MarketAlleys Daily Brief, Thursday October 8: ETFs and crypto mostly lower

Global market snapshot

US ETF proxies were lower at the prior close: the SPY ETF was $777.22 and fell 0.24% from the prior close, the QQQ ETF was $757.73 and fell 0.25% from the prior close, the DIA ETF was $511.02 and fell 0.69% from the prior close and the IWM ETF was $277.70 and fell 1.29% from the prior close (prices as of Oct 7, 20:00 UTC). The VIXY ETF was $16.19 and rose 0.56% from the prior close. On a 24-hour basis, Bitcoin was $82,886.00 and fell 1.57% while Ether was $2,570.26 and fell 1.79% (as of Oct 8, 05:43 UTC).

US equities: prior close

US equities are shown at the prior close and prices are as of Oct 7, 20:00 UTC. The SPY ETF was $777.22 and fell 0.24% from the prior close, the QQQ ETF was $757.73 and fell 0.25% from the prior close, the DIA ETF was $511.02 and fell 0.69% from the prior close and the IWM ETF was $277.70 and fell 1.29% from the prior close. Market breadth tracked 32 stocks, with 9 up, 22 down and 1 unchanged.

Europe and Asia

European and Asian ETF proxies were lower at the prior close (as of Oct 7, 20:00 UTC). The EWG ETF was $40.91 and fell 1.40% from the prior close, the EWU ETF was $45.93 and fell 0.95% from the prior close, and the EWJ ETF was $98.32 and fell 1.01% from the prior close.

Crypto

Crypto prices are shown on a rolling 24-hour basis (as of Oct 8, 05:43 UTC). Bitcoin was $82,886.00 and fell 1.57% over 24 hours, Ether was $2,570.26 and fell 1.79% over 24 hours, Solana was $115.40 and fell 2.75% over 24 hours, and XRP was $1.4100 and fell 4.34% over 24 hours.

FX, commodities and rates

FX reference rates are shown from the prior ECB fixing and are as of Oct 7, 14:00 UTC: EUR/USD was 1.1177 and fell 0.82% from the prior ECB fixing, USD/JPY was 158.23 and rose 0.09% from the prior ECB fixing, GBP/USD was 1.3205 and fell 0.54% from the prior ECB fixing, USD/CHF was 0.8329 and rose 0.28% from the prior ECB fixing and AUD/USD was 0.6951 and fell 0.44% from the prior ECB fixing. Commodity ETF prices are as of Oct 7, 20:00 UTC: the UUP ETF was $29.04 and rose 0.48% from the prior close, the GLD ETF was $375.88 and fell 1.67% from the prior close, the SLV ETF was $53.82 and fell 2.94% from the prior close, the USO ETF was $143.91 and fell 0.69% from the prior close, the BNO ETF was $61.90 and was little changed from the prior close, the UNG ETF was $11.03 and rose 2.70% from the prior close, and the CPER ETF was $39.81 and fell 0.55% from the prior close. Treasury yields were observed on Tue Oct 6: the US 2-year Treasury yield was 4.79% (daily change -5 bp) and the US 10-year Treasury yield was 5.27% (daily change -4 bp).

Top catalysts ahead

Key scheduled items this edition include weekly US jobless claims due Thu Oct 8 (time not confirmed), PepsiCo Q3 2026 earnings due Thu Oct 8 (before the open), HELE Q2 2027 earnings and TLRY Q1 2027 earnings due Thu Oct 8 (before the open), and Delta Air Lines Q3 2026 earnings due Fri Oct 9 (before the open). These events are listed in the upcoming events calendar for this week.

• 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
• Fri Oct 9 (before the open) — DAL Q3 2026 earnings · EPS estimate 1.99

Three stories to watch

Bank of England published an announcement naming the Atlantic puffin, barn owl, buff-tailed bumblebee and European hedgehog as the central images on its next series of banknotes (Bank of England). The Federal Reserve released the Minutes of the Federal Open Market Committee, September 15-16, 2026 (Federal Reserve). The Bank of England published the Minutes of the London FXJSC Legal Sub Committee Meeting – 16 June 2026 (Bank of England).

• Bank of England announces the four animals that will feature on our next series of banknotes — Bank of England, Oct 7, 23:01 UTC
• Minutes of the Federal Open Market Committee, September 15-16, 2026 — Federal Reserve, Oct 7, 18:00 UTC
• Minutes of the London FXJSC Legal Sub Committee Meeting – 16 June 2026 — Bank of England, Oct 7, 13:36 UTC

What matters next

PEP Q3 2026 earnings are due Thu Oct 8 (before the open) and DAL Q3 2026 earnings are due Fri Oct 9 (before the open). Looking further ahead, JPM Q3 2026 earnings are due Tue Oct 13 (before the open), the US Consumer Price Index is scheduled Wed Oct 14 at 12:30 UTC, and the FOMC rate decision is scheduled Wed Oct 28 at 18:00 UTC.

• 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: Thu Oct 8 (before the open) — PEP Q3 2026 earnings · EPS estimate 2.32

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) — Results of the September 2026 survey on credit terms and conditions in euro-denominated securities financing and OTC derivatives markets (SE

Market data as of Oct 8, 05:43 UTC; report generated Oct 8, 06:00 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.