The Trade Signal

Pre-market, midday and closing briefs for US traders, every market day.

The Trade Signal β€Ί Nov 5, 2026 β€Ί Close

Closing brief Β· Thursday, November 5, 2026

Stocks close sharply lower as volatility spikes

Equity indexes ended the session with steep losses while the VIX surged and breadth turned heavily negative.

Published Β· Data as of 4:00 PM ET
Not financial advice. The Trade Signal is for information and education only. Nothing here is a recommendation to buy or sell any security. Markets carry risk; do your own research.

Today's economic calendar

Time (ET)EventImpactActualForecastPrevious
7:00 AM ETGB Interest Rate (Nov. 2026)High4%4%3.75%
8:30 AM ETUnit Labour Costs QoQ Prel (Q3 2026)Medium-0.7%0.6%1.3%
8:30 AM ETNonfarm Productivity QoQ Prel (Q3 2026)Medium3.6%2.8%1.4%
8:30 AM ETInitial Jobless Claims (w/o Oct. 26, 2026)Medium189K196K195K
8:30 AM ETUSDA Pork Net Export Sales (w/o Oct. 26, 2026)Medium37.3K–42.3K
8:30 AM ETUSDA Pork Gross Export Sales (w/o Oct. 26, 2026)Medium39.5K–44.9K
11:30 AM ET4-Week Bill Auction Allotted at High (Nov. 5, 2026)Medium5.33%–16.96%
11:30 AM ET4-Week Bill Auction Bid-to-Cover (Nov. 5, 2026)Medium2.46–3.1
11:30 AM ET4-Week Bill Auction Total Accepted (Nov. 5, 2026)Medium–––

Calendar times are ET and come from TradingView's public calendar, an unofficial feed; times and figures can change.

Earnings today

Before the open

  • COP ConocoPhillips
  • PH Parker-Hannifin Corporation
  • SO Southern Company
  • SOJE Southern Co 4.2 % Notes 2020-15.10.60 Global Series 2020C Deferrable
  • DUK Duke Energy Corporation
  • CNQ Canadian Natural Resources Limited
  • CI Cigna Group
  • APD Air Products and Chemicals, Inc.
  • KMB Kimberly-Clark Corporation
  • TRP TC Energy Corporation

After the close

  • ABNB Airbnb, Inc. Class A
  • MNST Monster Beverage Corporation
  • NET Cloudflare Inc Class A
  • EOG EOG Resources, Inc.
  • SPG/PJ Simon Property Group, Inc. 8.375 % Cum Red Pfd Registered Shs Series -J-
  • WPM Wheaton Precious Metals Corp
  • NTRA Natera, Inc.
  • DVN Devon Energy Corporation
  • TEAM Atlassian Corp Class A
  • ED Consolidated Edison, Inc.

Time not confirmed: BRK.B, UI, TECH, GSAT, MOG.B

US-listed companies over $10B market cap, largest first. Report dates and times come from TradingView (unofficial feed) and can change.

The close

The S&P 500 closed 7,356.73, down βˆ’4.32%, after trading between 7,350.35 and 7,680.69. The Nasdaq 100 ended 26,647.86, down βˆ’6.29%, and the Dow closed 51,524.13, down βˆ’3.43%. The Russell 2000 finished 2,729.20, down βˆ’4.47%. The VIX jumped +64.42% to 27.59. Breadth was 814 advancers against 4,760 decliners. Communication services, utilities, and staples held up best, while technology led the decline at βˆ’8.00%. Gold rose +0.85% to $4,109.00 and oil added +2.27% to $90.71. Bitcoin fell βˆ’4.98% to $76,069.

Movers

APP led gainers at +31.04%, followed by ECPG +26.26% and ADMA +26.05%. VCYT led decliners at βˆ’54.30%, with FSLY βˆ’26.88% and PENG βˆ’23.02%. NVDA was the most active at 300.35M shares and βˆ’9.26%, ahead of INTC βˆ’10.33% and SPCX βˆ’9.05%.

After hours

ETON led after-hours gainers at +25.13%, followed by FROG +20.61% and TMDX +17.57%. TEAM led decliners at βˆ’18.14%, with FIVN βˆ’17.98% and AXON βˆ’17.80%.

Next session

ENB, MRNA, BAM, HUM, VST, PPL, CHTR, and PAA report earnings. The calendar includes Non Farm Payrolls, the unemployment rate, average hourly earnings, the participation rate, Michigan Consumer Sentiment Prel, Ivey PMI, and the Baker Hughes Gas Rig Count. SPX next-session pivots are PP 7,462.59, R1 7,574.83, and S1 7,244.49. NDX pivots are PP 27,109.71, R1 27,609.52, and S1 26,148.04. DJI pivots are PP 52,237.98, R1 52,989.14, and S1 50,772.97.

Closing moves

Change since the prior session's close; the range covers today's regular session up to the time shown. Data as of 4:00 PM ET.

