SPY ETF up as USO ETF falls at Oct 26, 20:00 UTC

Where prices stand

The USO ETF (tracks WTI Crude Oil) was $166.19 and fell 1.97% from the prior close, the largest move among tracked instruments. The SPY ETF (tracks S&P 500; its price is NOT the S&P 500 level) was $765.21 and rose 0.69% from the prior close. The GLD ETF (tracks Gold; its price is NOT the Gold level) was $367.82 and rose 0.33% from the prior close. The UUP ETF (tracks US Dollar Index; its price is NOT the US Dollar Index level) was $29.01 and rose 0.17% from the prior close. As of Oct 26, 20:00 UTC.

Trend check

The WTI Crude Oil trend signal is reported as bullish with RSI(14) 62.5; its close was 107.89, above the SMA50 94.53 and longSma 86.42. No other tracked instruments had trend signals reported.

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 25, 22:40 UTC); it is not a recommendation.

In the news

Forexlive reported "US Treasury sells $69 billion of 2-year notes at a high yield of 4.708%." Yahoo published a piece headlined "$8 Trillion in Big Tech Earnings, Fed Decision and Inflation Data: Bitcoin's Next Big Test?" Reuters ran a story headlined "Mindful of the markets, UK's Healey is set to deliver a careful budget," and Forexlive reported "US October Dallas Fed manufacturing index 13.4 vs 9.8 prior."

• US Treasury sells $69 billion of 2-year notes at a high yield of 4.708% — Forexlive, Oct 26, 17:05 UTC
• $8 Trillion in Big Tech Earnings, Fed Decision and Inflation Data: Bitcoin's Next Big Test? — Yahoo, Oct 26, 15:32 UTC
• Mindful of the markets, UK's Healey is set to deliver a careful budget — Reuters, Oct 26, 18:58 UTC
• US October Dallas Fed manufacturing index 13.4 vs 9.8 prior — Forexlive, Oct 26, 14:32 UTC

What to watch

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

• Tue Oct 27 (time not confirmed) — Housing starts and permits (Census) (US) (source)
• Wed Oct 28, 18:00 UTC — FOMC rate decision (US) (source)
• Thu Oct 29 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
• Thu Oct 29 (time not confirmed) — Personal income and outlays / PCE (BEA) (US) (source)
• Thu Oct 29 (time not confirmed) — GDP (BEA) (US) (source)
• Thu Oct 29, 13:15 UTC — ECB monetary policy decision (EU) (source)

Sources and data

• Forexlive (secondary source) — US Treasury sells $69 billion of 2-year notes at a high yield of 4.708%
• Yahoo (secondary source) — $8 Trillion in Big Tech Earnings, Fed Decision and Inflation Data: Bitcoin's Next Big Test?
• Reuters (secondary source) — Mindful of the markets, UK's Healey is set to deliver a careful budget
• Finnhub (market data) — 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
• 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 26, 20:00 UTC; report generated Oct 26, 20:10 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.