Oct 21 market update: SPY ETF higher, USO ETF lower at 18:00 UTC

Where prices stand

Where prices stand as of Oct 21, 18:00 UTC: from the prior close the USO ETF (tracks WTI Crude Oil; its price is NOT the WTI Crude Oil level) fell 1.31% to $158.51 and the SPY ETF (tracks S&P 500; its price is NOT the S&P 500 level) rose 0.63% to $773.86; the GLD ETF (tracks Gold; its price is NOT the Gold level) rose 0.40% to $379.16. The UUP ETF (tracks US Dollar Index; its price is NOT the US Dollar Index level) rose 0.07% to $28.92 as of Oct 21, 17:51 UTC.

Trend check

WTI Crude Oil is signalled bullish with RSI(14) at 58.5; its last close is 101.91, above the 50-day SMA of 92.59 and the longer SMA of 85.49.

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 20, 22:40 UTC); it is not a recommendation.

In the news

Reuters reported “UK's FTSE 100 ticks higher on energy boost; hot inflation report limits gains” and Reuters reported “Israel's election may change its leader, but not Iran war policy.” CoinDesk reported “Trump to throw spotlight on overseas crypto abuses at White House event.” Cointelegraph reported “Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform.”

• UK's FTSE 100 ticks higher on energy boost; hot inflation report limits gains — Reuters, Oct 21, 16:28 UTC
• Trump to throw spotlight on overseas crypto abuses at White House event — CoinDesk, Oct 21, 16:23 UTC
• Israel's election may change its leader, but not Iran war policy — Reuters, Oct 21, 13:23 UTC
• Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform — Cointelegraph, Oct 21, 17:10 UTC

What to watch

The Weekly jobless claims (DOL) is scheduled Thu Oct 22 (time not confirmed), and the University of Michigan consumer sentiment is scheduled Fri Oct 23 (time not confirmed).

• Thu Oct 22 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
• Fri Oct 23 (time not confirmed) — University of Michigan consumer sentiment (US) (source)

Sources and data

• Reuters (secondary source) — UK's FTSE 100 ticks higher on energy boost; hot inflation report limits gains
• CoinDesk (secondary source) — Trump to throw spotlight on overseas crypto abuses at White House event
• Cointelegraph (secondary source) — Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform
• Finnhub (market data) — market data
• U.S. Energy Information Administration via FRED (primary source) — calendar
• Federal Reserve (primary source) — calendar
• European Central Bank (euro reference rates) (primary source) — calendar
• Bank of England (primary source) — calendar
• U.S. Bureau of Labor Statistics (primary source) — calendar

Market data as of Oct 21, 18:00 UTC; report generated Oct 21, 18:10 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.