FinDogFinDog
Tuesday, November 3, 2026Closing data · 4:00 PM ET
English
Log in

Daily Wrap

Published after every US market close · Markets, news, rates and FX on one pageSubscribe
2026-11-03

Tech leads mixed session as yields rise and midterms loom

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-1.9%NVDA+2.3%MSFT+2.7%AVGO+3.1%MU+2.6%AMD+3.6%PLTR-1.6%CSCO+1.3%ORCL+5.8%INTC+1.0%AMAT+2.0%PANW-0.4%LRCX+1.4%TXN+3.5%DELL+4.0%CRWD+1.2%IBM-1.0%ANET+3.5%SHOP-8.7%ADI+1.7%KLAC+2.0%APH+5.5%CRM-1.8%QCOM+1.4%ACNSNDKMRVLWDCSTXNOW+3.0%GLW+2.4%ADBEINTUFTNTCDNSSNPSMSIDDOGHPENXPITELLITEMPWRMSTRADSKKEYSWDAYROPMCHPITGDDYAKAMZoom into Communication ServicesCommunication ServicesGOOGL+0.4%GOOG+0.1%META+2.4%NFLX+1.7%DIS+0.9%VZ+0.4%TMUS-3.6%T-0.2%CMCSAAPPLYVSKYDTTWOTKOECHOCHTRRDDTNWSANWSZoom into FinancialsFinancialsBRK.B+0.2%JPM-0.8%V-1.2%MA-1.7%BAC+0.2%MSGSWFCAXPCBLKZoom into IndustrialsIndustrialsSPCX+3.6%Zoom into Health CareHealth CareLLY-0.1%JNJ-1.6%ABBVMRKUNHTMOAMGNGILDABTPFEZoom into Consumer DiscretionaryConsumer DiscretionaryAMZN+2.1%TSLA-1.3%HD-2.2%MCDTJXSBUXBKNGMELIDASHHLTCVNAGMROSTORLYZoom into Consumer StaplesConsumer StaplesWMT-2.2%COSTKOPGPMPEPZoom into EnergyEnergyXOM-1.2%CVXCOPZoom into UtilitiesUtilitiesZoom into Real EstateReal EstateZoom into MaterialsMaterials
−4% 0 +4%
Market Summary

Market & SentimentA split tape: Nasdaq 100 rose 0.62% and the S&P 500 added 0.3%, while the Dow slipped 0.44% and the Russell 2000 gained 0.23%. Breadth was negative at 187 advancers to 311 decliners, though 64.5% of stocks sit above their 50-day average and 12 names hit 52-week highs against one low. Investors weighed midterm election risk and Middle East headlines.

Sectors & StocksIndustrials (+1.63%) and information technology (+1.3%) led, while materials (-1.91%) and staples (-1.76%) lagged. Eaton jumped 7% after Q3 revenue rose 28%, and GE Vernova and Quanta gained with the power theme. AppLovin rose 7.28% ahead of Wednesday's report. Shopify fell 8.74% on mixed Q3 with soft gross merchandise sales; Vertex dropped 4.05% on light pain-drug sales.

Rates, FX & CryptoTreasury yields rose across the curve, with the 10-year up 4bp to 4.95% and the 2-year up 2bp to 4.61%, leaving the 2s10s spread at 34bp. The dollar firmed on Middle East and midterm caution: USD/CNY rose 0.36%, a weaker yuan, and EUR/USD fell 0.33%. Bitcoin gained 0.9% to about $77,375 and ether rose 1.07%.

Earnings & AnnouncementsMarathon Petroleum's quarterly profit surged fivefold on refining margins and it agreed to sell a $4.2 billion refinery to CVR Energy. Pfizer raised full-year guidance and named Cecile Guegan permanent CFO. Leidos beat EPS but organic growth was just 0.6%. FinDog moved Alphabet, Adobe, AES, Broadridge, C.H. Robinson, Centene and CMS Energy from Neutral to Bullish, and cut Bank of America, Boeing and Booking to Neutral.

What to Watch Next Trading Day
  • AppLovin, DoorDash, CVS and Albemarle report earnings
  • Midterm election results and any Iran escalation headlines
  • 10-year yield near 4.95% and dollar direction
  • More Fed speakers and weekly jobs data
Top News
  1. US strikes Iran's Qeshm Island; oil edges higher
    Officials described the strikes as defensive; crude ticked up and the dollar firmed as investors weighed Middle East escalation risk alongside midterm elections.
    Reuters11-03 01:05 UTC
  2. Dollar drifts on Middle East and midterm risks
    The dollar moved on geopolitical and election uncertainty, with the Aussie dipping after an expected RBA hike; USD/CNY rose 0.36%, a weaker yuan.
    Reuters11-03 01:10 UTC
  3. Kimberly-Clark closes Kenvue acquisition
    Kimberly-Clark completed its purchase of Tylenol maker Kenvue and outlined plans to improve growth and earnings, reshaping the consumer staples landscape.
    CNBC11-02 21:35 UTC
  4. Shopify falls as Q3 revenue, key metric miss
    Shopify beat estimates but gross operating profit, revenue and a key metric missed, and slowing merchandise sales raised questions about consumer demand.
    SHOPYahoo11-03 19:43 UTC
  5. Marathon Petroleum profit surges fivefold on refining
    The largest US refiner posted a sharp profit jump as a global fuel supply crunch pushed refining margins to exceptional levels.
    MPCYahoo11-03 18:45 UTC
  6. Pfizer names Cecile Guegan permanent CFO
    Pfizer appointed Guegan permanent CFO and executive vice president after a competitive search, and separately raised full-year guidance on non-Covid growth.
    PFEYahoo11-03 19:10 UTC
  7. Leidos beats Q3 EPS, misses revenue, raises view
    Leidos beat EPS estimates by 19.1% but missed revenue, raising 2026 EPS and cash flow guidance while cutting its sales outlook.
    LDOSYahoo11-03 18:11 UTC
  8. Eaton Q3 revenue up 28%, shares jump
    Eaton reported Q3 2026 results with revenue up 28% and adjusted EPS above expectations, sending shares up about 6% and lifting the industrials sector.
    ETNYahoo11-03 18:29 UTC
  9. Vertex slumps on light pain drug sales
    Vertex fell despite a beat for its Crispr-partnered Casgevy gene therapy as pain-drug sales came in light, with a key kidney catalyst still ahead.
    VRTXYahoo11-03 18:18 UTC
  10. Oracle's $20 billion raise shows AI cost
    Oracle raised $20 billion and sold $10 billion of senior notes with coupons of 7% to 8.65%, highlighting the financing cost of its AI buildout.
    ORCLYahoo11-03 17:58 UTC

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

Archive11-0311-0210-3010-2910-2810-2710-2610-2310-2210-21