US stock futures fell on the last trading day of the month as earnings from Amazon and Alphabet this week revived concerns about Big Tech's AI spending. Nasdaq-100 futures dropped 2% and S&P 500 futures 1%, while Dow futures slipped below the flatline, and stocks fell for a second straight day. Amazon shares fell 7% and Intel 25% in premarket trading, the latter after its Q4 outlook came up short, while Alphabet kept sliding after its worst day in more than 20 years. Oil prices also rebounded, with Brent crude rising to $112 per barrel and WTI to $103, as ExxonMobil, Chevron, AbbVie and AstraZeneca were set to report before the open on Friday.
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Related tickers and likely impact
AMZN
▼ Likely negativeAmazon
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/29/2026 | 244.23 |
| Change that session | -4.07% |
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.
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