Daily Market Commentary

Wednesday, October 28, 2026

quotes as of Oct 28, 5:03 PM PT · built 5:13 PM PT

SentiSense Market Mood

as of Oct 28, 2026 · 0 = extreme fear, 100 = extreme greed · weekly change in points
Market Mood score
36/100
Anxiety
▼ −7.3 pts this week
Extreme fearNeutralExtreme greed
Social Sentiment
53
wk −0.7
Market Direction
49
wk −2.2
Risk Appetite
67
wk −18.0
Social Momentum
2
wk 0.0
S&P 500 Trend
19
wk −4.4
Options Flow
0
wk −24.7

Sector scores (11 sectors, strongest to weakest)

Real Estate
50−4.0
Neutral
Utilities
49−11.0
Neutral
Materials
48−2.2
Neutral
Cons. Staples
46−13.6
Neutral
Cons. Discretionary
46−9.2
Neutral
Industrials
43−4.3
Anxiety
Financials
43−9.3
Anxiety
Energy
39−9.9
Anxiety
Health Care
37−9.7
Anxiety
Technology
37+0.8
Anxiety
Comm. Services
36+0.6
Anxiety

Leaders, laggards and divergences

Strongest sectors

  • Real Estate50 · −4.0
  • Utilities49 · −11.0
  • Materials48 · −2.2

Weakest sectors

  • Comm. Services36 · +0.6
  • Technology37 · +0.8
  • Health Care37 · −9.7

Divergences

  • Crowd vs price: Social Sentiment reads 53 while Market Direction (49) and S&P 500 Trend (19) are deeply weak, so chatter is calmer than price action.
Source: SentiSense market-mood reading (cached nightly). Sentiment data, not a recommendation.
S&P 500
7,743.98
+21.38 (+0.28%)
1-month +1.0%
Nasdaq
26,549.85
+72.04 (+0.27%)
1-month -0.9%
Dow
52,475.10
+97.53 (+0.19%)
1-month +2.2%
Russell 2000
2,830.51
+11.64 (+0.41%)
1-month +0.8%
10-yr yield
5.045%
+0.052 (+1.04%)
1-month -3.7%
VIX
16.91
-0.61 (-3.48%)
1-month +5.2%
Dollar (DXY)
102.15
-0.17 (-0.17%)
1-month +0.9%
WTI oil
101.98
+2.08 (+2.08%)
1-month +10.1%
Gold
4,061.90
-12.70 (-0.31%)
1-month -2.6%
Bitcoin
81,280
+0.78% 24h
USD, CoinGecko
Ether
2,358
+0.63% 24h
USD, CoinGecko

What moved markets

  • Stocks rose for a third straight day after the Fed left rates unchanged. The S&P 500 gained 0.28% to 7,743.98, the Nasdaq Composite added 0.27% to 26,549.85 and the Dow rose 97.53 points (0.19%) to 52,475.10. source
  • The Fed kept its benchmark rate at 3.75% to 4% in a 10-2 vote, with Governor Lisa Cook and Cleveland Fed President Beth Hammack dissenting in favor of a quarter-point hike. The statement said inflation 'remains elevated', upgraded the economy to 'strong', and the Fed will hold one fewer policy meeting next year. Chair Kevin Warsh said he would not prejudge December. source
  • Bonds steepened: the 2-year Treasury yield slipped to about 4.73% during Warsh's press conference while the 10-year rose 5 basis points to 5.044%, its biggest gain since Sept. 28, and the 30-year reached 5.36%. The dollar ticked down after his comments. source
  • Under the surface the tape was flat: 244 of 501 S&P 500 tickers rose, the median stock slipped 0.06%, and 54 index stocks moved 3% or more. Basic materials was the best sector (median +0.38%) and communication services the worst (-1.12%). Vertiv jumped 16.5% on earnings and Oracle rose 10.7%, while F5 fell 20.4%. source
  • Oil climbed on reports the US may renew strikes on Iran after the midterms and a Houthi attack on a Saudi refinery: WTI rose 2.9% to settle at $102.78 and Brent gained 1.3% to $115.32. Spot gold lost 0.5% to about $4,039 an ounce. source
  • Crypto: bitcoin was near $81,245 and ether near $2,357 Wednesday evening on Yahoo Finance, both up under 1% from Tuesday evening. source

After hours & earnings

  • Alphabet fell about 9% to 10% after its third-quarter report showed negative free cash flow of $9.07 billion and core search revenue of $63.35 billion, short of the $64.96 billion expected; total revenue of $127.58 billion also missed the LSEG estimate. source
  • Microsoft rose about 2% to 4% after beating on both lines: fiscal first-quarter revenue of $92.28 billion versus $90.69 billion expected and adjusted EPS of $4.89 versus $4.73, with Azure revenue up 48% year over year. source
  • Software and security sold off: Fortinet plunged about 25% on a gross-margin shortfall and ServiceNow dropped 15% to 19% after a slight profit miss. Sprouts Farmers Market sank 18% on misses across the board. source
  • On the upside, Carvana climbed about 10% on a beat and the close of an SEC investigation with no action, Gen Digital rose 8.7% on raised guidance, Chipotle gained 5% to 7% on better same-store sales, and KLA added about 3%. source

Sector performance

Technology+1.70%Cons. discretionary+1.04%Materials+0.78%Utilities+0.71%Industrials+0.57%Health care-0.06%Financials-0.25%Communication-0.26%REITs / property-0.84%Cons. staples-0.92%Energy-2.05%

SPDR sector ETFs, day change at close.

