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Daily Market Brief · Market · 2026-10-22

Morning brief, Thursday October 22: futures point lower

Before Thursday's open, S&P 500 and Nasdaq-100 futures are lower and Dow and Russell 2000 futures are slightly lower. Reporting today: Mastercard (before the open), Intel (after the close), Procter & Gamble (before the open), Linde (before the open) and Gilead Sciences. Yesterday's session: Stocks closed higher yesterday. The S&P 500 rose 0.5%, the Nasdaq-100 gained 1.1%, the Dow gained 0.6% and the Russell 2000 rose 0.3%. That leaves the S&P 500 up 1.3% this week and up 14.3% for the year. Beneath the index, 281 of 503 S&P 500 stocks rose and 222 fell. Technology (+1.7%) and industrials (+0.9%) led, while communication services (-1.1%) and real estate (-0.8%) lagged. Treasury yields eased - the 10-year Treasury yield is 5.1% (down 3 basis points), the VIX is at 17.3 (-1.1) and oil is $107.9 a barrel. Macro headlines centered on inflation and oil.

What moved yesterday and why

Skydance (SKYD)
The biggest one-day gain since February 27, 2026; down 40% this year; 52% below its 52-week high. Next report: Nov 9.
+10.8%
Supermicro (SMCI)
As Investor's Business Daily reported “Dow Jones Futures Rise As SpaceX, Supermicro Revive AI Stocks; Tesla, Meta On Deck”2. Up 22% this year; 35% below its 52-week high. Next report: Nov 2.
+9.5%
Charles River Laboratories (CRL)
Up 73% this year; at a 52-week high. Next report: Nov 3.
+9.3%
EchoStar (ECHO)
The biggest one-day gain since June 11, 2026; down 15% this year; 35% below its 52-week high. Next report: Nov 4.
+7.2%
Bloom Energy (BE)
As Yahoo Finance reported “Bloom Energy Gains 8% as Elon Musk Says AI’s Real Limit Is “Power and Cooling,” Not Chips”3. Up 175% this year; 31% below its 52-week high. Next report: Oct 22.
+7.1%
AT&T (T)
As Reuters reported “AT&T's fiber revenue per user to keep sliding as bundle discounts weigh”4. Down 9% this year; 23% below its 52-week high.
-6.4%
Dexcom (DXCM)
The biggest one-day drop since October 31, 2025; up 21% this year; 13% below its 52-week high. Next report: Oct 22.
-6.4%
Netflix (NFLX)
After merger and acquisition news5. Down 31% this year; 48% below its 52-week high.
-5.3%
Chipotle Mexican Grill (CMG)
Down 24% this year; 34% below its 52-week high. Next report: Oct 27.
-5.2%
Expedia Group (EXPE)
Up 1% this year; 16% below its 52-week high. Next report: Oct 29.
-5.0%

Before the bell

Direction of the stock-index futures versus their last settlement, early this morning (words only).

MarketDirection
S&P 500 futuresLower
Nasdaq-100 futuresLower
Dow futuresSlightly lower
Russell 2000 futuresSlightly lower

Yesterday's close

MarketMove / level
S&P 500+0.5%
Nasdaq-100+1.1%
Dow+0.6%
Russell 2000+0.3%
10-yr5.1%
VIX17.3
Oil$107.9
Three months: the S&P 500 against its average stock
+0%+2%+4%+6%S&P 500 +5%Avg stock +3%Jul 23Oct 21
Yesterday by sector (median stock)
Info. Technology+1.4%Industrials+0.7%Financials+0.5%Energy+0.2%Utilities+0.1%Materials+0.0%Health Care-0.5%Real Estate-0.7%Cons. Discretionary-0.8%Cons. Staples-1.0%Comm. Services-1.4%

Headlines that mattered

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