MarketAlleys Daily Brief, Wednesday October 7, 2026: SPY ETF rose 0.55% from the prior close

Global market snapshot

US equity ETFs were mixed from the prior close: the SPY ETF was $779.09, the QQQ ETF was $759.66, the DIA ETF was $514.56 and the IWM ETF was $281.34 from the prior close. Major cryptocurrencies fell over 24 hours: Bitcoin was $84,209.00 and fell 1.58% over 24 hours, Ether was $2,616.73 and fell 3.09% over 24 hours.

US equities: prior close

US equities at the prior close showed gains for large-cap ETFs from the prior close: the SPY ETF was $779.09 (rose 0.55%), the QQQ ETF was $759.66 (rose 0.46%) and the DIA ETF was $514.56 (rose 0.48%), while the IWM ETF was $281.34 (fell 0.72%). Among large-cap stocks, NVIDIA was $239.24 (rose 0.14%), Microsoft was $529.30 (rose 0.78%) and Amazon was $256.29 (rose 1.95%).

Europe and Asia

European and Asian ETFs were modestly higher from the prior close: the EWG ETF (tracks DAX 40) was $41.49 and rose 0.58%, the EWU ETF (tracks FTSE 100) was $46.37 and rose 0.39%. The EWJ ETF (tracks Nikkei 225) was $99.32 and was little changed from the prior close.

Crypto

Cryptocurrencies moved lower on a rolling 24-hour basis: Bitcoin was $84,209.00 and fell 1.58% over 24 hours, Ether was $2,616.73 and fell 3.09% over 24 hours, Solana was $118.63 and fell 1.13% over 24 hours, and XRP was $1.4700 and fell 2.18% over 24 hours (prices as of Oct 7, 05:43 UTC).

FX, commodities and rates

FX reference rates were reported as of Oct 6, 14:00 UTC: EUR/USD was 1.1269 (rose 0.58% from the prior ECB fixing), USD/JPY was 158.09 (fell 0.09% from the prior ECB fixing), GBP/USD was 1.3276 (rose 0.39%), USD/CHF was 0.8305 (fell 0.06%) and AUD/USD was 0.6982 (rose 0.31%). Commodities and dollar proxies as of Oct 6, 20:00 UTC showed the UUP ETF (tracks US Dollar Index) at $28.90 (fell 0.31%), the GLD ETF at $382.27 (rose 0.72%), the SLV ETF at $55.45 (rose 0.58%), the USO ETF at $144.91 (rose 0.64%) and the BNO ETF at $61.93 (rose 0.78%). US Treasury yields (daily series) were: US 2-year Treasury yield 4.84% (daily change +1 bp) and US 10-year Treasury yield 5.31% (daily change +3 bp) with observation date Mon Oct 5; the Fed broad trade-weighted dollar index was 121.38 with observation date Fri Oct 2.

Top catalysts ahead

Upcoming scheduled items include corporate earnings and US macro reports. Notable entries are LEVI Q3 2026 earnings scheduled Wed Oct 7 (after the close), Weekly jobless claims (DOL) scheduled Thu Oct 8 (time not confirmed), and PEP Q3 2026 earnings scheduled Thu Oct 8 (before the open). Several other earnings are scheduled through Fri Oct 9.

• Wed Oct 7 (after the close) — LEVI Q3 2026 earnings · EPS estimate 0.36
• 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
• Fri Oct 9 (before the open) — DAL Q3 2026 earnings · EPS estimate 1.99

Three stories to watch

U.S. Securities and Exchange Commission press release seeking final judgment against former Western Asset Co-CIO Ken Leech. European Central Bank speech by Piero Cipollone titled “Money in the digital age: digital euro, tokenisation and the role of central banks.” U.S. Securities and Exchange Commission announcement to host a virtual national compliance outreach seminar for investment companies and investment advisers.

• SEC Seeks Final Judgment Against Former Western Asset Co-CIO Ken Leech in Cherry Picking Case — U.S. Securities and Exchange Commission, Oct 6, 20:30 UTC
• Piero Cipollone: Money in the digital age: digital euro, tokenisation and the role of central banks — European Central Bank, Oct 6, 13:00 UTC
• SEC to Host Virtual National Compliance Outreach Seminar for Investment Companies and Investment Advisers — U.S. Securities and Exchange Commission, Oct 6, 14:37 UTC

What matters next

The next high-impact corporate releases will be PEP Q3 2026 earnings, scheduled Thu Oct 8 (before the open), and DAL Q3 2026 earnings, scheduled Fri Oct 9 (before the open). Major macro dates ahead include GS Q3 2026 earnings on Tue Oct 13 (before the open) and the US Consumer Price Index on Wed Oct 14, 12:30 UTC; all are scheduled and will occur on the listed dates.

• 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: Wed Oct 7 (after the close) — LEVI Q3 2026 earnings · EPS estimate 0.36

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
• U.S. Securities and Exchange Commission (primary source) — SEC Seeks Final Judgment Against Former Western Asset Co-CIO Ken Leech in Cherry Picking Case
• European Central Bank (primary source) — Piero Cipollone: Money in the digital age: digital euro, tokenisation and the role of central banks
• cnbc.com (secondary source) — Chart: A look at the S&P 500's remarkable and defiant trip to a new record

Market data as of Oct 7, 05:43 UTC; report generated Oct 7, 06:01 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.