euro Stoxx 50 is up 0.29%, the DAX up 0.95% and the FTSE 100 up 0.34%. Across markets, WTI is down 1.48% at 101.26, Gold is down 0.14% at 4,046.10 and EUR/USD is up 0.20% at 1.1152.
| Market | Level | Change | As of |
|---|---|---|---|
| S&P 500 futures | 7,767.50 | -15.75 (-0.20%) | 2026-10-29 |
| Nasdaq 100 futures | 29,691.50 | -288.00 (-0.96%) | 2026-10-29 |
| Dow futures | 52,639.00 | -57.00 (-0.11%) | 2026-10-29 |
| Russell 2000 futures | 2,853.00 | +13.50 (+0.48%) | 2026-10-29 |
Where the tape closed
The Session
Of the 503 S&P 500 members that printed, 247 rose and 256 fell. Information Technology led the sector table at +0.69% on an equal-weighted basis and Real Estate sat at the bottom at -1.37%. Micron Technology (MU) rose 5.86% and carried the largest share of the weighted index move. The VIX fell 3.48% to 16.91. 50 universe names reported on the session.
World news
- China rushes to shore up markets as AI trade soursFinancial Times
- UK Budget Tests Bond Markets as Fed, ECB and Oil Risks LoomBloomberg Markets
- Rupiah is Predicted to Weaken to Rp18,180 per US Dollar, Oil Prices and Geopolitics in the Spotlight - VOI.IDGoogle News ID
- Why China is defying global inflationary tide—and what it means for the worldLivemint IN
- Iran warns any Israeli-led attack would be ‘devastating’ for global marketsVanguard Nigeria
The day ahead
| Time | Release | Impact | Consensus | Previous |
|---|---|---|---|---|
| 08:30 ET | Core PCE Price Index Month-over-Month | High | 0.3 | 0.2 |
| 08:30 ET | GDP Growth Quarter-over-Quarter Advance Estimate | High | 3.2 | 2.2 |
| 08:30 ET | Personal Income Month-over-Month | High | 0.3 | 0.2 |
| 08:30 ET | Personal Spending Month-over-Month | High | 0.6 | 0.9 |
| 08:30 ET | GDP Price Index Quarter-over-Quarter Adv | Medium | — | 6.1 |
| 08:30 ET | PCE Price Index Month-over-Month | Medium | 0.5 | 0.3 |
| 08:30 ET | PCE Price Index Year-over-Year | Medium | 3.6 | 3.4 |
| 08:30 ET | Weekly Jobless Claims | Medium | 199000 | 194000 |
Before the open: LLY (cons. 5.38) · MA (cons. 5.14) · MRK (cons. 2.12) · CAT (cons. 7.12) · LIN (cons. 4.52) · BMY (cons. 1.21) · MO (cons. 1.51) · TT (cons. 4.74) · ICE (cons. 1.97) · PWR (cons. 4.68) · HWM (cons. 1.37) · CRH (cons. 2.14) · XEL (cons. 1.39) · LHX (cons. 2.99) · CARR (cons. 0.81) · AMP (cons. 11.60) · DHI (cons. 3.03) · ARES (cons. 1.25) · WEC (cons. 0.98) · VMC (cons. 2.86) · HSY (cons. 2.12) · ALNY (cons. 1.46) · CTSH (cons. 1.44) · WTW (cons. 3.60) · EME (cons. 8.33) · WST (cons. 2.18) · INCY · TROW (cons. 2.58) · BG (cons. 2.44) · KIM (cons. 0.46) · AVY (cons. 2.30) · TXT (cons. 1.43) · BAX (cons. 0.51) · HII (cons. 4.41) · AOS (cons. 0.90) · NCLH (cons. 0.88)
After the close: AMZN (cons. 2.01) · INTC (cons. 0.28) · GILD (cons. 2.17) · SNDK (cons. 46.19) · SBUX (cons. 0.73) · SYK (cons. 3.56) · MDLZ (cons. 0.72) · RSG (cons. 1.92) · AJG (cons. 3.01) · DLR (cons. 1.97) · MSTR (cons. 21.50) · MPWR (cons. 6.80) · COIN · ILMN (cons. 1.36) · TWLO (cons. 0.74) · RMD (cons. 2.67) · DXCM (cons. 0.66) · IR (cons. 0.86) · RDDT (cons. 1.30) · VLTO (cons. 1.10) · EIX (cons. 1.83) · FSLR (cons. 4.64) · LNT (cons. 1.23) · FDXF (cons. 1.38) · WY (cons. 0.05) · GDDY (cons. 1.82) · DVA (cons. 3.78) · ERIE (cons. 3.41)
Overnight and across markets
| Market | Level | Change | As of |
|---|---|---|---|
| Nikkei 225 | 64,659.47 | +705.28 (+1.10%) | 2026-10-29 |
| Hang Seng | 22,958.65 | -136.18 (-0.59%) | 2026-10-29 |
| Shanghai Composite | 3,651.43 | -30.04 (-0.82%) | 2026-10-29 |
| Euro Stoxx 50 | 6,185.84 | +18.03 (+0.29%) | 2026-10-29 |
| DAX | 25,949.35 | +245.33 (+0.95%) | 2026-10-29 |
| FTSE 100 | 10,730.77 | +36.27 (+0.34%) | 2026-10-29 |
| Market | Level | Change | As of |
|---|---|---|---|
| WTI crude | 101.26 | -1.52 (-1.48%) | 2026-10-29 |
| Gold | 4,046.10 | -5.50 (-0.14%) | 2026-10-29 |
| EUR/USD | 1.1152 | +0.0022 (+0.20%) | 2026-10-29 |
| USD/JPY | 157.97 | -0.03 (-0.02%) | 2026-10-29 |
| US 10-year yield | 5.05% | — | 2026-10-28 |
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.
