The article reports that broad-market ETFs IWM and IVV fell as US equities declined after midday Friday.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/29/2026 | 715.33 |
| Change that session | -1.42% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/29/2026 | 769.53 |
| Change that session | -0.36% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Top ETF Stories of October
Over the past month to October 29, 2026, SPY gained 0.6%, DIA rose 1.8% and the tech-heavy QQQ lost about 3.3%, as investors questioned whether heavy AI spending will generate enough profit. A series of AI-accelerated cybersecurity incidents in October was dubbed “Black October,” while the 10-year Treasury yield climbed to around 5.3% early in the month before gradually easing. Alphabet fell about 13% after its third-quarter report, on track for its worst day since its 2004 IPO, as search revenue missed estimates and free cash flow swung to a $9 billion loss, even though Google Cloud revenue more than doubled to $31 billion. Meta has slumped about 10% since its October 20 earnings, after free cash flow turned negative for the first time since 2012 and full-year capex guidance rose to $135–145 billion. Cybersecurity stocks stood out, with the WisdomTree Cybersecurity Fund (WCBR) surging about 10.3% over the same period.
- Jim Cramer raises a red flag to stock market investors
Jim Cramer has closely followed the market throughout the year. What he is seeing now has him worried.
- Exchange-Traded Funds Mixed, US Equities Fall After Midday
Broad-market ETF IWM rose while IVV fell after midday trading.
- Exchange-Traded Funds Lower, Equity Futures Mixed Pre-Bell Thursday Amid Disappointing Alphabet Results
The SPDR S&P 500 ETF Trust (SPY) was down 0.4% ahead of Thursday's open, amid disappointing Alphabet results.
- Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Wednesday Ahead of US Fed Rate Announcement
The broad market ETF SPDR S&P 500 ETF Trust (SPY) rose 0.2% before the opening bell on Wednesday. Meanwhile, equity futures were mixed ahead of the Fed's rate announcement.
- Exchange-Traded Funds Higher as US Equities Rise After Midday
Related markets
Latest news
- Tech gets crushed, defensive stocks shine. How we're making sense of it all
U.S. stocks fell sharply on the last trading day of October, with the S&P 500 down more than 2% and the Nasdaq down over 3.5% as the market continued to push back on AI-related tech names. Intel plunged over 30% after a disappointing outlook, and Sandisk fell 15% after underwhelming earnings. Amazon, Alphabet and Microsoft also dropped after their reports; the author sees the Amazon and Microsoft declines as less warranted, though investor appetite for capital-intensive AI spending appears to be waning. Jim Cramer said the Amazon dip is buyable and kept Amazon at a 1 rating, while Microsoft is nearing an upgrade to a buy-equivalent 1 if its slide continues and Alphabet stays at hold-equivalent 2. Healthcare stocks outperformed this week, led by Eli Lilly at a new all-time high, and the team still wants to add to its Boeing position; more than 100 S&P 500 companies report this week, October nonfarm payrolls are expected to add 72,500 jobs, and the midterms are on Tuesday.
- Apple Is Near a Record. Netflix Is Down More Than Half. I'd Buy Only 1 of Them.
Apple shares are roughly $350, near their all-time high and up about 29% so far in 2026, while Netflix trades near $62, about 54% below its June 2025 record close. Netflix looks cheaper on forward earnings, with a P/E around 17 versus about 37 for Apple based on analyst forecasts, but its revenue growth has slowed from 17.6% in Q4 2025 to 11.8% in its latest reported quarter, with guidance of 11.5% for Q4. Apple's management forecast fiscal Q4 revenue growth of just 9% to 11%, but its installed base tops 2.5 billion active devices and services made up about 42% of gross profit. The author sees most of Apple's AI payoff still ahead, through features users might pay for and new devices like HomeView, while the foldable iPhone Duo starting at $1,999 adds a pricier tier. The author judges Apple the more durable of the two despite its higher valuation, and says he would build a position gradually.
- Video - CEO Clips: Alex Metals: Searching for the Next Major Silver-Gold Discovery in Alaska
Alex Metals (TSXV: ALX) is advancing three exploration projects in Southeast Alaska, targeting high-grade silver, gold, zinc and copper. The company recently completed an exploration program of approximately $8 million, including drilling at two projects and fieldwork at a third. Led by an experienced exploration team, it aims to find deposits similar to Alaska's Greens Creek Mine.
- Googling for Reddit answers is about to get harder
Reddit will first test its new approach outside the U.S. The change could reshape how millions of people find real-world advice.
- Binance Hack: Why Bitcoin Didn't Crash Like It Did in 2018
Binance suffered a hack estimated at $6.4 billion, the largest on record and more than four times the $1.5 billion Bybit heist of February 2025, yet Bitcoin only dipped to about $76,400, roughly 6% below its post-Fed level. Unlike March 2018, when Bitcoin fell from $10,740 to $9,690 within minutes, the crypto market is now worth roughly $2.6 trillion versus just over $400 billion then, and U.S. spot Bitcoin ETFs hold roughly 1.3 million coins. Binance says it has set aside more than $6.34 billion to cover all losses, about $3 billion is frozen, and withdrawals should resume in 45 hours. The Fear and Greed index fell to 36 from 43, and more than $1.3 billion in leveraged positions were liquidated. Chainalysis and TRM Labs tie the attack to the North Korean group behind the Bybit heist.
- Why Did Rivian Stock Surge Higher on Friday?
Rivian shares jumped over 7% early Friday and were still up 1.1% as the Nasdaq Composite fell more than 3.5%. The EV maker reported a third-quarter loss, but it was $0.14 better than Wall Street expected, and revenue also beat estimates, helped by the successful ramp-up of its new R2 SUV production. Rivian raised its 2026 guidance, posting gross profit of $176 million and narrowing its operating loss by $100 million from a year earlier. The company ended the quarter with over $5.5 billion in cash and equivalents and expects R2 to reach a positive gross margin by the end of this year. CEO R.J. Scaringe told CNBC that the ramp-up is critical for R2 to reach positive gross margin, which will ultimately contribute to positive gross margin for the business.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.