Closing Tape, Wednesday October 7: SPY ETF fell 0.24% from the prior close

Index performance

US index ETFs closed lower across large caps and small caps. The SPY ETF, which tracks the S&P 500, fell 0.24% from the prior close to $777.22; the QQQ ETF, which tracks the Nasdaq 100, fell 0.25% from the prior close to $757.73; the DIA ETF, which tracks the Dow Jones Industrial Average, fell 0.69% from the prior close to $511.02; and the IWM ETF, which tracks the Russell 2000, fell 1.29% from the prior close to $277.70. All prices are as of Oct 7, 20:00 UTC (Finnhub).

Leaders and laggards

The strongest name in today's table was the UNG ETF, which tracks Natural Gas, which rose 2.70% from the prior close to $11.03 as of Oct 7, 20:00 UTC (Finnhub). The weakest name was XRP, which fell 5.37% over 24 hours to $1.4200 as of Oct 7, 20:57 UTC (CoinGecko). No verified catalyst for either move was found in the linked sources provided.

Rates, dollar, oil, gold and crypto

Key rates were reported with observation dates: the US 2-year Treasury yield was 4.79% (dailyChange -5 bp) and the US 10-year Treasury yield was 5.27% (dailyChange -4 bp), both observed Tue Oct 6 (U.S. Treasury via FRED). Major forex pairs were reported as of Oct 7, 14:00 UTC (European Central Bank): EUR/USD 1.1177 (fell 0.82% from the prior ECB fixing) and USD/JPY 158.23 (rose 0.09% from the prior ECB fixing). Commodities and ETFs as of Oct 7, 20:00 UTC (Finnhub) included the GLD ETF at $375.88 (fell 1.67% from the prior close) and the USO ETF at $143.91 (fell 0.69% from the prior close). Crypto prices as of Oct 7, 20:57 UTC (CoinGecko) showed Bitcoin at $83,395.00 (fell 2.58% over 24 hours) and Ether at $2,573.09 (fell 4.64% over 24 hours).

Scheduled for the next session

Four items are scheduled for the next session. Weekly jobless claims (DOL) is scheduled Thu Oct 8 (time not confirmed). PepsiCo (PEP) will report Q3 2026 earnings before the open on Thu Oct 8, with an EPS estimate of 2.32 (finnhub). Helen of Troy (HELE) is due Thu Oct 8 before the open with an EPS estimate of 0.52, and Tilray Brands (TLRY) will report Q1 2027 earnings before the open on Thu Oct 8 with an EPS estimate of -0.19 (finnhub).

• Thu Oct 8 (before the open) — PEP Q3 2026 earnings · EPS estimate 2.32
• Thu Oct 8 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
• Thu Oct 8 (before the open) — HELE Q2 2027 earnings · EPS estimate 0.52
• Thu Oct 8 (before the open) — TLRY Q1 2027 earnings · EPS estimate -0.19

Sources and data

• Finnhub (market data) — market data
• CoinGecko (market data) — market data
• European Central Bank (euro reference rates) (primary source) — 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
• U.S. Bureau of Labor Statistics (primary source) — calendar
• Federal Reserve (primary source) — calendar
• Bank of England (primary source) — calendar
• cnbc.com (secondary source) — Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023
• economictimes.indiatimes.com (secondary source) — Gold slides to two-month low as robust dollar, yields add pressure
• thestockmarketwatch.com (secondary source) — Market Retreats as Geopolitical Tensions and Interest Rate Concerns Weigh on Sentiment

Market data as of Oct 7, 20:57 UTC; report generated Oct 7, 21:15 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.