Daily Market Commentary

Friday, October 30, 2026

quotes as of Oct 30, 2:15 PM PT · built 12:21 AM PT

Dow
51,770.31
-572.25 (-1.09%)
1-month +1.7%
Nasdaq
25,437.00
-747.72 (-2.86%)
1-month -5.3%
S&P 500
7,580.07
-140.32 (-1.82%)
1-month -0.9%
Russell 2000
2,811.84
-47.38 (-1.66%)
1-month +0.5%
10-yr yield
4.929%
-0.060 (-1.20%)
1-month -6.9%
VIX
19.42
+2.22 (+12.91%)
1-month +18.8%
Dollar (DXY)
101.88
-0.16 (-0.16%)
1-month +0.4%
WTI oil
104.12
+2.12 (+2.08%)
1-month +15.2%
Gold
3,898.90
-132.50 (-3.29%)
1-month -6.9%
Bitcoin
77,345
-1.31% 24h
USD, CoinGecko
Ether
2,244
-0.16% 24h
USD, CoinGecko
Bitcoin · BTC
$77,345
-1.31%
Ether · ETH
$2,244
-0.16%
Solana · SOL
$95.86
-2.08%
Sui · SUI
$0.900
+1.11%
Near · NEAR
$4.36
+1.77%
Hyperliquid · HYPE
$88.46
-4.74%

What moved markets

  • Crypto spot: Sui and Near bounced about 8% over 24 hours by late Friday afternoon after Thursday's slide, whil…
  • Tech selloff deepened on the last trading day of October: the S&P 500 fell 1.82% to 7,580.07, the Nasdaq Compo…
  • Intel fell 28.58% to $65.76, on pace for its worst day since 1974, after guiding fourth-quarter revenue to $15…
  • Intel's warning hit chips worldwide: the Philadelphia Semiconductor Index sank about 9%, Qualcomm fell 11.1%, …
  • Amazon closed about 2% to 2.5% lower after paring a 6% early drop; its third-quarter miss came with a second s…
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After hours & earnings

  • No major companies reported after Friday's close; the next big catalysts are Apple and Palantir after Monday's…
  • Morning recap of Thursday's late reports: Intel sank about 23% premarket and Amazon nearly 6% before recoverin…
  • Crypto-linked stocks (Coinbase, Robinhood) fell over 4% premarket after Binance said about $6.3 billion of ass…
  • Intel's finance chief said the PC slowdown should last at least through the first half of next year, with PC c…
  • Apple (Mon after close) and AMD (Tue after close) are the next two AI-hardware checkpoints after Intel's cash-…
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Global & overnight

  • Europe slipped at the end of its best month since June: the STOXX 600 fell 0.36% to 646.75 and Germany's DAX l…
  • Japan's Nikkei 225 fell 2.12% to 63,290.11 as the chip selloff snapped Tokyo's run, and the Bank of Japan held…
  • South Korea's KOSPI dropped 3.48% on chip weakness, while Hong Kong's Hang Seng bucked the trend with a 1.46% …
  • Chip-linked Asia led the risk-off handoff into the U.S. session: Tokyo and Seoul sold semiconductors hard whil…
  • European banks and autos stayed soft into month-end as the STOXX 600 gave back part of October's rally; the eu…
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Rates & macro

  • Treasuries held their rally on the tech selloff: the 10-year fell more than 4 basis points to about 4.94% and …
  • Fed path: two officials called for more hikes. Musalem said more firming is needed 'soon' and Logan wants at l…
  • Inflation backdrop: September PCE rose 0.5% on the month and 3.6% from a year ago, its biggest monthly gain si…
  • Dollar: the DXY eased about 0.2 to roughly 102.1 as yields fell; Bloomberg argues high rates and AI-related sp…
  • Gold hit a one-year low as the selloff spread and higher-for-longer rate expectations weighed on non-yielding …
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AI-compute tracker

