SPY ETF down 4.41% at Nov 5, 21:00 UTC as oil, gold and dollar make smaller moves

Where prices stand

As of Nov 5, 21:00 UTC, the SPY ETF, which tracks the S&P 500, fell 4.41% from the prior close to $733.00. The USO ETF, which tracks WTI Crude Oil, rose 1.93% from the prior close to $148.21. The GLD ETF, which tracks Gold, rose 0.81% from the prior close to $375.51. The UUP ETF, which tracks the US Dollar Index, rose 0.07% from the prior close to $28.92.

Trend check

WTI Crude Oil is neutral with RSI(14) at 47.3; its close is 99.64, the 50-day SMA is 98.25 and the longer SMA is 88.71. RSI and moving-average data were unavailable for the SPY ETF, the UUP ETF and the GLD ETF.

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 4, 22:41 UTC); it is not a recommendation.

In the news

The U.S. Commodity Futures Trading Commission issued 'CFTC Staff Addresses Use of Trust Companies for Daily Settlements'. Reuters reported 'Bank of England raises rates for first time since 2023, warns more likely' and also reported 'Midterms upended Congress but Trump still commands foreign policy'. Cointelegraph reported 'Fed, OCC check US banks after Binance hack as experts flag security risks'.

• CFTC Staff Addresses Use of Trust Companies for Daily Settlements — U.S. Commodity Futures Trading Commission, Nov 5, 18:13 UTC
• Bank of England raises rates for first time since 2023, warns more likely — Reuters, Nov 5, 17:11 UTC
• Midterms upended Congress but Trump still commands foreign policy — Reuters, Nov 5, 18:52 UTC
• Fed, OCC check US banks after Binance hack as experts flag security risks — Cointelegraph, Nov 5, 18:32 UTC

What to watch

The Employment Situation is scheduled for Fri Nov 6, 13:30 UTC; it is a high-importance macro release for the US, classified as 'macro' in the calendar and listed by the bls, with no consensus value shown in the listing.

• Fri Nov 6, 13:30 UTC — Employment Situation (US) (source)

Sources and data

• U.S. Commodity Futures Trading Commission (primary source) — CFTC Staff Addresses Use of Trust Companies for Daily Settlements
• Reuters (secondary source) — Bank of England raises rates for first time since 2023, warns more likely
• Cointelegraph (secondary source) — Fed, OCC check US banks after Binance hack as experts flag security risks
• Finnhub (market data) — 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
• European Central Bank (euro reference rates) (primary source) — calendar

Market data as of Nov 5, 21:00 UTC; report generated Nov 5, 21:10 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.