Market wrap · Thursday, October 29, 2026
S&P 500 Edges Down 0.3% as Alphabet Sheds $502B in Value
The S&P 500 fell 0.30% to 7,720.39 on October 29, 2026, while the Nasdaq Composite fell 1.38%, the Dow Jones Industrial Average fell 0.25% and the Russell 2000 rose 1.01%.
9 of 11 S&P 500 sectors finished higher. Health Care led (+2.40% for the XLV fund), while Communication Services lagged (−1.87%). The S&P 500 is up 13% so far this year.
The 51 largest US companies lost a combined $438 billion in market value, with 36 of them higher. Eli Lilly and gained the most ($76.2 billion, to $1.22 trillion), while Alphabet lost the most ($502 billion, to $3.47 trillion).
The 10-year Treasury yield fell 6 basis points to 4.99%. US crude oil rose 0.1% to $102.86 a barrel, gold fell 0.5% to $4,033.30 an ounce and bitcoin lost 2.5% to $79,266. The Cboe Volatility Index rose 1.7% to 17.20.
Among the 241 large stocks Stock Pulse 247 tracks, Chipotle Mexican Grill (CMG) rose the most, +8.88%, and ServiceNow (NOW) fell the most, −26.95%.
Sectors
- Health Care+2.40%
- Real Estate+2.21%
- Consumer Staples+1.54%
- Utilities+1.53%
- Financials+1.44%
- Materials+1.29%
- Industrials+0.97%
- Consumer Discretionary+0.75%
- Energy+0.38%
- Technology−1.18%
- Communication Services−1.87%
Biggest market-value moves
The 51 largest US companies: −$438.4B net, 36 higher.
| Eli Lilly andLLY | +$76.2B | to $1.22T |
|---|---|---|
| AppleAAPL | +$74.1B | to $5.09T |
| MetaMETA | +$30.8B | to $1.60T |
| AlphabetGOOGL | −$502.3B | to $3.47T |
| AmazonAMZN | −$116.6B | to $2.63T |
| ServiceNowNOW | −$41.8B | to $113B |
Rates, commodities & crypto
| 10-year Treasury yield | 4.99% | −6 bp |
|---|---|---|
| WTI crude oil | $102.86 | +0.08% |
| Gold | $4,033.30 | −0.45% |
| Bitcoin | $79,266 | −2.46% |
| Cboe Volatility Index | 17.20 | +1.71% |
Top gainers
| Chipotle Mexican GrillCMG | $31.28 | +8.88% |
|---|---|---|
| Eli Lilly andLLY | $1,373.70 | +6.63% |
| Ingersoll RandIR | $80.01 | +6.04% |
| NXP SemiconductorsNXPI | $266.00 | +5.69% |
| KLAKLAC | $167.43 | +5.45% |
Top decliners
| ServiceNowNOW | $109.67 | −26.95% |
|---|---|---|
| FortinetFTNT | $139.10 | −20.09% |
| Marvell TechnologyMRVL | $218.34 | −13.24% |
| AlphabetGOOGL | $283.82 | −12.64% |
| AlphabetGOOG | $282.32 | −12.29% |
Closing figures for the October 29, 2026 US session; text is generated from the numbers and describes what moved, not why. More: live market overview · market news · AI stock forecasts · market data API (SectorAPI).