SPY ETF fell 0.48%; five-session change -1.73%

Price action

The SPY ETF (tracks S&P 500; its price is NOT the S&P 500 level) was $752.10 and fell 0.48% from the prior close, per Finnhub; the quote is as of Nov 2, 21:00 UTC. Its five-session change is -1.73%, per Finnhub.

News flow

CNBC published an article on historical S&P 500 performance after midterm elections. Yahoo published a market note reporting that U.S. stocks rose on Monday with S&P 500 futures advancing. economictimes.indiatimes.com published a piece noting S&P 500 futures were higher a day before the midterm elections.

• Stock market after midterm elections: What S&P 500 history shows — CNBC, Nov 2, 15:41 UTC
• Stock Market Today: Dow Jones, S&P 500 Futures Rise Ahead of Apple, Palantir Earnings: RYAAY, USLM, INO in Focus — Yahoo, Nov 2, 13:15 UTC
• Why are US stock futures rising today? Dow Jones, S&P 500 and Nasdaq rebound, but will midterm elections hit Wall Street? Apple, Nvidia, Intel and AMD to watch — economictimes.indiatimes.com, Nov 2, 12:12 UTC
• Applied Materials (AMAT) Slides Despite EPS Surge and Higher Analyst Estimates — Yahoo, Nov 2, 14:36 UTC
• This Has Been the Best-Performing Stock in the "Magnificent Seven" This Year, and It's Not Even Close — Yahoo, Nov 2, 21:35 UTC

Across indices

All prices are as of Nov 2, 21:00 UTC and moves are from the prior close, per Finnhub. The QQQ ETF fell 1.36%, the DIA ETF rose 0.43%, the IWM ETF fell 0.07%, the EWG ETF rose 0.67%, the EWU ETF rose 0.42%, the EWJ ETF fell 0.08% and the VIXY ETF rose 0.11%.

What to watch

The Job Openings and Labor Turnover Survey (macro) is scheduled Tue Nov 3, 15:00 UTC, per bls. The International trade balance (BEA/Census) is scheduled Wed Nov 4 (time not confirmed), per fred. The Weekly jobless claims (DOL) is scheduled Thu Nov 5 (time not confirmed), per fred. The Bank of England rate decision and Monetary Policy Report is scheduled Thu Nov 5, 12:00 UTC, per bankofengland. Productivity and Costs is scheduled Thu Nov 5, 13:30 UTC, per bls.

• Tue Nov 3, 15:00 UTC — Job Openings and Labor Turnover Survey (US) (source)
• Wed Nov 4 (time not confirmed) — International trade balance (BEA/Census) (US) (source)
• Thu Nov 5 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
• Thu Nov 5, 12:00 UTC — Bank of England rate decision and Monetary Policy Report (GB) (source)
• Thu Nov 5, 13:30 UTC — Productivity and Costs (US) (source)

Sources and data

• CNBC (secondary source) — Stock market after midterm elections: What S&P 500 history shows
• Yahoo (secondary source) — Stock Market Today: Dow Jones, S&P 500 Futures Rise Ahead of Apple, Palantir Earnings: RYAAY, USLM, INO in Focus
• economictimes.indiatimes.com (secondary source) — Why are US stock futures rising today? Dow Jones, S&P 500 and Nasdaq rebound, but will midterm elections hit Wall Street? Apple, Nvidia, Int
• 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
• Bank of England (primary source) — calendar
• Federal Reserve (primary source) — calendar
• European Central Bank (euro reference rates) (primary source) — calendar

Market data as of Nov 2, 21:00 UTC; report generated Nov 3, 00:31 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.