| Ticker | Name | Session | Contribution |
|---|---|---|---|
| MUSPXNDX | Micron Technology | +5.86% | +34.7 bp |
| ORCLSPX | Oracle Corporation | +10.73% | +24.9 bp |
| SNDKSPXNDX | Sandisk | +7.66% | +19.3 bp |
| VRTSPX | Vertiv | +16.48% | +15.6 bp |
| AMDSPXNDX | Advanced Micro Devices | +3.24% | +6.9 bp |
| STXSPXNDX | Seagate Technology | +4.51% | +6.8 bp |
| FFIVSPX | F5, Inc. | -20.43% | -5.3 bp |
| METASPXNDX | Meta Platforms | -1.24% | -5.2 bp |
Breadth and sectors
Sector moves equal-weighted across members that printed.
| Sector | Average member move | Members |
|---|---|---|
| Information Technology | +0.69% | 75 |
| Health Care | +0.48% | 60 |
| Financials | +0.30% | 76 |
| Industrials | +0.04% | 83 |
| Materials | -0.14% | 24 |
| Energy | -0.20% | 21 |
| Consumer Discretionary | -0.24% | 47 |
| Communication Services | -0.54% | 22 |
| Consumer Staples | -0.61% | 34 |
| Utilities | -0.63% | 31 |
| Real Estate | -1.37% | 30 |
Largest moves
| Ticker | Name | Session |
|---|---|---|
| VRTSPX | Vertiv | +16.48% |
| FLEXSPX | Flex Ltd. | +11.61% |
| ORCLSPX | Oracle Corporation | +10.73% |
| LHSPX | Labcorp | +8.78% |
| SNDKSPXNDX | Sandisk | +7.66% |
| CRWVNDX | CoreWeave, Inc. | +7.32% |
| NBISNDX | Nebius Group N.V. | +6.96% |
| GEHCSPXNDX | GE HealthCare | +6.62% |
| Ticker | Name | Session |
|---|---|---|
| FFIVSPX | F5, Inc. | -20.43% |
| CSGPSPX | CoStar Group | -13.96% |
| CHRWSPX | C.H. Robinson | -11.14% |
| LIISPX | Lennox International | -10.59% |
| BKRSPXNDX | Baker Hughes | -7.36% |
| ODFLSPXNDX | Old Dominion | -7.33% |
| FTNTSPXNDX | Fortinet | -5.90% |
| BSXSPX | Boston Scientific | -5.84% |
Earnings reported in the session
Beat and miss shown only where consensus and actual are both published.
