MarketAlleys Daily Brief, Monday November 2, 2026: QQQ ETF fell 3.47% from the prior close
US large-cap ETFs fell at the prior close while Bitcoin and Ether rose over 24 hours; FX and commodities showed mixed moves ahead of a busy US earnings week and a Bank of England decision.
Global market snapshot
Most equity ETFs were lower measured from the prior close: the SPY ETF fell 1.77% to $755.72, the QQQ ETF fell 3.47% to $690.49, the DIA ETF fell 1.07% to $517.13 and the IWM ETF fell 1.65% to $279.33. Volatility was higher at the prior close as the VIXY ETF rose 10.50% to $18.41. Crypto moved on a 24-hour basis: Bitcoin rose 0.82% to $78,355.00 and Ether rose 1.30% to $2,293.65, while Solana fell 0.51% and XRP rose 0.14% over 24 hours.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $755.72 | -1.77% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Nasdaq 100 (via QQQ ETF) | $690.49 | -3.47% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| DAX 40 (via EWG ETF) | $41.88 | -1.25% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| FTSE 100 (via EWU ETF) | $47.83 | +0.27% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Nikkei 225 (via EWJ ETF) | $92.91 | -2.14% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Bitcoin | $78,355.00 | +0.82% | 24h | Nov 2, 05:45 UTC | CoinGecko |
| Ether | $2,293.65 | +1.30% | 24h | Nov 2, 05:45 UTC | CoinGecko |
| EUR/USD | 1.1172 | +0.38% | vs prior fix | Oct 30, 15:00 UTC | European Central Bank (euro reference rates) |
| USD/JPY | 157.25 | -0.51% | vs prior fix | Oct 30, 15:00 UTC | European Central Bank (euro reference rates) |
| Gold (via GLD ETF) | $355.78 | -3.47% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $168.83 | +0.38% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $71.39 | +0.89% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
US equities: prior close
All US index and stock moves below are measured from the prior close. The SPY ETF fell 1.77% to $755.72 and the QQQ ETF fell 3.47% to $690.49; the DIA ETF fell 1.07% to $517.13 and the IWM ETF fell 1.65% to $279.33. Among large caps, NVIDIA fell 4.22% to $204.64, Apple fell 1.23% to $344.63, Microsoft fell 1.55% to $521.91, Amazon fell 1.41% to $240.35, Alphabet fell 1.40% to $279.84, Meta Platforms fell 1.53% to $614.99, Tesla fell 0.87% to $399.81 and JPMorgan Chase fell 1.90% to $337.04.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $755.72 | -1.77% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Nasdaq 100 (via QQQ ETF) | $690.49 | -3.47% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Dow Jones Industrial Average (via DIA ETF) | $517.13 | -1.07% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Russell 2000 (via IWM ETF) | $279.33 | -1.65% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| CBOE Volatility Index (via VIXY ETF) | $18.41 | +10.50% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
Europe and Asia
All European and Asian ETF moves below are measured from the prior close. The EWG ETF (tracks DAX 40) fell 1.25% to $41.88, the EWU ETF (tracks FTSE 100) rose 0.27% to $47.83, and the EWJ ETF (tracks Nikkei 225) fell 2.14% to $92.91 as of Oct 30, 20:00 UTC. The DAX proxy showed a positive five-session change while the Nikkei proxy had a negative five-session change in the same period.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| DAX 40 (via EWG ETF) | $41.88 | -1.25% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| FTSE 100 (via EWU ETF) | $47.83 | +0.27% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Nikkei 225 (via EWJ ETF) | $92.91 | -2.14% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
