MarketAlleys Daily Brief, Tuesday October 6: SPY ETF rose 0.67% from the prior close

Global market snapshot

US equity ETFs were mostly higher from the prior close: the SPY ETF (tracks S&P 500) rose 0.67% from the prior close to $774.83; the QQQ ETF (tracks Nasdaq 100) rose 0.88% from the prior close to $756.20; the DIA ETF (tracks Dow Jones Industrial Average) rose 0.20% from the prior close to $512.11 and the IWM ETF (tracks Russell 2000) rose 0.66% from the prior close to $283.38. Energy ETFs fell from the prior close: the USO ETF (tracks WTI Crude Oil) fell 2.29% to $143.99 and the BNO ETF (tracks Brent Crude) fell 2.61% to $61.45. Crypto was mixed over 24 hours: Bitcoin rose 0.40% to $86,241.00 and Ether rose 0.13% to $2,714.47.

US equities: prior close

US equities at the prior close showed gains for major ETFs and selected megacaps. The SPY ETF (tracks S&P 500) rose 0.67% from the prior close to $774.83; the QQQ ETF (tracks Nasdaq 100) rose 0.88% from the prior close to $756.20. NVIDIA rose 2.12% from the prior close to $238.90, Microsoft rose 1.48% to $525.18 and Tesla rose 2.20% to $378.73; Apple fell 0.24% from the prior close to $332.89 and Amazon was little changed from the prior close at $251.40.

Europe and Asia

European and Asian ETFs were mixed from the prior close. The EWG ETF (tracks DAX 40) fell 0.12% from the prior close to $41.25; the EWU ETF (tracks FTSE 100) was little changed from the prior close at $46.19. The EWJ ETF (tracks Nikkei 225) rose 0.38% from the prior close to $99.30.

Crypto

Crypto moves are reported over 24 hours. Bitcoin rose 0.40% over 24 hours to $86,241.00 and Ether rose 0.13% over 24 hours to $2,714.47 (as of Oct 6, 12:44 UTC). Solana fell 0.11% over 24 hours to $120.36 and XRP rose 0.15% over 24 hours to $1.5100.

FX, commodities and rates

FX reference rates are shown as of Oct 5, 14:00 UTC (ECB reference): EUR/USD fell 0.19% from the prior ECB fixing to 1.1204, USD/JPY rose 0.35% from the prior ECB fixing to 158.23, GBP/USD rose 0.18% from the prior ECB fixing to 1.3225 and USD/CHF rose 0.53% from the prior ECB fixing to 0.8310. The UUP ETF (tracks US Dollar Index) rose 0.35% from the prior close to $28.99 (as of Oct 5, 20:00 UTC). Commodity ETFs from the prior close included the GLD ETF (tracks Gold) which fell 0.16% to $379.55, the SLV ETF (tracks Silver) which rose 0.71% to $55.13, the UNG ETF (tracks Natural Gas) which rose 0.76% to $10.55 and the CPER ETF (tracks Copper) which rose 0.86% to $39.86. Treasury yields are shown with observation date Fri Oct 2: the US 2-year Treasury yield was 4.83% and the US 10-year Treasury yield was 5.28%.

Top catalysts ahead

Key scheduled items for the coming days are due to arrive in the US calendar. On Tue Oct 6 (time not confirmed) the International trade balance (BEA/Census) is scheduled; on Tue Oct 6 (after the close) STZ Q2 2027 earnings is scheduled (EPS estimate 3.60), WS Q1 2027 earnings is scheduled (EPS estimate 0.70) and PENG Q4 2026 earnings is scheduled (EPS estimate 0.78). Additional earnings and macro items are listed through Friday.

• Tue Oct 6 (time not confirmed) — International trade balance (BEA/Census) (US) (source)
• Tue Oct 6 (after the close) — STZ Q2 2027 earnings · EPS estimate 3.60
• 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)
• Fri Oct 9 (before the open) — DAL Q3 2026 earnings · EPS estimate 1.99

Three stories to watch

The European Central Bank published an item titled "Philip R. Lane: Diagnostic Challenges for ECB Monetary Policy," attributed to the European Central Bank. The U.S. Commodity Futures Trading Commission issued an item titled "CFTC Seeks Public Comment on Advanced Notice of Proposed Rulemaking Relating to Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets," attributed to the U.S. Commodity Futures Trading Commission. The U.S. Commodity Futures Trading Commission issued an item titled "CFTC Issues No-Action Letter for DCMs Regarding Converting Existing Perpetual-Style Broad-Based Security Index Futures into True Perpetual Futures," attributed to the U.S. Commodity Futures Trading Commission.

• Philip R. Lane: Diagnostic Challenges for ECB Monetary Policy — European Central Bank, Oct 5, 08:00 UTC
• CFTC Seeks Public Comment on Advanced Notice of Proposed Rulemaking Relating to Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets — U.S. Commodity Futures Trading Commission, Oct 5, 15:40 UTC
• CFTC Issues No-Action Letter for DCMs Regarding Converting Existing Perpetual-Style Broad-Based Security Index Futures into True Perpetual Futures — U.S. Commodity Futures Trading Commission, Oct 5, 17:00 UTC

What matters next

Near-term events to watch on the schedule will include STZ Q2 2027 earnings (Tue Oct 6, after the close), PepsiCo (PEP) Q3 2026 earnings (Thu Oct 8, before the open, EPS estimate 2.32) and Delta Air Lines (DAL) Q3 2026 earnings (Fri Oct 9, before the open, EPS estimate 1.99). These items are listed among the next key events on the calendar.

• Next central-bank decision: Wed Oct 28, 18:00 UTC — FOMC rate decision (US) (source)
• Next high-impact data: Wed Oct 14, 12:30 UTC — Consumer Price Index (US) (source)
• Next major earnings: Tue Oct 6 (after the close) — STZ Q2 2027 earnings · EPS estimate 3.60

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
• European Central Bank (primary source) — Philip R. Lane: Diagnostic Challenges for ECB Monetary Policy
• U.S. Commodity Futures Trading Commission (primary source) — CFTC Seeks Public Comment on Advanced Notice of Proposed Rulemaking Relating to Regulation Crypto Asset Transactions and Regulation Crypto A

Market data as of Oct 6, 12:44 UTC; report generated Oct 6, 12:58 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.