Market update: USO ETF fell 6.38% as of Nov 2, 19:31 UTC
Oil led moves, with the USO ETF down 6.38%; the GLD ETF rose 1.70% while the SPY ETF and UUP ETF edged lower, per Finnhub as of Nov 2, 19:31 UTC.
Where prices stand
As of Nov 2, 19:31 UTC, according to Finnhub, the USO ETF was at $158.06 and fell 6.38% from the prior close, the largest move among the tracked assets. The GLD ETF was at $361.83 and rose 1.70% from the prior close; the SPY ETF was at $755.08 and fell 0.08% from the prior close; the UUP ETF was at $28.97 and fell 0.10% from the prior close.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $755.08 | -0.56% | -0.08% | Nov 2, 19:31 UTC | Finnhub |
| US Dollar Index (via UUP ETF) | $28.97 | +0.14% | -0.10% | Nov 2, 19:31 UTC | Finnhub |
| Gold (via GLD ETF) | $361.83 | -2.95% | +1.70% | Nov 2, 19:31 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $158.06 | -4.19% | -6.38% | Nov 2, 19:31 UTC | Finnhub |
Trend check
Trend signals show WTI Crude Oil is bullish, with RSI(14) 53.4; last close 103.37, 50-day SMA 96.61 and longSma 87.62.
| 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 Nov 1, 22:41 UTC); it is not a recommendation.
In the news
Reuters reported "Sectors bracing for a pivot as US midterm elections loom." cnbc.com published "Fed will vote on rates less often. What that could mean for borrowers," and CNBC published "Stock market after midterm elections: What S&P 500 history shows." Yahoo published "Apple's Fiscal 2027 Earnings Face Downside Risks From Slower Growth, Oppenheimer Says."
- Sectors bracing for a pivot as US midterm elections loom — Reuters, Nov 2, 17:17 UTC
- Fed will vote on rates less often. What that could mean for borrowers — cnbc.com, Nov 2, 17:03 UTC
- Stock market after midterm elections: What S&P 500 history shows — CNBC, Nov 2, 15:41 UTC
- Apple's Fiscal 2027 Earnings Face Downside Risks From Slower Growth, Oppenheimer Says — Yahoo, Nov 2, 17:07 UTC
What to watch
The Job Openings and Labor Turnover Survey is scheduled for Tue Nov 3, 15:00 UTC; the International trade balance (BEA/Census) is scheduled for Wed Nov 4 (time not confirmed); Weekly jobless claims (DOL) are scheduled for Thu Nov 5 (time not confirmed); the Bank of England rate decision and Monetary Policy Report is scheduled for Thu Nov 5, 12:00 UTC; Productivity and Costs is scheduled for Thu Nov 5, 13:30 UTC.
- Tue Nov 3, 15:00 UTC — Job Openings and Labor Turnover Survey (US) (source)
- Wed Nov 4 (time not confirmed) — International trade balance (BEA/Census) (US) (source)
- Thu Nov 5 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
- Thu Nov 5, 12:00 UTC — Bank of England rate decision and Monetary Policy Report (GB) (source)
- Thu Nov 5, 13:30 UTC — Productivity and Costs (US) (source)
Sources and data
- Reuters (secondary source) — Sectors bracing for a pivot as US midterm elections loom
- cnbc.com (secondary source) — Fed will vote on rates less often. What that could mean for borrowers
- CNBC (secondary source) — Stock market after midterm elections: What S&P 500 history shows
- Yahoo (secondary source) — Apple's Fiscal 2027 Earnings Face Downside Risks From Slower Growth, Oppenheimer Says
- 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
- Bank of England (primary source) — calendar
- Federal Reserve (primary source) — calendar
- European Central Bank (euro reference rates) (primary source) — calendar
Market data as of Nov 2, 19:31 UTC; report generated Nov 2, 19:31 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
- Reuters (secondary, retrieved Nov 2, 2026, 07:34 PM UTC)
- cnbc.com (secondary, retrieved Nov 2, 2026, 07:34 PM UTC)
- CNBC (secondary, retrieved Nov 2, 2026, 07:34 PM UTC)
- Yahoo (secondary, retrieved Nov 2, 2026, 07:34 PM UTC)
- Finnhub (market-data, retrieved Nov 2, 2026, 07:34 PM UTC)
- U.S. Treasury and Federal Reserve Board via FRED (primary, retrieved Nov 2, 2026, 07:34 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Nov 2, 2026, 07:34 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Nov 2, 2026, 07:34 PM UTC)
- Bank of England (primary, retrieved Nov 2, 2026, 07:34 PM UTC)
- Federal Reserve (primary, retrieved Nov 2, 2026, 07:34 PM UTC)
- European Central Bank (euro reference rates) (primary, retrieved Nov 2, 2026, 07:34 PM UTC)
Market data as of Nov 2, 2026, 07:31 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
Brent and WTI ETFs down while gold and silver ETFs rise
Finnhub shows the BNO ETF fell 6.96% and the USO ETF fell 6.43% as of Nov 2, 20:01 UTC; GLD and SLV ETFs rose 1.61% and 2.51% from the prior close.
MarketAlleys Research Desk · · 3 min read
Meta seeks Democratic clout ahead of midterms, CNBC reports
CNBC reported Nov 2 that its "Squawk Box" team discussed Axios reporting that Meta is working to increase clout with Democrats ahead of the midterm elections.
MarketAlleys Research Desk · · 3 min read
Solana leads 24-hour crypto declines as bitcoin and ether slip
Solana fell most in the 24-hour window while bitcoin and ether eased; XRP was the only gainer, and trend measures are neutral across names.
MarketAlleys Research Desk · · 2 min read
Indices update: VIXY ETF leads moves as global index ETFs trade mixed
Finnhub prices at Nov 2, 19:31 UTC show the VIXY ETF led moves with a 1.58% drop while German and US large-cap ETFs recorded gains; upcoming macro releases include US JOLTS and the BoE decision.
MarketAlleys Research Desk · · 3 min read