MarketAlleys Daily Brief, Friday, October 23, 2026: SPY ETF fell 1.18% from the prior close

Global market snapshot

Prices are as of Oct 22, 20:00 UTC for equities and commodities, with moves quoted from the prior close; crypto moves are over 24 hours as of Oct 23, 05:45 UTC. The SPY ETF was $763.96 and fell 1.18% from the prior close while the QQQ ETF was $704.47 and fell 2.86% from the prior close; breadth tracked 32 names with 7 up, 24 down and 1 unchanged. Bitcoin was $81,699.00 and fell 1.24% over 24 hours; Ether was $2,402.35 and fell 1.38% over 24 hours.

US equities: prior close

Prices are as of Oct 22, 20:00 UTC and moves are from the prior close. The SPY ETF was $763.96 and fell 1.18% from the prior close; the QQQ ETF was $704.47 and fell 2.86% from the prior close. The DIA ETF was $527.89 and was little changed from the prior close, while the IWM ETF was $276.67 and rose 0.07% from the prior close. Notable large-cap names include NVIDIA at $212.21 (fell 4.40%) and Meta Platforms at $648.85 (fell 6.98%).

Europe and Asia

Prices are as of Oct 22, 20:00 UTC and moves are from the prior close. The EWG ETF was $41.35 and fell 0.84% from the prior close for DAX exposure; the EWU ETF was $47.84 and rose 0.31% from the prior close for FTSE 100 exposure; the EWJ ETF was $94.60 and fell 1.17% from the prior close for Nikkei 225 exposure.

Crypto

Moves are over 24 hours and prices are as of Oct 23, 05:45 UTC. Bitcoin was $81,699.00 and fell 1.24% over 24 hours. Ether was $2,402.35 and fell 1.38% over 24 hours. Solana was $104.35 and fell 0.60% over 24 hours, and XRP was $1.3300 and fell 1.29% over 24 hours.

FX, commodities and rates

FX reference rates are as of Oct 22, 14:00 UTC and moves are quoted from the prior ECB fixing; UUP ETF and commodities are as of Oct 22, 20:00 UTC and moves are from the prior close. EUR/USD was 1.1205 and fell 0.26% from the prior ECB fixing; USD/JPY was 157.05 and fell 0.53% from the prior ECB fixing; GBP/USD was 1.3376 and fell 0.19% from the prior ECB fixing. The UUP ETF was $28.90 and fell 0.07% from the prior close. On commodities, the GLD ETF was $369.00 and fell 2.63% from the prior close; the SLV ETF was $49.34 and fell 5.59% from the prior close; the USO ETF was $162.51 and rose 1.70% from the prior close. Treasury yields are reported with observation date Wed Oct 21: US 2-year Treasury yield 4.81% (+2 bp) and US 10-year Treasury yield 5.13% (+1 bp). The Fed broad trade-weighted dollar index was 121.40 with observation date Fri Oct 16 (stale).

Top catalysts ahead

University of Michigan consumer sentiment is scheduled for Fri Oct 23 (time not confirmed). AXP Q3 2026 earnings and SLB Q3 2026 earnings are scheduled before the open on Fri Oct 23 (AXP EPS estimate 4.53; SLB EPS estimate 0.62). A cluster of corporate reports including VZ (before the open) and NUE, OKE, HIG, PFG (after the close) are scheduled on Mon Oct 26.

• Fri Oct 23 (before the open) — AXP Q3 2026 earnings · EPS estimate 4.53
• Fri Oct 23 (time not confirmed) — University of Michigan consumer sentiment (US) (source)
• Mon Oct 26 (before the open) — VZ Q3 2026 earnings · EPS estimate 1.31
• Mon Oct 26 (after the close) — NUE Q3 2026 earnings · EPS estimate 5.98
• Mon Oct 26 (after the close) — OKE Q3 2026 earnings · EPS estimate 1.58

Three stories to watch

Bank of England published plans to simplify the Senior Manager and Certification Regime, according to Bank of England. SEC EDGAR posted Tesla's Form 10-Q quarterly report, according to SEC EDGAR. CoinDesk reported that Polymarket has reportedly fired its marketing chief, according to CoinDesk.

• Regulators unveil plans to simplify Senior Manager and Certification Regime — Bank of England, Oct 22, 20:00 UTC
• Tesla files Form 10-Q: quarterly report — SEC EDGAR, Oct 22, 04:12 UTC
• Polymarket has reportedly fired its marketing chief, also a close friend of the CEO — CoinDesk, Oct 23, 05:01 UTC

What matters next

The FOMC rate decision is scheduled for Wed Oct 28, 18:00 UTC. GDP (BEA) and Personal income and outlays / PCE are scheduled for Thu Oct 29 (times not confirmed), and the ECB monetary policy decision is scheduled for Thu Oct 29, 13:15 UTC; these events are listed in the coming calendar.

• Next central-bank decision: Wed Oct 28, 18:00 UTC — FOMC rate decision (US) (source)
• Next high-impact data: Thu Oct 29 (time not confirmed) — GDP (BEA) (US) (source)
• Next major earnings: Fri Oct 23 (before the open) — AXP Q3 2026 earnings · EPS estimate 4.53

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
• Federal Reserve (primary source) — calendar
• Bank of England (primary source) — calendar
• U.S. Bureau of Labor Statistics (primary source) — calendar
• SEC EDGAR (primary source) — Tesla files Form 10-Q: quarterly report
• CoinDesk (secondary source) — Polymarket has reportedly fired its marketing chief, also a close friend of the CEO

Market data as of Oct 23, 05:45 UTC; report generated Oct 23, 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.