US Equities · Pre-Open BriefingAlso todaySee the VIX Daily
Stocks slide on oil and China fears
November 5, 2026
The November 5, 2026 cash session, and what is scheduled today
The S&P 500 fell 4.36% to 7,353.73 and the Nasdaq Composite fell 5.52% to 24,315.00, with the Nasdaq-100 down 6.36%.
Breadth73 up / 430 down
LeadershipS&P 500 by 2.00pp
Member coverage100%
Futures now
Ahead of the open, S&P 500 futures are down 4.76%, Nasdaq 100 futures down 6.87%, Dow futures down 4.02% and Russell 2000 futures down 4.97% against their previous settlement. In Europe, the Euro Stoxx 50 is down 0.55%, the DAX down 0.43% and the FTSE 100 down 0.43%. Across markets, WTI is up 3.50% at 91.20, Gold is up 0.61% at 4,097.90 and EUR/USD is up 0.11% at 1.1220.
| Market | Level | Change | As of |
|---|---|---|---|
| S&P 500 futures | 7,353.00 | -367.50 (-4.76%) | 2026-11-05 |
| Nasdaq 100 futures | 26,604.00 | -1,962.75 (-6.87%) | 2026-11-05 |
| Dow futures | 51,352.00 | -2,151.00 (-4.02%) | 2026-11-05 |
| Russell 2000 futures | 2,723.40 | -142.50 (-4.97%) | 2026-11-05 |
Where the tape closed
S&P 500
7,353.73
-334.89 (-4.36%)
5d -4.75% · 1m -5.74%
Nasdaq Composite
24,315.00
-1,421.51 (-5.52%)
5d -7.14% · 1m -11.71%
Nasdaq-100
26,629.81
-1,807.36 (-6.36%)
5d -9.43% · 1m -14.54%
VIX
28.18
+11.57 (+69.66%)
5d +63.84% · 1m +86.87%
The Session
Of the 503 S&P 500 members that printed, 73 rose and 430 fell. Consumer Staples led the sector table at -0.64% on an equal-weighted basis and Information Technology sat at the bottom at -7.78%. Micron Technology (MU) fell 17.46% and carried the largest share of the weighted index move. The VIX rose 69.66% to 28.18. 38 universe names reported on the session.
World news
- A-share market up after rally - China Daily Global EditionGoogle News CN Macro
- Crude oil falls to $94, easing pressure on RBI ahead of December policy - Moneycontrol.comMoneycontrol IN (via GN)
- Rupee opens stronger at 94.35 against dollar as crude oil plunges over 8% - Moneycontrol.comMoneycontrol IN (via GN)
- How India Can Manage Chinese Surpluses - The China-Global South ProjectGoogle News CN Trade
The day ahead
Economic calendar
| Time | Release | Impact | Consensus | Previous |
|---|---|---|---|---|
| 08:30 ET | Nonfarm Productivity Quarter-over-Quarter Prel | Medium | 2.8 | 2.1 |
| 08:30 ET | Weekly Jobless Claims | Medium | 196000 | 195000 |
| 08:50 ET | Fed Hammack SpeechFed | High | — | — |
| 09:10 ET | Speech by Fed's Barkin | Medium | — | — |
| 19:00 ET | Speech by Fed's Logan | Medium | — | — |
Reporting today
Before the open: MRNA · HUM · VST (cons. 2.89) · ECHO (cons. 0.02) · PPL (cons. 0.53) · BEN (cons. 0.78) · CHTR (cons. 10.06)
Time not set: BRK-B (cons. 5.91)
Overnight and across markets
Asia and Europe
| Market | Level | Change | As of |
|---|---|---|---|
| Nikkei 225 | 62,188.63 | -893.23 (-1.42%) | 2026-11-04 last print |
| Hang Seng | 23,919.50 | +393.53 (+1.67%) | 2026-11-04 last print |
| Shanghai Composite | 3,686.17 | +78.08 (+2.16%) | 2026-11-04 last print |
| Euro Stoxx 50 | 6,231.54 | -34.17 (-0.55%) | 2026-11-05 |
| DAX | 26,325.01 | -112.66 (-0.43%) | 2026-11-05 |
| FTSE 100 | 10,782.66 | -46.54 (-0.43%) | 2026-11-05 |
Commodities, currencies and rates
| Market | Level | Change | As of |
|---|---|---|---|
| WTI crude | 91.20 | +3.08 (+3.50%) | 2026-11-05 |
| Gold | 4,097.90 | +24.90 (+0.61%) | 2026-11-05 |
| EUR/USD | 1.1220 | +0.0012 (+0.11%) | 2026-11-05 |
| USD/JPY | 157.69 | -0.78 (-0.49%) | 2026-11-05 |
| US 10-year yield | 4.84% | — | 2026-11-05 |
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 | -17.46% | -104.9 bp |
| SNDKSPXNDX | Sandisk | -22.26% | -64.5 bp |
| NVDASPXNDX | Nvidia | -9.26% | -61.0 bp |
| AMDSPXNDX | Advanced Micro Devices | -17.26% | -58.8 bp |
| TSLASPXNDX | Tesla, Inc. | -10.77% | -34.9 bp |
| APPSPXNDX | AppLovin | +31.04% | +29.4 bp |
| AVGOSPXNDX | Broadcom | -10.43% | -19.5 bp |
| MRVLSPXNDX | Marvell Technology | -16.43% | -17.3 bp |
Breadth and sectors
Sector moves equal-weighted across members that printed.