Indices

IndexCloseChgChg %Day range
SPX500 (S&P 500 index)7,356.73βˆ’331.89βˆ’4.32%7,350.35 – 7,680.69
NAS100 (Nasdaq 100 index)26,647.86βˆ’1,789.31βˆ’6.29%26,609.89 – 28,071.37
Dow Jones Industrial Average51,524.13βˆ’1,831.99βˆ’3.43%51,486.82 – 53,702.99
Russell 2000 index2,729.20βˆ’127.75βˆ’4.47%2,723.93 – 2,855.25

Index futures & volatility

InstrumentLastChgChg %Range
S&P 500 futures (ES)7,381.25βˆ’340.50βˆ’4.41%7,377.25 – 7,712.50
Nasdaq 100 futures (NQ)26,744.00βˆ’1,823.75βˆ’6.38%26,718.00 – 28,228.25
Dow futures (YM)51,600βˆ’1,908βˆ’3.57%51,584 – 53,859
Russell 2000 futures (RTY)2,735.00βˆ’131.30βˆ’4.58%2,729.60 – 2,873.40
VIX27.59+10.81+64.42%17.28 – 28.09

Commodities & crypto

InstrumentLastChgChg %Range
Gold futures$4,109.00+$34.80+0.85%$4,085.60 – $4,145.30
WTI crude futures$90.71+$2.01+2.27%$89.00 – $91.05
Bitcoin$76,069βˆ’$3,988βˆ’4.98%$75,442 – $79,523

Dollar, FX & yields

InstrumentLastChgChg %Range
US Dollar Index (DXY)101.60+0.09+0.09%101.44 – 101.71
EUR/USD1.1222βˆ’0.0011βˆ’0.10%1.1207 – 1.1241
GBP/USD1.3452βˆ’0.0021βˆ’0.16%1.3449 – 1.3484
USD/JPY157.80βˆ’0.64βˆ’0.40%157.64 – 158.50
US 10-year yield4.837%βˆ’5.7 bpβˆ’1.16%4.822% – 4.917%

Movers

US-listed stocks above $2 and a $1B market cap with at least 500K shares traded.

Top gainers

TickerPriceChg %Volume
APP AppLovin Corp. Class A$356.10+31.04%22.03M
ECPG Encore Capital Group, In$126.17+26.26%707.4K
ADMA ADMA Biologics, Inc.$13.21+26.05%14.97M
XERS Xeris Biopharma Holdings$13.08+25.05%12.30M
WRBY Warby Parker, Inc. Class$26.08+22.50%11.20M
ARDT Ardent Health, Inc.$15.90+22.40%2.47M
LYNX Lyntris Inc$11.34+20.77%2.85M
MGNI Magnite, Inc.$27.52+20.75%9.69M

Top decliners

TickerPriceChg %Volume
VCYT Veracyte, Inc.$24.00βˆ’54.30%14.96M
FSLY Fastly, Inc. Class A$15.38βˆ’26.88%18.64M
PENG Penguin Solutions Incorp$37.22βˆ’23.02%6.22M
AXTI AXT, Inc.$36.72βˆ’22.76%19.93M
SNDK Sandisk Corporation$806.43βˆ’22.26%29.35M
MXL MaxLinear, Inc.$44.31βˆ’22.06%7.93M
ROAD Construction Partners, I$77.53βˆ’21.88%2.39M
CAI Caris Life Sciences, Inc$26.03βˆ’21.64%7.80M

Most active

TickerPriceChg %Volume% of avg day
NVDA NVIDIA Corporation$181.60βˆ’9.26%300.35M239%
INTC Intel Corporation$52.25βˆ’10.33%263.43M149%
SPCX Space Exploration Techno$123.62βˆ’9.05%167.85M157%
GRAB Grab Holdings Limited Cl$3.48+3.57%146.13M185%
IREN IREN Limited$18.03βˆ’16.95%116.40M193%
NU Nu Holdings Ltd. Class A$11.74βˆ’2.09%99.65M88%
WULF TeraWulf Inc.$10.08βˆ’13.85%93.31M178%
AMZN Amazon.com, Inc.$260.21βˆ’2.19%83.52M141%

Market breadth

Advancing stocksDeclining stocks
8144,760

After-hours movers

After-hours gainers

TickerPriceChg %Volume
ETON Eton Pharmaceuticals, In$59.00+25.13%66.3K
FROG JFrog Ltd.$90.00+20.61%465.4K
TMDX TransMedics Group, Inc.$81.10+17.57%149.3K
INOD Innodata Inc.$43.72+13.21%253.2K
KRMN Karman Holdings Inc.$36.32+13.18%318.8K
TNDM Tandem Diabetes Care, In$20.32+12.95%383.0K

After-hours decliners

TickerPriceChg %Volume
TEAM Atlassian Corp Class A$150.05βˆ’18.14%1.04M
FIVN Five9, Inc.$28.00βˆ’17.98%244.2K
AXON Axon Enterprise Inc$314.48βˆ’17.80%426.1K
NTRA Natera, Inc.$299.87βˆ’17.56%295.9K
GH Guardant Health, Inc.$130.00βˆ’15.27%277.6K
XRAY DENTSPLY SIRONA, Inc.$8.75βˆ’13.28%1.04M

Sectors

SPDR sector ETFs, % change today.

