Market update Monday, October 26, 2026: SPY ETF up, USO ETF down

Where prices stand

Finnhub prices show the USO ETF, which tracks WTI Crude Oil, fell 1.32% from the prior close to $167.29. The SPY ETF, which tracks the S&P 500, rose 0.67% from the prior close to $765.05. The GLD ETF, which tracks Gold, rose 0.30% from the prior close to $367.71, and the UUP ETF, which tracks the US Dollar Index, rose 0.21% from the prior close to $29.02. All prices are at 19:00 UTC.

Trend check

Only WTI Crude Oil carries a trend signal in the desk feed: WTI Crude Oil is signaled bullish with RSI(14) 62.5. Its last close 107.89 sits above the 50-day SMA 94.53 and the long SMA 86.42, which are reported reference points rather than forecasts. No similar RSI or moving-average readings were supplied for the other instruments.

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 25, 22:40 UTC); it is not a recommendation.

In the news

The U.S. Commodity Futures Trading Commission issued a press release on a memorandum of understanding with the National Basketball Association, the agency published. Forexlive reported that the US Treasury sold $69 billion of 2-year notes at a high yield of 4.708% and also reported the US October Dallas Fed manufacturing index at 13.4 versus 9.8 prior. Yahoo published a news article on the Federal Reserve's Oct. 28 decision, US inflation and big-tech earnings in the context of bitcoin.

• CFTC and National Basketball Association Sign MOU to Protect Integrity in Professional Basketball — U.S. Commodity Futures Trading Commission, Oct 26, 14:00 UTC
• US Treasury sells $69 billion of 2-year notes at a high yield of 4.708% — Forexlive, Oct 26, 17:05 UTC
• $8 Trillion in Big Tech Earnings, Fed Decision and Inflation Data: Bitcoin's Next Big Test? — Yahoo, Oct 26, 15:32 UTC
• US October Dallas Fed manufacturing index 13.4 vs 9.8 prior — Forexlive, Oct 26, 14:32 UTC

What to watch

Key upcoming macro events are scheduled next week: the FOMC rate decision is scheduled Wed Oct 28, 18:00 UTC; Personal income and outlays / PCE is scheduled Thu Oct 29 (time not confirmed); GDP is scheduled Thu Oct 29 (time not confirmed); and the ECB monetary policy decision is scheduled Thu Oct 29, 13:15 UTC.

• Tue Oct 27 (time not confirmed) — Housing starts and permits (Census) (US) (source)
• Wed Oct 28, 18:00 UTC — FOMC rate decision (US) (source)
• Thu Oct 29 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
• Thu Oct 29 (time not confirmed) — Personal income and outlays / PCE (BEA) (US) (source)
• Thu Oct 29 (time not confirmed) — GDP (BEA) (US) (source)
• Thu Oct 29, 13:15 UTC — ECB monetary policy decision (EU) (source)

Sources and data

• U.S. Commodity Futures Trading Commission (primary source) — CFTC and National Basketball Association Sign MOU to Protect Integrity in Professional Basketball
• Forexlive (secondary source) — US Treasury sells $69 billion of 2-year notes at a high yield of 4.708%
• Yahoo (secondary source) — $8 Trillion in Big Tech Earnings, Fed Decision and Inflation Data: Bitcoin's Next Big Test?
• Finnhub (market data) — market data
• U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
• U.S. Energy Information Administration via FRED (primary source) — calendar
• Federal Reserve (primary source) — calendar
• European Central Bank (euro reference rates) (primary source) — calendar
• Bank of England (primary source) — calendar
• U.S. Bureau of Labor Statistics (primary source) — calendar

Market data as of Oct 26, 19:00 UTC; report generated Oct 26, 19:10 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.