Tormere Research
Daily After-Market Digests and other market commentary.
S&P 500 +0.60% to 7,722.60 and the Nasdaq +1.18% as chip stocks extended technology's advance on FOMC day one, while Xylem fell 14.21% on a guidance cut; December Brent settled at $113.88 and December WTI at $99.90; Gold $4,075.20; 10-year 4.99%.
S&P 500 +0.70% to 7,676.77 and the Nasdaq +0.82% as technology led a rebound on Anthropic's public IPO filing, while Fair Isaac fell 13.15%; December Brent settled at $115.81 and December WTI at $101.76; Gold $4,037.70; 10-year 5.00%.
S&P 500 -0.52% to 7,623.68 and the Dow -1.23% as telecoms fell on reported SpaceX cell-site talks and crude extended its rally; December Brent settled at $116.72, its highest since April, and December WTI at $103.27; Gold $4,007.40; 10-year 5.00%.
S&P 500 -1.21% to 7,663.43 and the Nasdaq -2.60% as chips and AI megacaps sold off and Moderna fell on leaked trial data; Brent settled at $113.17, its highest since early May, and December WTI at $99.47; Gold $4,060.00; 10-year 4.96%.
S&P 500 +0.58% to 7,757.17 and the Nasdaq +1.05% as chips and AI hardware led and Super Micro raised its outlook; AT&T and Netflix fell after results; Brent settled at $108.82 and December WTI at $97.15; Gold $4,150.10; 10-year 5.13%.
S&P 500 +0.28% to 7,712.57 and the Dow +1.02% as health care led and earnings offset AI-linked weakness; Brent settled at $108.79 on U.S.-Iran talk headlines; November WTI expired at $101.79; Gold $4,142.10; 10-year 5.12%.
Nasdaq +1.11% to 26,430.89 and the S&P 500 +0.41% as technology rebounded on narrow breadth while the Dow slipped 0.07%; Brent settled at $109.55; November WTI $103.66 ahead of expiry; Gold $4,160.10; 10-year 5.15%.
S&P 500 -1.09% to 7,659.44 and the Nasdaq -2.15% as the AI-linked sell-off deepened while Brent settled at $109.86 on Middle East supply risk; WTI $101.41; Gold $4,181.00; 10-year 5.09%.
S&P 500 +0.33% to 7,744.06 and the Dow +1.08% as Treasuries rallied despite a 1.3% September PPI jump and Barclays-downgraded HPE and Dell extended the data center sell-off; Brent $105.92; WTI $97.97; Gold $4,169.70; 10-year 5.10%.
S&P 500 -1.11% to 7,718.94 as a hotter September CPI print (3.7% y/y) revived October rate-hike bets and Dell led a data center sell-off; Brent $106.06; Gold $4,107.90; 10-year 5.19%.
S&P 500 -0.02% to 7,805.45 as chip stocks and Johnson & Johnson weighed on the start of bank earnings season; Brent $105.69; Gold $4,176.60; 10-year 5.21%.
S&P 500 -0.06% to 7,807.24 as technology lagged and the Dow gained 0.38%; Brent $106.65; Gold $4,190.30; Treasury market closed for Columbus Day.
S&P 500 +0.59% to 7,811.54 as SpaceX's spectrum deal hit wireless carriers and lifted tower REITs; Brent $104.72; Gold $4,216.10; 10-year yield 5.24%.
S&P 500 -0.47% to 7,765.36 as semiconductors fell on an OpenAI revenue report; Brent $104.28; Gold $4,155.50; 10-year yield 5.22%.
S&P 500 -0.22% to 7,801.77 as the 10-year yield touched 5.36% intraday; Caterpillar -5.75%; Brent $100.20; Gold $4,140.20.
S&P 500 +0.58% to a record 7,818.93 as the 10-year yield eased to 5.27%; Constellation Energy +12.25% on Google nuclear deal; Brent $100.58.