| Sector | Average member move | Members |
|---|---|---|
| Consumer Staples | -0.64% | 33 |
| Utilities | -0.76% | 31 |
| Communication Services | -1.24% | 22 |
| Real Estate | -1.56% | 30 |
| Health Care | -2.21% | 60 |
| Financials | -2.22% | 76 |
| Consumer Discretionary | -2.42% | 47 |
| Materials | -2.43% | 24 |
| Energy | -3.35% | 21 |
| Industrials | -3.79% | 83 |
| Information Technology | -7.78% | 76 |
Largest moves
Risers
| Ticker | Name | Session |
|---|---|---|
| APPSPXNDX | AppLovin | +31.04% |
| TPRSPX | Tapestry, Inc. | +7.07% |
| VRSKSPX | Verisk Analytics | +6.88% |
| CPAYSPX | Corpay | +6.78% |
| CFSPX | CF Industries | +6.17% |
| CHTRSPX | Charter Communications | +4.67% |
| MSISPX | Motorola Solutions | +4.03% |
| ALBSPX | Albemarle Corporation | +3.58% |
Fallers
| Ticker | Name | Session |
|---|---|---|
| SNDKSPXNDX | Sandisk | -22.26% |
| ALABNDX | Astera Labs, Inc. | -19.62% |
| LITESPXNDX | Lumentum | -18.68% |
| MUSPXNDX | Micron Technology | -17.46% |
| WDCSPXNDX | Western Digital | -17.35% |
| AMDSPXNDX | Advanced Micro Devices | -17.26% |
| MRVLSPXNDX | Marvell Technology | -16.43% |
| BESPX | Bloom Energy | -16.41% |
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 |
|---|---|---|---|---|---|---|
| COP | ConocoPhillips | Before open | 3.06 | — | — | — |
| MNST | Monster Beverage Corporation | After close | 0.30 | — | — | — |
| PH | Parker-Hannifin Corporation | Before open | 8.23 | — | — | — |
| SO | Southern Company (The) | Before open | 1.71 | — | — | — |
| ABNB | Airbnb, Inc. | After close | 2.86 | — | — | — |
| DUK | Duke Energy Corporation | Before open | 1.87 | — | — | — |
| CI | The Cigna Group | Before open | 7.46 | — | — | — |
| EOG | EOG Resources, Inc. | After close | 4.45 | — | — | — |
| SPG | Simon Property Group, Inc. | After close | 3.32 | — | — | — |
| APD | Air Products and Chemicals, Inc. | Before open | 3.60 | — | — | — |
| KMB | Kimberly-Clark Corporation | Before open | 1.66 | — | — | — |
| CMI | Cummins Inc. | Before open | 8.38 | — | — | — |
| TRGP | Targa Resources, Inc. | Before open | 2.81 | — | — | — |
| CAH | Cardinal Health, Inc. | Before open | 2.92 | — | — | — |
| BDX | Becton, Dickinson and Company | Before open | 4.06 | — | — | — |
| SRE | Sempra | Before open | 1.20 | — | — | — |
| ROK | Rockwell Automation, Inc. | Before open | 3.72 | — | — | — |
| DVN | Devon Energy Corporation | After close | 1.24 | — | — | — |
| ED | Consolidated Edison Inc | After close | 2.07 | — | — | — |
| LYV | Live Nation Entertainment, Inc. | After close | 1.50 | — | — | — |
| MCHP | Microchip Technology Incorporated | After close | 0.82 | — | — | — |
| ZTS | Zoetis Inc. | Before open | 1.51 | — | — | — |
| IRM | Iron Mountain Incorporated | Before open | 1.35 | — | — | — |
| MTD | Mettler-Toledo International, Inc. | After close | 12.11 | — | — | — |
| AXON | Axon Enterprise, Inc. | After close | 0.44 | — | — | — |
| AEE | Ameren Corporation | After close | 2.29 | — | — | — |
| DTE | DTE Energy Company | Before open | 2.10 | — | — | — |
| VRSK | Verisk Analytics, Inc. | Before open | 1.92 | — | — | — |
| GPN | Global Payments Inc. | Before open | 3.57 | — | — | — |
| TPR | Tapestry, Inc. | Before open | 1.56 | — | — | — |
| RL | Ralph Lauren Corporation | Before open | 4.27 | — | — | — |
| VTRS | Viatris Inc. | Before open | 0.64 | — | — | — |
| EVRG | Evergy, Inc. | Before open | 2.30 | — | — | — |
| SOLV | Solventum Corporation | After close | 1.35 | — | — | — |
| REG | Regency Centers Corporation | After close | 1.22 | — | — | — |
| AKAM | Akamai Technologies, Inc. | After close | 0.92 | — | — | — |
| CPT | Camden Property Trust | After close | 1.69 | — | — | — |
| WYNN | Wynn Resorts, Limited | After close | 0.58 | — | — | — |
Headlines in the session window
- This year’s worst-performing S&P 500 stock is finally seeing some major reliefMarketWatch
- Bloom Energy’s stock is one of the S&P 500’s biggest losers amid fears of data-center delaysMarketWatch
- A wipeout for AI stocks sends Wall Street reeling, and the S&P 500 tumbles more than 3% - BNN BloombergBNN Bloomberg
- Nasdaq falls at open after midterms-fueled surge as chip, data center stocks fall - ReutersReuters Business
- AI stock sell-off sends the S&P 500 down 4.4% in worst day since April 2025CBC Business
Fed and macro
- Fed Hammack Speech2026-11-05 · High impact
- Fed Hammack Speech2026-11-05 · High impact
What to watch
Eight universe names on the next earnings calendar (BRK-B, MRNA, HUM, VST, ECHO, PPL) · scheduled US macro: Fed Hammack Speech (2026-11-05); Fed Hammack Speech (2026-11-05).
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