Crypto
All crypto moves are reported on a rolling 24-hour basis as of Nov 2, 05:45 UTC. Bitcoin rose 0.82% over 24 hours to $78,355.00 and Ether rose 1.30% over 24 hours to $2,293.65; Solana fell 0.51% over 24 hours to $94.98 and XRP rose 0.14% over 24 hours to $1.2500. Five-session changes show recent softening for major tokens, with Bitcoin and Ether down over that span.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $78,355.00 | +0.82% | 24h | Nov 2, 05:45 UTC | CoinGecko |
| Ether | $2,293.65 | +1.30% | 24h | Nov 2, 05:45 UTC | CoinGecko |
| Solana | $94.98 | -0.51% | 24h | Nov 2, 05:45 UTC | CoinGecko |
| XRP | $1.2500 | +0.14% | 24h | Nov 2, 05:45 UTC | CoinGecko |
FX, commodities and rates
FX reference rates are reported from the prior ECB fixing as of Oct 30, 15:00 UTC; commodity ETF prices are from the prior close as of Oct 30, 20:00 UTC; Treasury yields are observed on Thu Oct 29. EUR/USD rose 0.38% from the prior ECB fixing to 1.1172, USD/JPY fell 0.51% to 157.25, GBP/USD rose 0.62% to 1.3399, USD/CHF fell 0.68% to 0.8230 and AUD/USD was little changed at 0.7025 from the prior ECB fixing. The GLD ETF fell 3.47% to $355.78, the SLV ETF fell 5.67% to $44.60, the USO ETF rose 0.38% to $168.83 and the BNO ETF rose 0.89% to $71.39. US 2-year Treasury yield was 4.61% (daily change -6 bp) and US 10-year Treasury yield was 4.98% (daily change -7 bp) on Thu Oct 29.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| EUR/USD | 1.1172 | +0.38% | vs prior fix | Oct 30, 15:00 UTC | European Central Bank (euro reference rates) |
| USD/JPY | 157.25 | -0.51% | vs prior fix | Oct 30, 15:00 UTC | European Central Bank (euro reference rates) |
| GBP/USD | 1.3399 | +0.62% | vs prior fix | Oct 30, 15:00 UTC | European Central Bank (euro reference rates) |
| USD/CHF | 0.8230 | -0.68% | vs prior fix | Oct 30, 15:00 UTC | European Central Bank (euro reference rates) |
| AUD/USD | 0.7025 | -0.01% | vs prior fix | Oct 30, 15:00 UTC | European Central Bank (euro reference rates) |
| US Dollar Index (via UUP ETF) | $29.00 | -0.14% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Gold (via GLD ETF) | $355.78 | -3.47% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Silver (via SLV ETF) | $44.60 | -5.67% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $168.83 | +0.38% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $71.39 | +0.89% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Natural Gas (via UNG ETF) | $9.0800 | -1.09% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Copper (via CPER ETF) | $38.99 | -1.86% | vs prior close | Oct 30, 20:00 UTC | Finnhub |
| Series | Latest | Daily change | Observation date | Source |
|---|---|---|---|---|
| US 2-year Treasury yield | 4.61% | -6 bp | 2026-10-29 | U.S. Treasury via FRED |
| US 10-year Treasury yield | 4.98% | -7 bp | 2026-10-29 | U.S. Treasury via FRED |
| Fed broad trade-weighted dollar index | 121.32 | -0.03% | 2026-10-23 (stale) | Federal Reserve Board via FRED |
Top catalysts ahead
Company earnings and key macro releases are scheduled across the week. AAPL Q4 2026 earnings are scheduled Mon Nov 2 after the close; MPC Q3 2026 earnings are scheduled Tue Nov 3 before the open; the Job Openings and Labor Turnover Survey is scheduled Tue Nov 3 at 15:00 UTC; several other US earnings including PAYP, CVS, COR and MCK are scheduled between Wed Nov 4 and Thu Nov 5, and the Bank of England rate decision and Monetary Policy Report is scheduled Thu Nov 5 at 12:00 UTC.
