Dow Jones Industrial Average futures fell 323 points in early trading on midterm Election Day, mainly because Apple shares dropped about 4% premarket. Apple’s EPS of $2.10 beat the $1.99 estimate, but its gross margin forecast of 45% to 46% reflected a global memory chip shortage. A reported U.S. strike on Iran’s Qeshm Island pushed oil higher, with WTI near $97 and Brent near $105, while Iran said it would respond “forcefully.” The 10-year Treasury yield rose to about 5%, and the Nasdaq 100, already in correction more than 10% below its October 6 record, saw NVIDIA fall 15% over the past month to $202, with the VIX back in the low 20s. Next up are September JOLTS data (expected 7.1 million openings) today, election results tonight, and October payrolls on Friday.
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oil pricesgeopoliticsIranAAPLDow Jones
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Related tickers and likely impact
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/02/2026 | 681.13 |
| Change that session | -1.36% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/02/2026 | 752.10 |
| Change that session | -0.48% |
XAU/USD
▲ Likely positiveRelevance: high
| Market | Gold |
|---|---|
| Close on 11/02/2026 | 3,946.68 |
| Change that session | +1.84% |
AAPL
▼ Likely negativeApple Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 11/02/2026 | 338.32 |
| Change that session | -1.83% |
VNINDEX
▼ Likely negativeRelevance: medium
| Market | Vietnam stocks |
|---|---|
| Close on 11/03/2026 | 1,699.62 |
| Change that session | -0.65% |
DXY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 11/02/2026 | 101.80 |
| Change that session | -0.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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