US consumer sentiment near record low ahead of midterms
Reuters reported on Oct 23 that US consumer sentiment was near a record low as the country approaches the midterm elections; the story was also carried by economictimes.indiatimes.com.
What happened
What happened
Reuters reported on Oct 23, 14:20 UTC that US consumer sentiment was near a record low ahead of the midterm elections. The item is a Reuters news story focused on US consumer sentiment and the timing of the midterms. The same report was also carried by economictimes.indiatimes.com.
Politics & Macro market context
Politics & Macro market context
As of Oct 23, 20:00 UTC, the SPY ETF was $759.97 and fell 0.52% from the prior close; the UUP ETF was $28.96 and rose 0.21% from the prior close; the GLD ETF was $366.61 and fell 0.65% from the prior close; the USO ETF was $169.53 and rose 4.32% from the prior close. On Thu Oct 22, the US 2-year Treasury yield was 4.65% (dailyChange -16 bp) and the US 10-year Treasury yield was 4.96% (dailyChange -17 bp), according to U.S. Treasury via FRED.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $759.97 | -0.52% | vs prior close | Oct 23, 20:00 UTC | Finnhub |
| US Dollar Index (via UUP ETF) | $28.96 | +0.21% | vs prior close | Oct 23, 20:00 UTC | Finnhub |
| Gold (via GLD ETF) | $366.61 | -0.65% | vs prior close | Oct 23, 20:00 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $169.53 | +4.32% | vs prior close | Oct 23, 20:00 UTC | Finnhub |
Related coverage
Related coverage
economictimes.indiatimes.com published "Wall Street Week Ahead: Earnings flood, Fed meeting will test rickety AI market rally" (Oct 24, 03:37 UTC). economictimes.indiatimes.com also published "US Markets Today: Dow ends 600 pts lower as AI doubts persist ahead of Fed meet" (Oct 23, 20:23 UTC).
- US consumer sentiment near record low ahead of midterm elections — Reuters, Oct 23, 14:20 UTC (also reported by economictimes.indiatimes.com)
- Elon Musk Expands Government Spending Footprint Ahead Of Midterm Elections — Yahoo, Oct 23, 16:50 UTC
- Silver Prices Plummet to 11 - Month Low as Crude Oil Fuels Inflation Concerns , ETRetail — retail.economictimes.indiatimes.com, Oct 24, 08:30 UTC
- Wall Street Week Ahead: Earnings flood, Fed meeting will test rickety AI market rally — economictimes.indiatimes.com, Oct 24, 03:37 UTC (also reported by aol.com)
- US Markets Today: Dow ends 600 pts lower as AI doubts persist ahead of Fed meet — economictimes.indiatimes.com, Oct 23, 20:23 UTC
Sources and data
- Reuters (secondary source) — US consumer sentiment near record low ahead of midterm elections
- Yahoo (secondary source) — Elon Musk Expands Government Spending Footprint Ahead Of Midterm Elections
- retail.economictimes.indiatimes.com (secondary source) — Silver Prices Plummet to 11 - Month Low as Crude Oil Fuels Inflation Concerns , ETRetail
- economictimes.indiatimes.com (secondary source) — Wall Street Week Ahead: Earnings flood, Fed meeting will test rickety AI market rally
- Finnhub (market data) — market data
- U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
- Federal Reserve (primary source) — calendar
- U.S. Energy Information Administration via FRED (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 23, 20:00 UTC; report generated Oct 24, 09:40 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.
Treasury yield
The return investors earn on US government debt, which moves inversely to bond prices.
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.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
US Dollar Index (DXY)
An index of the US dollar's value against a basket of six currencies: the euro (the largest weight, about 58%), Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc.
Sources & data
- Reuters (secondary, retrieved Oct 24, 2026, 09:42 AM UTC)
- Yahoo (secondary, retrieved Oct 24, 2026, 09:42 AM UTC)
- retail.economictimes.indiatimes.com (secondary, retrieved Oct 24, 2026, 09:42 AM UTC)
- economictimes.indiatimes.com (secondary, retrieved Oct 24, 2026, 09:42 AM UTC)
- Finnhub (market-data, retrieved Oct 24, 2026, 09:42 AM UTC)
- U.S. Treasury and Federal Reserve Board via FRED (primary, retrieved Oct 24, 2026, 09:42 AM UTC)
- Federal Reserve (primary, retrieved Oct 24, 2026, 09:42 AM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Oct 24, 2026, 09:42 AM UTC)
- European Central Bank (euro reference rates) (primary, retrieved Oct 24, 2026, 09:42 AM UTC)
- Bank of England (primary, retrieved Oct 24, 2026, 09:42 AM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Oct 24, 2026, 09:42 AM UTC)
Market data as of Oct 23, 2026, 08:00 PM 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.
Was this useful?
Report an issue with this article
Related coverage
Crypto market update: XRP leads losses as coins fall at 10:00 UTC
XRP fell 3.14% over 24 hours while Solana, Ether and Bitcoin also declined, with CoinGecko prices reported as of Oct 24, 10:00 UTC.
MarketAlleys Research Desk · · 3 min read
Crypto market update: XRP leads declines as peers slip
As of Oct 24, 08:59 UTC, CoinGecko shows XRP fell 3.39% over 24 hours to $1.2800; Solana fell 2.57% to $101.85, Ether fell 1.52% to $2,367.36 and Bitcoin fell 1.26% to $80,642.00.
MarketAlleys Research Desk · · 2 min read
Crypto market update: XRP leads 24-hour losses at Oct 24, 08:00 UTC
XRP fell 2.90% over 24 hours to $1.2800 as of Oct 24, 07:59 UTC; Solana, bitcoin and ether also retreated, CoinGecko data show.
MarketAlleys Research Desk · · 2 min read
Crypto market update: XRP down most at $1.2900 (Oct 24, 07:00 UTC)
XRP led losses among major tokens at the Oct 24, 07:00 UTC snapshot; CoinGecko price and 24-hour moves are listed below.
MarketAlleys Research Desk · · 2 min read