Market update: GLD ETF leads losses as SPY ETF, USO ETF fall
At 14:15 UTC, the GLD ETF fell the most while the USO ETF and SPY ETF were lower and the UUP ETF edged up; WTI shows a bullish trend signal.
Where prices stand
The GLD ETF is $368.51 and fell 1.34%; the USO ETF is $165.41 and fell 0.70%; the SPY ETF is $768.66 and fell 0.47%; the UUP ETF is $29.11 and rose 0.17%. All moves are from the prior close and prices are as of Oct 29, 14:15 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $768.66 | -0.10% | -0.47% | Oct 29, 14:15 UTC | Finnhub |
| US Dollar Index (via UUP ETF) | $29.11 | +0.48% | +0.17% | Oct 29, 14:15 UTC | Finnhub |
| Gold (via GLD ETF) | $368.51 | -1.44% | -1.34% | Oct 29, 14:15 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $165.41 | -4.19% | -0.70% | Oct 29, 14:15 UTC | Finnhub |
Trend check
WTI Crude Oil is flagged bullish with RSI(14) 53.4, a close of 103.37, a 50-day simple moving average of 96.61 and a longer-term SMA of 87.62. No trend-signal data were provided for the SPY ETF, UUP ETF or GLD ETF in the supplied signals.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| WTI Crude Oil | 103.37 | 96.61 | 87.62 | 53.4 | bullish |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 28, 22:40 UTC); it is not a recommendation.
In the news
The European Central Bank published an item titled "Monetary policy decisions," and separately published a press release headlined "ECB President Lagarde to step down on 7 February 2027," both attributed to the European Central Bank. The Bank of England published a consultation titled "Bank of England sets out approach to tokenised collateral in central clearing." CoinDesk reported "Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump."
- Monetary policy decisions — European Central Bank, Oct 29, 13:15 UTC
- ECB President Lagarde to step down on 7 February 2027 — European Central Bank, Oct 29, 10:00 UTC (also reported by Cointelegraph)
- Bank of England sets out approach to tokenised collateral in central clearing — Bank of England, Oct 29, 10:00 UTC
- Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump — CoinDesk, Oct 29, 11:11 UTC
What to watch
The Employment Cost Index is scheduled for Fri Oct 30, 12:30 UTC, according to bls; market participants will see that release next.
- Fri Oct 30, 12:30 UTC — Employment Cost Index (US) (source)
Sources and data
- European Central Bank (primary source) — Monetary policy decisions
- Bank of England (primary source) — Bank of England sets out approach to tokenised collateral in central clearing
- CoinDesk (secondary source) — Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump
- Finnhub (market data) — market data
- U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
- U.S. Bureau of Labor Statistics (primary source) — calendar
- U.S. Energy Information Administration via FRED (primary source) — calendar
- Federal Reserve (primary source) — calendar
Market data as of Oct 29, 14:15 UTC; report generated Oct 29, 14:21 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
S&P 500
A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.
US Dollar Index (DXY)
An index of the US dollar's value against a basket of six currencies: the euro (the largest weight, about 58%), Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc.
Gold (XAU)
A precious metal held as a store of value, a hedge against currency debasement and a safe haven, as well as used in jewellery and industry.
Sources & data
- European Central Bank (primary, retrieved Oct 29, 2026, 02:23 PM UTC)
- Bank of England (primary, retrieved Oct 29, 2026, 02:23 PM UTC)
- CoinDesk (secondary, retrieved Oct 29, 2026, 02:23 PM UTC)
- Finnhub (market-data, retrieved Oct 29, 2026, 02:23 PM UTC)
- U.S. Treasury and Federal Reserve Board via FRED (primary, retrieved Oct 29, 2026, 02:23 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Oct 29, 2026, 02:23 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Oct 29, 2026, 02:23 PM UTC)
- Federal Reserve (primary, retrieved Oct 29, 2026, 02:23 PM UTC)
Market data as of Oct 29, 2026, 02:15 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
Was this useful?
Report an issue with this article
Related coverage
Alphabet down 11.79% as AMZN earnings are due Oct 29, 2026
Alphabet posted the largest move among focus names while Apple, Meta and JPMorgan gained; prices are from Finnhub as of Oct 29, 15:15 UTC.
MarketAlleys Research Desk · · 3 min read
US ETFs fall as USO ETF leads losses
According to Finnhub, the USO ETF led declines among tracked US ETFs; the Employment Cost Index is scheduled for Fri Oct 30, 12:30 UTC, the bls said.
MarketAlleys Research Desk · · 2 min read
USD/CHF falls 0.24% to 0.8286 on Oct 29
According to the European Central Bank, USD/CHF was 0.8286 and fell 0.24% from the prior ECB fixing, with a five-session change of +0.81% as of Oct 29, 15:00 UTC.
MarketAlleys Research Desk · · 2 min read
Crypto market update: Solana leads gains at 15:00 UTC
Late-morning updates showed mixed moves across the four tracked coins, CoinGecko reported.
MarketAlleys Research Desk · · 2 min read