- Mon Nov 2 (after the close) — AAPL Q4 2026 earnings · EPS estimate 2.03
- Tue Nov 3 (before the open) — MPC Q3 2026 earnings · EPS estimate 24.72
- Wed Nov 4 (time not confirmed) — PAYP Q2 2026 earnings · EPS estimate 26.16
- Wed Nov 4 (before the open) — CVS Q3 2026 earnings · EPS estimate 1.67
- Wed Nov 4 (before the open) — COR Q4 2026 earnings · EPS estimate 4.63
Three stories to watch
Reuters published a news report on Nov 2 about Indian shares rising on Iran war talks and Reliance earnings beating expectations. CNBC published an article on Nov 1 examining how oil, AI and bond trades changed over the past month. Reuters published a Nov 1 report saying oil prices eased 3% on optimism for Qatari-led talks on ending the Iran war.
- Indian shares rise on Iran war talks, Reliance earnings beat — Reuters, Nov 2, 02:42 UTC
- Everything changed for the oil, AI and bond trades over the past month — cnbc.com, Nov 1, 15:58 UTC
- Oil prices ease 3% on optimism for Qatari-led talks on ending Iran war — Reuters, Nov 1, 23:13 UTC
What matters next
Earnings will remain in focus this week, with AAPL due after the close today and a stream of US reports including MPC, PAYP, CVS, COR and MCK scheduled through midweek. The Bank of England will deliver its rate decision and Monetary Policy Report on Thu Nov 5 at 12:00 UTC; the US Job Openings and Labor Turnover Survey is due Tue Nov 3 at 15:00 UTC, and those releases will be watched for fresh market signals.
- Next central-bank decision: Thu Nov 5, 12:00 UTC — Bank of England rate decision and Monetary Policy Report (GB) (source)
- Next high-impact data: Fri Nov 6, 13:30 UTC — Employment Situation (US) (source)
- Next major earnings: Mon Nov 2 (time not confirmed) — AES Q3 2026 earnings · EPS estimate 0.74
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
- Bank of England (primary source) — calendar
- Federal Reserve (primary source) — calendar
- Reuters (secondary source) — Indian shares rise on Iran war talks, Reliance earnings beat
- cnbc.com (secondary source) — Everything changed for the oil, AI and bond trades over the past month
- CoinDesk (secondary source) — The crypto reader's guide to the 2026 midterm election: State of Crypto
- CNBC (secondary source) — Here are 3 big things we're watching in the stock market in the week ahead
Market data as of Nov 2, 05:45 UTC; report generated Nov 2, 06:02 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.
Terms in this article
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Volatility
The size and speed of price changes, commonly measured as the annualised standard deviation of returns.
S&P 500
A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.
Gold (XAU)
A precious metal held as a store of value, a hedge against currency debasement and a safe haven, as well as used in jewellery and industry.
Sources & data
- Finnhub (market-data, retrieved Nov 2, 2026, 06:04 AM UTC)
- CoinGecko (market-data, retrieved Nov 2, 2026, 06:04 AM UTC)
- European Central Bank (euro reference rates) (primary, retrieved Nov 2, 2026, 06:04 AM UTC)
- U.S. Treasury and Federal Reserve Board via FRED (primary, retrieved Nov 2, 2026, 06:04 AM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Nov 2, 2026, 06:04 AM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Nov 2, 2026, 06:04 AM UTC)
- Bank of England (primary, retrieved Nov 2, 2026, 06:04 AM UTC)
- Federal Reserve (primary, retrieved Nov 2, 2026, 06:04 AM UTC)
- Reuters (secondary, retrieved Nov 2, 2026, 06:04 AM UTC)
- cnbc.com (secondary, retrieved Nov 2, 2026, 06:04 AM UTC)
- CoinDesk (secondary, retrieved Nov 2, 2026, 06:04 AM UTC)
- CNBC (secondary, retrieved Nov 2, 2026, 06:04 AM UTC)
Market data as of Nov 2, 2026, 05:45 AM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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