Markets Close — November 2, 2026
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,541.40 | -38.67 (-0.51%) |
| Dow 30 | 51,983.98 | +213.67 (+0.41%) |
| Nasdaq | 25,164.36 | -272.63 (-1.07%) |
| Russell 2000 | 2,805.88 | -5.97 (-0.21%) |
| VIX | 21.15 | +1.73 (+8.91%) |
| 10-Yr Bond | 4.894% | -0.035 |
Commodities & Crypto:
- Gold: $3,967.70 (-0.05%)
- Crude Oil (Dec): $96.37 (-0.09%)
- Bitcoin: $76,990.44 (-1.32%)
Big movers: Lumentum -18.3%, Oracle -8.5%, Marvell -12.0%, Intel -7.8%, Palantir -6.4%, Apple -4.5% — a broad AI/semis sell-off dominated the tape alongside the mega-cap earnings reactions below.
Earnings Recap (full writeups on the blog)
- Apple (AAPL): Beat on revenue ($114.5B) and EPS ($2.10, +14% YoY), record FY2026 revenue of $478.8B — but weak margin guidance and China/iPad misses sent shares down ~4.5% after hours under new CEO Ternus. Full recap →
- Palantir (PLTR): Crushed estimates — revenue +96% YoY to $2.313B, EPS $0.44 vs. $0.41 est, U.S. commercial revenue overtook government revenue for the first time. Raised guidance. Stock still fell ~6.4% on valuation. Full recap →
Geopolitical Intel (ThinkCreate, LVL 1-10 scale)
Priority items (LVL 3-4):
- [LVL 3] Iran war live: Vance sees “progress,” Tehran says “ball is in US court” — ongoing diplomatic standoff, Gulf states bracing for potential escalation
- [LVL 3] Russian strike on Ukraine aid centre kills 26, per Kyiv (BBC)
- [LVL 3] Cyber-attack hits shop freezers across seven European countries (BBC)
- [LVL 3] Florida jet crash — investigators say plane may have broken apart pre-impact
- [LVL 4] Wildfire notifications — Botswana and two sites in Australia (GDACS)
- [LVL 3] Falklands sovereignty tension — Argentina’s “Sea Lion” legal case faces sovereignty hurdles per legal experts; UK representatives honor Falklands war dead in London
Defense Sector Snapshot
| Ticker | Price | Change |
|---|---|---|
| RTX | $202.79 | +1.5% |
| LMT | $643.15 | +0.97% |
| NOC | $555.32 | -0.4% |
| GD | $373.46 | +0.23% |
| BA | $175.40 | +2.24% |
| PLTR | $178.34 | -3.13% |
Live Data Snapshot
- Commercial flights: 6,292 | Military: 147 | Private: 1,578 | Flagged aircraft: 331
- Vessels tracked: 20,088 | Active satellites: 548
- GPS jamming events (24h): 12 | Earthquakes (24h): 49
- Global GDELT incidents: 1,103
Tomorrow’s Earnings (Nov 3) — 288 Companies Reporting
After market close: AMD (EPS est $1.94), Amgen ($5.78), Arista Networks ($1.08), Booking Holdings ($4.50), Suncor Energy, Electronic Arts, Block (XYZ), AIG, Prudential Financial
Before market open: Shopify ($0.46), Pfizer ($0.73), Eaton ($3.55), Marathon Petroleum ($26.00), Ferrari ($2.32), Apollo Global Management ($2.20), AMETEK, Keurig Dr Pepper, Yum! Brands
Watch AMD closely after hours — the key number to watch is whether it’s gaining ground on Nvidia in AI accelerator share, following a broad semis sell-off today (Marvell -12%, Intel -7.8%).
Bottom Line
A mega-cap earnings beat-but-fall pattern (Apple, Palantir) combined with a semis-led AI sell-off pushed the Nasdaq down over 1% and the VIX up nearly 9%, even as the Dow held green on rotation into value. Geopolitical risk stayed at a simmer (Iran, Ukraine) rather than boiling over. Tomorrow’s AMD print is the session’s highest-stakes earnings event — a weak number alongside today’s semis rout would compound the AI-trade unwind.