| Ticker | Name | Slot | EPS est. | Reported | Surprise | Result |
|---|---|---|---|---|---|---|
| MSFT | Microsoft Corporation | After close | 4.71 | — | — | — |
| GOOG | Alphabet Inc. | After close | 2.94 | — | — | — |
| GOOGL | Alphabet Inc. | After close | 2.94 | — | — | — |
| GEV | GE Vernova Inc. | Before open | 4.03 | — | — | — |
| KLAC | KLA Corporation | After close | 1.18 | — | — | — |
| APH | Amphenol Corporation | Before open | 0.73 | — | — | — |
| NOW | ServiceNow, Inc. | After close | 0.56 | — | — | — |
| TMUS | T-Mobile US, Inc. | After close | 2.86 | — | — | — |
| FTNT | Fortinet, Inc. | After close | 0.77 | — | — | — |
| ADP | Automatic Data Processing, Inc. | Before open | 2.78 | — | — | — |
| PSX | Phillips 66 | Before open | 11.97 | — | — | — |
| EQIX | Equinix, Inc. | After close | 9.28 | — | — | — |
| VRT | Vertiv Holdings, LLC | Before open | 1.82 | — | — | — |
| FDX | FedEx Corporation | After close | 3.24 | — | — | — |
| ORLY | O'Reilly Automotive, Inc. | After close | 0.92 | — | — | — |
| AEP | American Electric Power Company, Inc. | Before open | 2.04 | — | — | — |
| BSX | Boston Scientific Corporation | Before open | 0.73 | — | — | — |
| TEL | TE Connectivity plc | Before open | 3.08 | — | — | — |
| CVNA | Carvana Co. | After close | 0.47 | — | — | — |
| AON | Aon plc | Before open | 3.34 | — | — | — |
| GRMN | Garmin Ltd. | Before open | 2.38 | — | — | — |
| HONA | Honeywell Aerospace Inc. | After close | 1.90 | — | — | — |
| EBAY | eBay Inc. | After close | 1.11 | — | — | — |
| F | Ford Motor Company | After close | 0.39 | — | — | — |
| ODFL | Old Dominion Freight Line, Inc. | Before open | 1.61 | — | — | — |
| BIIB | Biogen Inc. | Before open | 2.06 | — | — | — |
| CMG | Chipotle Mexican Grill, Inc. | After close | 0.29 | — | — | — |
| GEHC | GE HealthCare Technologies Inc. | Before open | 1.21 | — | — | — |
| FLEX | Flex Ltd. | Before open | 0.97 | — | — | — |
| RJF | Raymond James Financial, Inc. | After close | 3.28 | — | — | — |
| OTIS | Otis Worldwide Corporation | Before open | 1.00 | — | — | — |
| AWK | American Water Works | After close | 2.11 | — | — | — |
| LH | Labcorp Holdings Inc. | Before open | 4.65 | — | — | — |
| VICI | VICI Properties Inc. | After close | 0.62 | — | — | — |
| SW | Smurfit WestRock plc | Before open | 0.60 | — | — | — |
| NI | NiSource, Inc | Before open | 0.22 | — | — | — |
| FTV | Fortive Corporation | Before open | 0.70 | — | — | — |
| IP | International Paper Company | Before open | 0.30 | — | — | — |
| IEX | IDEX Corporation | Before open | 2.23 | — | — | — |
| CHRW | C.H. Robinson Worldwide, Inc. | Before open | 1.72 | — | — | — |
| INVH | Invitation Homes Inc. | After close | 0.47 | — | — | — |
| TYL | Tyler Technologies, Inc. | After close | 2.70 | — | — | — |
| EG | Everest Group, Ltd. | After close | 9.38 | — | — | — |
| MAS | Masco Corporation | Before open | 1.01 | — | — | — |
| GEN | Gen Digital Inc. | After close | 0.65 | — | — | — |
| MAA | Mid-America Apartment Communities, Inc. | After close | 2.10 | — | — | — |
| LII | Lennox International, Inc. | Before open | 7.18 | — | — | — |
| GNRC | Generac Holdings Inc. | Before open | 2.38 | — | — | — |
| ALGN | Align Technology, Inc. | After close | 2.32 | — | — | — |
| MGM | MGM Resorts International | After close | 0.15 | — | — | — |
Headlines in the session window
- Fed's Warsh on Why He Watches Korea's Economy CloselyBloomberg Markets
- US tech stocks set to fall after earnings fuel AI spending concernsFinancial Times
- Nikkei Briefly Up 1,040 Points but Closes 685 Higher; Chip Stocks Bought, Gains Capped Ahead of Fed and BOJ - BigGo FinanceBank of Japan
- Stock Market Today: Nasdaq Futures Slump After Google Earnings DisappointWSJ Markets
Fed and macro
- FOMC Statement2026-10-28 · High impact
- Fed Interest Rate Decision2026-10-28 · High impact
- Fed Press Conference2026-10-28 · High impact
- FOMC Statement2026-10-28 · High impact
- Fed Interest Rate Decision2026-10-28 · High impact
- Fed Press Conference2026-10-28 · High impact
- Federal Reserve keeps rates unchanged despite elevated inflationreflector.com
- Federal Reserve holds interest rates steady in face of persistent inflationThe Hill Economy
- U.S. Federal Reserve keeps rates unchanged despite elevated inflation - BNN BloombergBNN Bloomberg
- Federal Reserve likely to skip rate hike despite elevated inflation - AudacyGoogle News US
- Federal Reserve likely to skip rate hike despite elevated inflation - WRALGoogle News US
64 universe names on the next earnings calendar (AMZN, LLY, MA, INTC, MRK, CAT) · scheduled US macro: FOMC Statement (2026-10-28); Fed Interest Rate Decision (2026-10-28); Fed Press Conference (2026-10-28).
The Equities Daily (Beta) lands before the US open with the previous session's close across the S&P 500 and Nasdaq, what carried the index, the story behind each mover, and the day's scheduled earnings and data. Free.
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