Top movers (S&P 500)

Gainers

VRT Vertiv+16.48%
FLEX Flex+11.61%
ORCL Oracle+10.73%
LH Labcorp+8.78%
SNDK Sandisk+7.66%

Decliners

FFIV F5-20.43%
CSGP CoStar-13.96%
CHRW C.H. Robinson Worldwide-11.14%
LII Lennox International-10.59%
BKR Baker Hughes-7.36%

Wednesday 10/28 regular session (S&P 500 members, closing prices). source

Economic calendar

Thu 10/298:30a ETQ3 GDP (advance), September PCE inflation, income and spending, jobless claims
Thu 10/299:15a ETECB rate decision
Fri 10/30Bank of Japan decision; euro-area GDP flash

source

Earnings next week

Thu 10/29Caterpillar, Eli Lilly, Mastercard, Merck (am); Amazon, Intel, Sandisk, Starbucks, Coinbase, Reddit (pm)
Fri 10/30Chevron, AbbVie, AstraZeneca, Regeneron (am)

am = before open, pm = after close. source

Global & overnight

  • Europe was subdued ahead of Thursday's ECB decision: the STOXX 600 edged up 0.07% to 644.14 and the DAX rose 0.44%, while Spain's IBEX fell 1.45% as Santander dropped 5.6%. Stellantis jumped about 15% and Deutsche Bank gained about 4%, while Thyssenkrupp fell 17% and Adyen lost more than 13%. source
  • Japan's Nikkei 225 rose 1.08% to 63,954.19 as SK Hynix results lifted chip stocks (Kioxia +13.8%, Tokyo Electron +4.4%), but the broader TOPIX slipped 0.14% and the 10-year JGB yield rose to 2.819%. source
  • In London the FTSE 100 ended a touch higher as the UK chancellor's first budget set a temporary bank levy increase smaller than feared, and China's Shanghai Composite fell 1.33%. source

Top companies by SentiSense strength

#CompanyRatingSentiment trend (7-day change)Smart-money flagsWhy
1TXN Texas InstrumentsA 98.8Rising (+13.8)Analyst upgrade (30d)Analyst net upgrades 30dRating A (98.8, top 1.2%); Score 33 (7d) vs 19 (30d); 57% analyst buy, target upside +9%
2AZN AstraZenecaA 98.7Rising (+2.0)Analyst net upgrades 30dRating A (98.7, top 1.3%); Score 36 (7d) vs 34 (30d); 75% analyst buy, target upside +22%
3MU Micron TechnologyA 97.3Rising (+11.8)none in free previewRating A (97.3, top 2.7%); Score 36 (7d) vs 25 (30d); 92% analyst buy, target upside +59%
4AMZN AmazonA 97.2Steady (-0.8)none in free previewRating A (97.2, top 2.8%); Score 54 (7d) vs 55 (30d); 97% analyst buy, target upside +31%
5CRM SalesforceA 98.4Steady (+1.0)Analyst net upgrades 30dRating A (98.4, top 1.6%); Score 32 (7d) vs 31 (30d); 71% analyst buy, target upside +19%
6APH AmphenolA 98.8Rising (+4.0)none in free previewRating A (98.8, top 0.3%); Score 22 (7d) vs 18 (30d); 89% analyst buy, target upside +27%
7MSFT MicrosoftA 98.1Falling (-3.7)none in free previewRating A (98.1, top 0.7%); Score 22 (7d) vs 25 (30d); 95% analyst buy, target upside +14%
8DVN Devon EnergyA 100.0Rising (+2.9)none in free previewRating A (100.0, top 0.0%); Score 13 (7d) vs 10 (30d); 100% analyst buy, target upside +20%
9COST CostcoA 98.5Falling (-5.1)none in free previewRating A (98.5, top 1.5%); Score 26 (7d) vs 31 (30d); 63% analyst buy, target upside +9%
10ADI Analog DevicesA 99.7Rising (+4.4)none in free previewRating A (99.7, top 0.3%); Score 14 (7d) vs 9 (30d); 88% analyst buy, target upside +10%

How it is ranked: Composite = 0.55 x Rating score + 0.25 x SentiSense Score level (avg of 7d & 30d, scaled -10..40 to 0..100) + 0.10 x Score trend (7d minus 30d avg, scaled -10..+10) + 0.10 x analyst buy ratio, +/-3 per smart-money flag (insider cluster, congress, analyst upgrades/momentum). Candidates: top 15 by Rating A/B (of 271 matched). Smart-money feeds are free-key preview slices (cluster-buys 4, politicians 5 of 662, analyst upgrades 50 of 209); absence of a flag is not evidence of absence. AI insight headlines skipped (per-ticker calls over budget).

Educational context only, not buy advice. Source: SentiSense, market-wide screen.