Closing Tape, Friday October 16, 2026: SPY ETF fell; oil ETFs rose

Index performance

US index proxies closed as of Oct 16, 20:00 UTC: the SPY ETF fell 1.11% from the prior close to $763.25; the QQQ ETF fell 2.50% from the prior close to $709.80; the DIA ETF fell 0.40% from the prior close to $519.10; and the IWM ETF fell 1.69% from the prior close to $270.44. European and Asia ETFs were mixed over the same timestamp.

Leaders and laggards

Across 32 tracked names, 11 advanced, 20 declined and 1 was unchanged. The largest advance was the VIXY ETF, which rose 8.11% from the prior close to $17.73. The largest decline was the UNG ETF, which fell 3.88% from the prior close to $10.66. No verified catalyst was found for either move in the linked headlines for this edition.

Rates, dollar, oil, gold and crypto

Rates: the US 2-year Treasury yield was 4.77% and the US 10-year Treasury yield was 5.10% with observation date Thu Oct 15; daily changes were -5 bp and -9 bp, respectively. FX: as of Oct 16, 14:00 UTC and reported versus the prior ECB fixing, EUR/USD was 1.1253 (rose 0.40%), USD/JPY was 158.02 (was little changed), and GBP/USD was 1.3335 (rose 0.67%). Commodities and dollar ETFs: as of Oct 16, 20:00 UTC the GLD ETF was $382.01 (fell 0.18%), the USO ETF was $161.76 (rose 2.83%) and the BNO ETF was $67.19 (rose 3.59%); the UUP ETF was $28.92 (fell 0.28% from the prior close). Crypto: as of Oct 16, 21:00 UTC Bitcoin was $81,732.13 (fell 0.39%), Ether was $2,416.62 (fell 1.45%), Solana was $104.14 (fell 1.37%) and XRP was $1.3053 (fell 2.43%).

Scheduled for the next session

Upcoming scheduled items are listed and will occur in future sessions. GE Q3 2026 earnings is scheduled Mon Oct 19 (before the open) with an EPS estimate of 2.06 (source: finnhub). FITB Q3 2026 earnings is scheduled Mon Oct 19 (before the open) with an EPS estimate of 0.97 (source: finnhub). CLF Q3 2026 earnings is scheduled Mon Oct 19 (before the open) with an EPS estimate of 0.19 (source: finnhub). The FOMC rate decision is scheduled Wed Oct 28, 18:00 UTC (source: federalreserve). GDP (BEA) is scheduled Thu Oct 29 (time not confirmed) and Personal income and outlays / PCE (BEA) are scheduled Thu Oct 29 (time not confirmed) (source: fred). The ECB monetary policy decision is scheduled Thu Oct 29, 13:15 UTC (source: ecb). The Bank of England rate decision and Monetary Policy Report is scheduled Thu Nov 5, 12:00 UTC (source: bankofengland). The US Employment Situation is scheduled Fri Nov 6, 13:30 UTC (source: bls).

Sources and data

• Finnhub (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
• Federal Reserve (primary source) — calendar
• U.S. Energy Information Administration via FRED (primary source) — calendar
• Bank of England (primary source) — calendar
• U.S. Bureau of Labor Statistics (primary source) — calendar
• Reuters (secondary source) — US solicits exchange of up to 17 million barrels of oil from strategic reserve
• CoinDesk (secondary source) — Big Tech's AI auditors will only see what they're shown
• CNBC (secondary source) — AI 'espionage' is a reality that companies need to be 'wary of,' Jay Clayton says
• Yahoo (secondary source) — Pfizer Just Declared Its 352nd Straight Quarterly Dividend. Is the 6% Yield Safe?

Market data as of Oct 16, 21:00 UTC; report generated Oct 16, 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.