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2026-10-07

Stocks slip as yields stay high; health care leads, industrials lag

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 TechnologyNVDA-0.7%AAPL+0.9%MSFT+0.1%AVGO+0.2%MU+4.1%AMD-0.6%INTC+0.6%PLTR+1.1%CSCO-0.5%ORCL-0.8%AMAT-1.8%LRCX-1.3%DELL+0.9%PANW-3.4%CRWD-4.8%ANET+0.2%TXN-2.8%KLAC-0.3%MRVL-0.8%SNDK+1.9%SHOP+1.0%APH-1.2%IBM-0.3%ADI-2.5%CRM-0.2%QCOM-2.2%WDC-1.4%STX+0.2%NOWFTNTGLW-3.4%ACN+1.7%DDOG-2.5%LITE-2.0%SNPS-0.5%HPE+2.3%CDNSADBEINTUMSIMPWRKEYSMSTRCIENTELTERMCHPWDAYROPJBLZoom into Communication ServicesCommunication ServicesGOOGL+0.8%GOOG+0.8%META-2.4%NFLX+1.5%DIS+0.7%VZ-0.5%TMUS+1.0%TAPPCMCSALYVTTWOTKORDDTECHOFOXAFOXOMCNWSZoom into FinancialsFinancialsBRK.BJPMVMABACMSGSWFCCAXPZoom into IndustrialsIndustrialsSPCX-2.5%Zoom into Consumer DiscretionaryConsumer DiscretionaryAMZN+1.4%TSLA-0.8%HD-0.3%MCDTJXSBUXABNBMELIMARDASHZoom into Health CareHealth CareLLY+2.7%JNJ+1.4%ABBVMRKUNHTMOZoom into Consumer StaplesConsumer StaplesWMT+0.9%COSTKOZoom into EnergyEnergyXOM-0.3%CVXZoom into UtilitiesUtilitiesZoom into Real EstateReal EstateZoom into MaterialsMaterials
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Market Summary

Market & SentimentA risk-off session: decliners outnumbered advancers 359 to 136, only 29.4% of stocks held above their 50-day average, and new lows (21) outpaced new highs (9). Small caps bore the brunt, with the Russell 2000 down 1.29%, while the S&P 500 and Nasdaq 100 each slipped about a quarter of a percent and the Dow fell 0.69%. Long-dated Treasury yields near multi-decade highs and oil supply threats kept sentiment defensive.

Sectors & StocksHealth care was the clear bright spot, up 1.09%, helped by Pfizer's FDA approval of TUKYSA and positive Phase 3 vitiligo data for LITFULO; Moderna rose 4.81% and Eli Lilly 2.7%. Industrials were the worst sector, down 2.23%, as Caterpillar fell 5.75% and Deere slid after the FTC and USDA opened an inquiry into farm equipment. Materials dropped 1.49% and real estate 1.36%. CrowdStrike lost 4.81% despite positive news, and SLB fell 4.08% as energy slipped 0.47%.

Rates, FX & CryptoThe 30-year yield rose 3bp to 5.67% and the 10-year added 1bp to 5.28%, keeping long-end pressure on equities; the 2-year slipped 2bp to 4.77%, leaving the 2s10s spread at 51bp. The dollar firmed, with EUR/USD down 0.82% and USD/SGD up 0.26%, while USD/CNY was flat. Crypto extended losses: Bitcoin fell 2.7% to $83,240 and Ether dropped 4.66% to $2,572.

Earnings & AnnouncementsMicrosoft and Nvidia unveiled the Surface Laptop Ultra, an AI PC running Nvidia's RTX chip, intensifying competition with Intel's PC business. Chevron agreed to offload Hess Midstream and take a $3–4 billion hit while buying DJ Basin assets. Google secured 890 MW of nuclear power from Constellation Energy. Oracle disclosed a health data breach affecting nearly 20 million people. Tesla won a 50-truck Semi order from IMC Logistics. No FinDog view changes today.

What to Watch Next Trading Day
  • PepsiCo earnings before the open
  • Fed minutes for rate clues
  • Oil supply headlines from Middle East
  • Long-end Treasury yields and 30-year auction
Top News
  1. Samsung forecasts record quarterly profit on AI boom
    Samsung expects third-quarter operating profit to top 100 trillion won for the first time, signaling continued strength in AI-driven demand for chips and devices.
    CNBC10-07 22:58 UTC
  2. Vance says Iran must cut enrichment to end war
    Vice President Vance said Iran must reduce uranium enrichment to end the conflict, a stance that could prolong geopolitical tensions and keep oil supply risks elevated.
    Reuters10-06 22:40 UTC
  3. Oil rises as investors weigh supply threats
    Crude prices climbed as traders assessed potential supply disruptions from Middle East tensions, supporting energy prices but adding to inflation concerns.
    Reuters10-07 00:48 UTC
  4. IEA to accelerate oil reserve release
    The IEA said it will speed up the release of oil reserves, with 100 million barrels still to come, aiming to calm markets amid supply fears.
    Reuters10-07 19:28 UTC
  5. India joins global rate-tightening wave with first hike
    India raised rates for the first time in nearly four years, joining a global tightening trend that could pressure emerging-market assets and signal persistent inflation.
    Reuters10-07 04:33 UTC
  6. Microsoft unveils AI laptop powered by Nvidia chips
    Microsoft and Nvidia revealed the Surface Laptop Ultra, capable of running AI agents on-device, intensifying competition in the PC market and expanding AI hardware adoption.
    MSFTNVDAYahoo10-07 19:42 UTC
  7. Chevron offloads Hess Midstream, takes $3-4B hit
    Chevron is simplifying its portfolio by selling Hess Midstream and acquiring DJ Basin assets, a move that strengthens Bakken economics but results in a multi-billion-dollar charge.
    CVXYahoo10-07 18:25 UTC
  8. Google secures 890 MW nuclear power from Constellation
    Constellation will invest over $4.3 billion to upgrade 11 nuclear units, with first additional power expected in 2028, supporting Google's data center energy needs.
    GOOGLYahoo10-07 19:00 UTC
  9. Oracle health data breach exposes nearly 20 million
    Oracle reported a major cybersecurity breach in its healthcare unit affecting nearly 20 million people, exposing sensitive personal data and raising regulatory and reputational risks.
    ORCLYahoo10-07 19:12 UTC
  10. Tesla Semi lands 50-truck order from IMC
    IMC Logistics is adding 50 Tesla Semis to its California fleet, a vote of confidence for Tesla's electric truck program in port drayage and regional routes.
    TSLAYahoo10-07 18:05 UTC

Stories are selected and summarized by AI from the day's news coverage. Click a headline to read the original. Not investment advice.

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