  • Nvidia closed down 4.22% at $204.64, giving back more than the prior day's slip as Intel's cash-burn warning s…
  • The Philadelphia Semiconductor Index sank about 9% and the iShares Semiconductor ETF about 10%; AMD, Marvell a…
  • TSMC fell about 1.8% to 1.9% in Asian trading, while Asian chip suppliers still reported strong AI demand.
  • Hyperscaler capex: Amazon kept about $220 billion for 2026 and signaled another increase next year after a sha…
  • AI hardware suppliers sold off: Dell fell 10.8%, HP 9.6%, Arista 8.3%, Coherent 11.3% and Lumentum 8.6%, while…
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Economic calendar

  • Mon 11/2 10:00a ET: ISM Manufacturing
  • Tue 11/3 10:00a ET: JOLTS job openings; U.S. midterm election day
  • Wed 11/4 : ADP employment; ISM Services
  • Thu 11/5 8:30a ET: Weekly jobless claims; productivity
  • Earnings: Mon 11/2 Apple, Palantir, Vertex (pm); Tue 11/3 Pfizer, Shopify, Keurig Dr Pepper (am); AMD, Amgen, …
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Earnings & big events

  • Monday 11/2: Apple and Palantir report after the close; ISM Manufacturing in the morning.
  • Tuesday 11/3: U.S. midterm election day plus AMD, Shopify, Pfizer and Arista earnings; AMD's data-center outlo…
  • Friday 11/6: October jobs report, a key input for the December Fed hike debate.
  • Binance hack follow-through: withdrawals remain paused and about $3 billion is frozen; watch for restored with…
  • Oil above $100 keeps fuel-driven inflation in focus: U.S. diesel is up more than 70% from a year ago, and the …
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Top movers (S&P 500)

Gainers

FDXF FedEx Freight+14.91%
REGN Regeneron Pharmaceuticals+13.33%
GPN Global Payments+12.97%
GDDY GoDaddy+10.72%
CSGP CoStar+7.21%

Decliners

RDDT Reddit-29.22%
INTC Intel-28.58%
SNDK Sandisk-13.47%
DDOG Datadog-11.50%
COHR Coherent-11.34%

Friday 10/30 regular session (S&P 500 members, closing prices). source

Top movers (Nasdaq)

Gainers

REGN Regeneron Pharmaceuticals+13.33%
TMUS T-Mobile US+6.21%
CMCSA Comcast+4.27%
MDLZ Mondelez International+3.85%
ROP Roper Technologies+3.77%

Decliners

INTC Intel-28.58%
DDOG Datadog-11.50%
QCOM Qualcomm-11.12%
AMD Advanced Micro Devices-10.88%
MRVL Marvell Technology-10.05%

Nasdaq-100 members that also sit in the S&P 500, Friday 10/30 closing prices; Nasdaq-only names are not ranked here. source

Crypto

Bitcoin (BTC)
$77,345
-1.31% 24h
$77,308, up 0.2% in 24h, after dropping to about $76,400 overnight, its lowest since Sept. 18, on the Binance hack; futures liquidations jumped fourfold to $1.57 billion and options traders turned defensive. source
Ether (ETH)
$2,244
-0.16% 24h
$2,245.52, up 1.6% in 24h, after briefly touching $2,170 overnight; open interest fell as money left ether futures. source
Solana (SOL)
$95.86
-2.08% 24h
$96.33, up 3.2% in 24h, but open interest fell 13.3% overnight and funding turned negative, a sign traders pulled money from Solana futures. source
Sui (SUI)
$0.90
+1.11% 24h
$0.908, up 8.1% in 24h, a rebound after Thursday's slide; no specific catalyst was reported. source
Near (NEAR)
$4.36
+1.77% 24h
$4.31, up 7.9% in 24h; overnight, open interest fell 11.8% for a second straight day of exits and funding turned negative. source
Hyperliquid (HYPE)
$88.46
-4.74% 24h
$89.58, up 0.8% in 24h after a 15% overnight surge that lifted it to the No. 7 coin by market value; open interest jumped 28% as money came in while the rest of the market fell. source

Prices and 24h moves from the CoinGecko public API, snapshot about 5:20 PM PT Fri 10/30.