SectorETFChg %
Communication ServicesXLCβˆ’0.59%
UtilitiesXLUβˆ’0.71%
Consumer StaplesXLPβˆ’0.75%
Real EstateXLREβˆ’1.82%
Health CareXLVβˆ’2.50%
FinancialsXLFβˆ’2.87%
MaterialsXLBβˆ’2.91%
EnergyXLEβˆ’2.98%
Consumer DiscretionaryXLYβˆ’3.83%
IndustrialsXLIβˆ’4.12%
TechnologyXLKβˆ’8.00%

Large caps

StockCloseChg %Day rangePrior highPrior low
Apple (AAPL)344.17βˆ’1.53%342.06 – 355.38354.50340.99
Microsoft (MSFT)535.93βˆ’3.58%532.68 – 557.62559.15542.30
Nvidia (NVDA)181.60βˆ’9.26%181.46 – 196.25206.79199.68
Amazon (AMZN)260.21βˆ’2.19%252.27 – 273.23271.49263.85
Tesla (TSLA)343.69βˆ’10.77%338.15 – 374.30392.04375.50
Meta (META)605.08βˆ’3.96%583.80 – 634.99643.09624.50
Alphabet (GOOGL)282.57βˆ’2.20%277.07 – 295.60296.49283.40

Large-cap earnings next session

ENB Enbridge Inc. Β· MRNA Moderna, Inc. Β· BAM Brookfield Asset Management Ltd. Class A Β· HUM Humana Inc. Β· VST Vistra Corp. Β· PPL PPL Corporation Β· CHTR Charter Communications, Inc. Class A Β· PAA Plains All American Pipeline, L.P.

Economic calendar for the next session

Friday, November 6, 2026

Time (ET)EventImpactActualForecastPrevious
8:30 AM ETNon Farm Payrolls (Oct. 2026)High–65K29K
8:30 AM ETUnemployment Rate (Oct. 2026)High–4.2%4.2%
8:30 AM ETCA Unemployment Rate (Oct. 2026)High–6.5%6.5%
8:30 AM ETAverage Hourly Earnings MoM (Oct. 2026)Medium–0.3%0.1%
8:30 AM ETAverage Hourly Earnings YoY (Oct. 2026)Medium–2.9%3%
8:30 AM ETParticipation Rate (Oct. 2026)Medium––61.8%
10:00 AM ETMichigan Consumer Sentiment Prel (Nov. 2026)High–4846.3
10:00 AM ETCA Ivey PMI (Oct. 2026)High––61.9
10:00 AM ETCA Ivey PMI s.a (Oct. 2026)High––58.2
2:00 PM ETBaker Hughes Gas Rig Count (w/o Nov. 2, 2026)Medium––130

Levels to watch

The opening range is the first 30 minutes of the session. Breaks compare today's high and low with the prior-day high and low.

IndexOpening rangevs opening rangePrior highPrior low
SPX500 (S&P 500 index)7,550.76 – 7,680.69below the opening range7,715.57 stayed below the prior-day high7,635.81 took out the prior-day low
NAS100 (Nasdaq 100 index)27,334.86 – 28,071.37below the opening range28,829.66 stayed below the prior-day high28,276.22 took out the prior-day low
Dow Jones Industrial Average52,924.20 – 53,702.99below the opening range53,492.40 took out the prior-day high52,410.23 took out the prior-day low
Russell 2000 index2,817.73 – 2,855.25below the opening range2,875.14 stayed below the prior-day high2,831.51 took out the prior-day low

Levels for the next session

Classic floor pivots calculated from today's high, low and close.

InstrumentR1PivotS1Prior highPrior low
SPX500 (S&P 500 index)7,574.837,462.597,244.497,680.697,350.35
NAS100 (Nasdaq 100 index)27,609.5227,109.7126,148.0428,071.3726,609.89
Dow Jones Industrial Average52,989.1452,237.9850,772.9753,702.9951,486.82
Russell 2000 index2,814.992,769.462,683.672,855.252,723.93
Apple (AAPL)352.35347.20339.03355.38342.06
Microsoft (MSFT)551.47542.07526.53557.62532.68
Nvidia (NVDA)191.41186.44176.62196.25181.46
Amazon (AMZN)271.54261.90250.58273.23252.27
Tesla (TSLA)365.94352.05329.79374.30338.15
Meta (META)632.11607.96580.92634.99583.80
Alphabet (GOOGL)293.09285.08274.56295.60277.07

Movers, sectors and breadth: snapshot at 4:30 PM ET.

Sources: Yahoo Finance, TradingView. Data may be delayed.

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