Closing Tape, Wednesday October 28: Major US ETFs finished higher
Major US ETFs closed higher; the Federal Reserve issued an FOMC statement, per the Federal Reserve.
Index performance
The SPY ETF rose 0.34% from the prior close to $772.31, the QQQ ETF rose 0.60% from the prior close to $725.61, the DIA ETF rose 0.27% from the prior close to $524.68 and the IWM ETF rose 0.40% from the prior close to $281.29. These prices are as of Oct 28, 20:00 UTC; five-session changes ranged from +1.60% (IWM ETF) to -0.21% (DIA ETF).
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $772.31 | +0.34% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| Nasdaq 100 (via QQQ ETF) | $725.61 | +0.60% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| Dow Jones Industrial Average (via DIA ETF) | $524.68 | +0.27% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| Russell 2000 (via IWM ETF) | $281.29 | +0.40% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| CBOE Volatility Index (via VIXY ETF) | $17.02 | -2.13% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
Leaders and laggards
The strongest name in the table was Alphabet, with GOOGL rising 1.34% from the prior close to $324.89; the weakest listed name was Meta Platforms, with META falling 1.24% from the prior close to $612.49. No verified catalyst was found in the linked headlines for either move.
| Company | Last | Change | Linked source |
|---|---|---|---|
| Alphabet (GOOGL) | $324.89 | +1.34% | No verified catalyst in our sources |
| JPMorgan Chase (JPM) | $339.30 | +1.05% | No verified catalyst in our sources |
| Amazon (AMZN) | $254.60 | +0.59% | AMZN Q3 2026 earnings |
| Microsoft (MSFT) | $531.01 | -0.06% | Microsoft files Form 10-Q: quarterly report |
| Tesla (TSLA) | $404.22 | -0.80% | No verified catalyst in our sources |
| Apple (AAPL) | $343.83 | -0.94% | No verified catalyst in our sources |
| NVIDIA (NVDA) | $215.38 | -1.17% | No verified catalyst in our sources |
| Meta Platforms (META) | $612.49 | -1.24% | No verified catalyst in our sources |
Rates, dollar, oil, gold and crypto
The US 2-year Treasury yield was 4.70% (daily change +2 bp) and the US 10-year Treasury yield was 4.99% (daily change -1 bp), both with observation date Tue Oct 27. The Fed broad trade-weighted dollar index was 121.32 (observation date Fri Oct 23; series stale). The UUP ETF fell 0.21% from the prior close to $29.06; the GLD ETF rose 0.33% from the prior close to $373.51 and the USO ETF rose 1.64% from the prior close to $166.57 (all as of Oct 28, 20:00 UTC). Bitcoin rose 0.66% over 24 hours to $81,251.00 and Ether rose 0.66% over 24 hours to $2,358.51, both as of Oct 28, 21:00 UTC.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| US Dollar Index (via UUP ETF) | $29.06 | -0.21% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| EUR/USD | 1.1133 | -0.15% | vs prior fix | Oct 28, 15:00 UTC | European Central Bank (euro reference rates) |
| USD/JPY | 157.96 | +0.09% | vs prior fix | Oct 28, 15:00 UTC | European Central Bank (euro reference rates) |
| WTI Crude Oil (via USO ETF) | $166.57 | +1.64% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $70.14 | +0.67% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| Gold (via GLD ETF) | $373.51 | +0.33% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| Bitcoin | $81,251.00 | +0.66% | 24h | Oct 28, 21:00 UTC | CoinGecko |
| Ether | $2,358.51 | +0.66% | 24h | Oct 28, 21:00 UTC | CoinGecko |
| Series | Latest | Daily change | Observation date | Source |
|---|---|---|---|---|
| US 2-year Treasury yield | 4.70% | +2 bp | 2026-10-27 | U.S. Treasury via FRED |
| US 10-year Treasury yield | 4.99% | -1 bp | 2026-10-27 | U.S. Treasury via FRED |
| Fed broad trade-weighted dollar index | 121.32 | -0.03% | 2026-10-23 (stale) | Federal Reserve Board via FRED |
Scheduled for the next session
Twelve events are listed as upcoming. Key US items are scheduled for Thu Oct 29 — GDP (BEA) and Personal income and outlays / PCE (BEA) are scheduled (time not confirmed), and weekly jobless claims is scheduled. Several companies will report before the open on Thu Oct 29, including LLY (EPS estimate 6.61), CAT (7.16), MRK (2.10), EPD (0.75) and BMY (1.21). The ECB monetary policy decision is scheduled for Thu Oct 29 at 13:15 UTC; AMZN Q3 2026 earnings are scheduled after the close on Thu Oct 29 (EPS estimate 2.00).
- Thu Oct 29 (time not confirmed) — GDP (BEA) (US) (source)
- Thu Oct 29 (time not confirmed) — Personal income and outlays / PCE (BEA) (US) (source)
- Thu Oct 29 (before the open) — LLY Q3 2026 earnings · EPS estimate 6.61
- Thu Oct 29 (before the open) — CAT Q3 2026 earnings · EPS estimate 7.16
- Thu Oct 29 (before the open) — MRK Q3 2026 earnings · EPS estimate 2.10
- Thu Oct 29 (before the open) — EPD Q3 2026 earnings · EPS estimate 0.75
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
- Bank of England (primary source) — calendar
- U.S. Bureau of Labor Statistics (primary source) — calendar
- Federal Reserve (primary source) — calendar
- SEC EDGAR (primary source) — Microsoft files Form 10-Q: quarterly report
- U.S. Commodity Futures Trading Commission (primary source) — CFTC to Host Roundtable on 24/7 Trading
Market data as of Oct 28, 21:00 UTC; report generated Oct 28, 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.
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.
Federal Reserve (Fed)
The US central bank, with a dual mandate of maximum employment and stable prices.
FOMC
The Federal Reserve committee that sets US monetary policy.
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.
Sources & data
- Finnhub (market-data, retrieved Oct 28, 2026, 09:16 PM UTC)
- CoinGecko (market-data, retrieved Oct 28, 2026, 09:16 PM UTC)
- European Central Bank (euro reference rates) (primary, retrieved Oct 28, 2026, 09:16 PM UTC)
- U.S. Treasury and Federal Reserve Board via FRED (primary, retrieved Oct 28, 2026, 09:16 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Oct 28, 2026, 09:16 PM UTC)
- Bank of England (primary, retrieved Oct 28, 2026, 09:16 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Oct 28, 2026, 09:16 PM UTC)
- Federal Reserve (primary, retrieved Oct 28, 2026, 09:16 PM UTC)
- SEC EDGAR (primary, retrieved Oct 28, 2026, 09:16 PM UTC)
- U.S. Commodity Futures Trading Commission (primary, retrieved Oct 28, 2026, 09:16 PM UTC)
Market data as of Oct 28, 2026, 09:00 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.
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