S&P 500 +0.66% to 7,773.95 and Nasdaq +1.05% as the 10-year yield rose to 5.31%; PTC +33.49% on Schneider Electric's $22.6bn all-cash offer; Brent $100.32.
S&P 500 +0.73% to 7,722.72 as September payrolls rose 29,000; 10-year yield 5.28%; Brent $102.25; Seagate and Western Digital lead decliners on Toshiba's HDD expansion.
S&P 500 +0.19% to 7,666.45 as Treasury yields retreated from multidecade highs (10-year 5.24%); Brent +4.37% to $102.31; Accenture +15.78% on fiscal 2027 guidance.
The S&P 500 slips 0.25% and the Dow falls 0.86% while the Nasdaq gains 0.24% as the Treasury curve steepens after a cooler-than-expected August PCE report, the 30-year yield rises 5bp to 5.64%, Jabil drops 10.03% despite a beat and raised guidance, and Brent December settles up 1.94% to $98.03 as the November contract expires.
The S&P 500 slips 0.17% and the 30-year Treasury yield touches a 24-year high of 5.62% as consumer confidence falls to an 11-year low, FICO plunges 26.5% on new FHFA/VantageScore mortgage-scoring competition, Carnival jumps 13.4% on record bookings and raised guidance, and gold rises 0.29% to $4,180.70 despite a firmer dollar.
The S&P 500 falls 0.77% and the Nasdaq 0.92% as the 10-year Treasury yield jumps 7bp to a multiyear high of 5.24% and Trump rejects Iran's latest Hormuz proposal, gold sinks 3.52% to $4,168.42 on a stronger dollar, and Bloom Energy leads S&P 500 decliners, down 8.95%.
The S&P 500 gains 0.51% and the Dow 0.93% to end a three-week losing streak as the 2-year Treasury yield falls 6bp to 4.81%, November Brent settles 2.14% lower at $104.32 and University of Michigan sentiment slips to 48.1.
The 10-year Treasury yield rises 7bp to 5.18% and the 30-year to 5.47% as the Fed’s Williams calls another hike by year-end reasonable; the S&P 500 is flat, the Dow falls 0.31% and November Brent settles 4.31% higher at $107.52.
The 10-year Treasury yield rises 15bp to 5.11%, its highest since 2007, on a strong flash PMI and hawkish Fed comments; the Nasdaq falls 1.13% and the Dow 0.68% while November Brent settles 3.86% higher at $103.08.
Indices split as the Dow falls on retreating oil and the Nasdaq extends its AI-driven gain; Brent settles 1.09% lower at $99.25 on reports Iran may reopen the Strait of Hormuz, while the 2-year yield leads a continued bull-flattening of the curve.
Indices advance despite a modest flattening of the curve as the 10-year falls 5bp to 4.96% and Brent settles 3.40% lower at $100.34; a quiet data week leaves the Trump-Xi meeting and the tariff outlook as the main pricing variable.
The front end leads a bear flattening, with the 2-year up 9bp to 4.76% and 2s10s at 25bp, even as Brent settles 0.91% lower at $103.87 on Saudi pipeline restoration; semiconductors and crypto-levered names carry a narrow tape while August industrial production comes in unchanged.
Equities rebound the day after the Fed's first hike since 2023 as Brent settles 0.95% lower on Saudi supply workarounds and the Treasury curve rallies 5 to 8bp; Generac leads the S&P 500 on a $2.4 billion Amazon data center supply agreement.
The Fed raises rates 25bp to 3.75-4.00% and signals another hike this year, sending the Dow down 1.21% as the 2-year yield jumps 7bp; J.B. Hunt leads S&P 500 losers on an earnings warning while Lumentum paces the gainers.
10-year Treasury yields hit their highest level since 2007 as the Fed's two-day meeting opens, oil holds above $100/bbl, and Skyworks leads S&P 500 gainers on merger progress while Coinbase Global paces the losers.
AI industry leaders' call to slow development triggers a global tech selloff even as PANW and CrowdStrike surge on an AI-security bid; oil surges after a Saudi pipeline shutdown with the Fed's rate decision two days out.