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Friday, October 30, 2026Closing data · 4:00 PM ET
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2026-09-01

Stocks Slide as Nasdaq Drops 1.27%, Breadth Weakens

Stock Heatmap
Size = market cap (square-root scaled within sectors) · Color = day's change · Click a sector name to zoom, a tile to open the stock
Zoom into Information TechnologyInformation TechnologyAAPL+2.6%NVDA-1.5%MSFT-1.2%AVGO-0.2%MU-2.6%AMD-2.4%PLTR-3.5%CSCO-0.7%ORCL-5.2%INTC-0.6%AMAT-3.6%PANW-5.2%LRCX-3.7%TXN-2.9%DELL-6.8%CRWD-6.9%IBM-1.1%ANET-3.3%KLAC-2.6%SHOP-5.1%ADI-2.1%APH+2.9%CRM+0.2%QCOM-2.3%MRVLSNDKACNSTXWDCNOW-3.4%GLW-2.1%FTNTADBEINTUCDNSSNPSDDOGMSILITEHPENXPITELMPWRMSTRKEYSADSKWDAYROPCIENGDDYITAKAMZoom into Communication ServicesCommunication ServicesGOOGL-1.3%GOOG-1.0%META+1.1%NFLX-0.3%DIS-1.2%VZ+0.6%TMUS+0.9%TCMCSAAPPLYVTTWONWSSKYDZoom into FinancialsFinancialsBRK.B-0.3%JPM-0.3%V-1.8%MA-1.4%BAC+0.1%MSGSWFCAXPCBLKZoom into IndustrialsIndustrialsSPCX-1.0%Zoom into Health CareHealth CareLLY+0.3%JNJ+2.0%ABBVMRKUNHTMOAMGNGILDABTPFEZoom into Consumer DiscretionaryConsumer DiscretionaryAMZN-1.9%TSLA-3.2%HD-2.5%MCDTJXLOWRCLHLTDASHCVNAGMROSTORLYZoom into Consumer StaplesConsumer StaplesWMT+1.0%COSTKOPGPMPEPZoom into EnergyEnergyXOM+2.2%CVXCOPZoom into UtilitiesUtilitiesZoom into Real EstateReal EstateZoom into MaterialsMaterials
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Market Summary

Market & SentimentUS equities closed lower, with the Nasdaq 100 down 1.27% and the Russell 2000 off 1.14%. Breadth was weak: only 151 advancers against 337 decliners, and just 45.9% of stocks above their 50-day average. New lows outpaced new highs 15 to 9, reflecting cautious sentiment.

Sectors & StocksAmong large caps, Howmet Aerospace rose 4.06% and CVS Health gained 3.93%, while Deere added 3.23%. On the downside, Cadence Design Systems fell 7.6%, Interactive Brokers lost 7.09%, and CrowdStrike dropped 6.9%. Dell and Synopsys also declined over 5.6%.

Rates, FX & CryptoTreasury yields edged higher, with the 10-year up 4 basis points to 4.79% and the 2-year up 5 basis points to 4.39%. The 2s10s spread stood at 40 basis points. The dollar was little changed: USD/CNY rose 0.04%, EUR/USD slipped 0.05%, and USD/SGD added 0.06%.

Earnings & AnnouncementsMedtronic reported Q1 revenue of $9.76 billion and raised full-year guidance. Palo Alto Networks posted fiscal 2026 revenue of $11.48 billion but swung to a Q4 loss. Apple announced CEO transition: Ternus to succeed Cook, who becomes executive chairman. Keurig Dr Pepper exited its Chobani stake for $800 million and sold assets. Moderna completed a $3 billion convertible bond offering. News Corp disclosed progress on its $1 billion buyback. ResMed signed a $450 million accelerated repurchase with Citi. Capital One redeemed its Series M preferred stock. Caterpillar entered a $3.5 billion 364-day revolving credit facility.

What to Watch Next Trading Day
  • No major earnings or data scheduled; monitor breadth and yields.
  • Watch for follow-through in tech after Nasdaq decline.
  • Keep an eye on Apple management transition impact.
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