MarketAlleys Daily Brief, Monday October 12: SPY ETF rose 0.60% from the prior close

Global market snapshot

US ETF proxies were higher from the prior close as of Oct 9, 20:00 UTC: the SPY ETF, QQQ ETF, DIA ETF and IWM ETF rose 0.60%, 0.49%, 0.87% and 0.49%, respectively. European and Asian ETF proxies also rose from the prior close on the same timestamp. On a rolling 24-hour basis (as of Oct 12, 05:43 UTC), Bitcoin, Ether, Solana and XRP rose 1.04%, 2.08%, 2.87% and 1.26%, respectively.

US equities: prior close

US equities at the prior close (as of Oct 9, 20:00 UTC) showed the SPY ETF at $778.57, which rose 0.60% from the prior close; the QQQ ETF was $751.27, which rose 0.49% from the prior close. The DIA ETF was $516.11, which rose 0.87% from the prior close, and the IWM ETF was $278.94, which rose 0.49% from the prior close. Market breadth tracked 32 names: 26 up, 5 down and 1 unchanged.

Europe and Asia

European and Asian ETF proxies (as of Oct 9, 20:00 UTC) were higher from the prior close: the EWG ETF was $40.96 and rose 0.71% from the prior close, the EWU ETF was $46.52 and rose 0.63% from the prior close, and the EWJ ETF was $97.86 and rose 0.55% from the prior close.

Crypto

Crypto on a rolling 24-hour basis (as of Oct 12, 05:43 UTC) saw Bitcoin at $83,855.00, which rose 1.04% over 24 hours; Ether was $2,555.16, which rose 2.08% over 24 hours; Solana was $112.51, which rose 2.87% over 24 hours; and XRP was $1.4100, which rose 1.26% over 24 hours.

FX, commodities and rates

FX reference rates (as of Oct 9, 14:00 UTC) were quoted versus the prior ECB fixing: EUR/USD 1.1206 (rose 0.18%), USD/JPY 158.25 (was little changed), GBP/USD 1.3220 (rose 0.10%), USD/CHF 0.8311 (fell 0.32%) and AUD/USD 0.6981 (rose 0.54%). Commodity ETF proxies (as of Oct 9, 20:00 UTC) were higher from the prior close: the GLD ETF was $384.58 (rose 1.57%), the SLV ETF was $54.78 (rose 2.49%), the USO ETF was $148.20 (rose 0.42%), the BNO ETF was $63.99 (rose 0.55%), the UNG ETF was $11.01 (rose 1.85%) and the CPER ETF was $40.31 (rose 2.15%). Treasury yields were US 2-year 4.75% (daily change -2 bp) and US 10-year 5.22% (daily change -6 bp), both observed Thu Oct 8; the Fed broad trade-weighted dollar index was 121.38 with an observation date Fri Oct 2.

Top catalysts ahead

A heavy US earnings slate is scheduled this week: UNH, JPM, JNJ, C, WFC and GS are scheduled before the open on Tue Oct 13, and BAC and MS are scheduled before the open on Wed Oct 14. Key macro releases are scheduled too: the US Consumer Price Index is scheduled Wed Oct 14, 12:30 UTC, followed by retail sales and weekly jobless claims on Thu Oct 15.

• Tue Oct 13 (before the open) — UNH Q3 2026 earnings · EPS estimate 4.19
• Tue Oct 13 (before the open) — JPM Q3 2026 earnings · EPS estimate 5.92
• Tue Oct 13 (before the open) — JNJ Q3 2026 earnings · EPS estimate 2.59
• Tue Oct 13 (before the open) — C Q3 2026 earnings · EPS estimate 2.73
• Tue Oct 13 (before the open) — WFC Q3 2026 earnings · EPS estimate 1.88

Three stories to watch

Reuters published an article titled "Dollar steady near 18-month high as Mideast conflict, US inflation in focus" reporting the dollar near an 18-month high with the Mideast conflict and US inflation in focus. CoinDesk ran a market piece titled "Bitcoin shrugs off ETF outflows to trade above $84,000 as oil falls" describing Bitcoin trading above $84,000 amid ETF outflows and lower oil. CNBC posted "Here are the 6 big things we're watching in the stock market this week," noting earnings season ramps up and two main inflation reports are also out.

• Dollar steady near 18-month high as Mideast conflict, US inflation in focus — Reuters, Oct 12, 01:51 UTC
• Bitcoin shrugs off ETF outflows to trade above $84,000 as oil falls — CoinDesk, Oct 12, 04:49 UTC
• Here are the 6 big things we're watching in the stock market this week — CNBC, Oct 11, 19:46 UTC

What matters next

Attention will shift to early-week earnings with JNJ, UNH and WFC scheduled before the open on Tue Oct 13 and to the US Consumer Price Index, scheduled Wed Oct 14, 12:30 UTC. Later this month the FOMC rate decision is scheduled Wed Oct 28, 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: Tue Oct 13 (before the open) — UNH Q3 2026 earnings · EPS estimate 4.19

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. Bureau of Labor Statistics (primary source) — calendar
• U.S. Energy Information Administration via FRED (primary source) — calendar
• Federal Reserve (primary source) — calendar
• Bank of England (primary source) — calendar
• Reuters (secondary source) — Dollar steady near 18-month high as Mideast conflict, US inflation in focus
• CoinDesk (secondary source) — Bitcoin shrugs off ETF outflows to trade above $84,000 as oil falls
• CNBC (secondary source) — Here are the 6 big things we're watching in the stock market this week
• economictimes.indiatimes.com (secondary source) — US stocks in focus as bank earnings, inflation data set to test market rally

Market data as of Oct 12, 05:43 UTC; report generated Oct 12, 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.