News Bulletin
Wednesday,
November 4th2026
Evening Edition

Economic Numbers:

 

Time

Event

Actual

Forecast

Previous

Wednesday, November 4, 2026

7:00

MBA 30-Year Mortgage Rate

7.29%

 

7.37%

7:00

MBA Mortgage Applications (WoW)

 

 

3.30%

8:15

ADP Nonfarm Employment Change (Oct)

86K

67K

90K

8:30

Trade Balance (Sep)

-105.00B

-107.90B

-105.60B

8:30

Exports (Sep)

321.50B

 

315.20B

8:30

Imports (Sep)

426.60B

 

420.80B

9:45

S&P Global Services PMI (Oct)

56.1

57.9

58.8

9:45

S&P Global Composite PMI (Oct)

55.9

57.6

58.4

10:00

ISM Non-Manufacturing Prices (Oct)

73

74.6

74

10:00

ISM Non-Manufacturing PMI (Oct)

54.5

54.8

54.9

10:00

ISM Non-Manufacturing Employment (Oct)

51.4

50

50.1

10:00

ISM Non-Manufacturing New Orders (Oct)

55.9

 

59.8

10:00

ISM Non-Manufacturing Business Activity (Oct)

53.8

 

56.5

10:30

Crude Oil Inventories

-0.865M

-1.700M

-1.892M

10:30

Atlanta Fed GDPNow (Q4)

3.40%

3.70%

3.70%

10:30

Cushing Crude Oil Inventories

0.280M

 

-0.624M

10:30

Distillate Fuel Production

 

 

-0.071M

10:30

Gasoline Inventories

-0.222M

0.200M

3.870M

10:30

Gasoline Production

 

 

-0.509M

10:30

EIA Weekly Distillates Stocks

-3.600M

-0.100M

-1.462M

10:30

EIA Refinery Crude Runs (WoW)

0.199M

 

-0.123M

10:30

Heating Oil Stockpiles

 

 

0.164M

10:30

EIA Weekly Refinery Utilization Rates (WoW)

1.70%

 

 

10:30

Crude Oil Imports

 

 

-0.796M

14:00

Total Vehicle Sales (Oct)

 

15.80M

16.00M

 

Indices
 

 

CLOSE

50 DMA

200 DMA

DJIA

53,356.78

52150.75

50655.18

NASDAQ

25,736.51

26534.21

25087.33

S&P 500

7,688.64

7693.19

7318.94

Earnings Calendar:

(EPS: Earning Per Share / Rev: Revenue / Mkt Cap : market Capital/ BMO : Before Market Opening /AMC : After Market Close)

 

Symbol

Company

Earnings Call Time

EPS Estimate

Market Cap

ARM

Arm Holdings plc ADR

AMC

0.47

209.40B

MCD

McDonald's Corporation

BMO

3.38

187.98B

QCOM

Qualcomm Incorporated

AMC

2.16

173.08B

UBER

Uber Technologies, Inc.

BMO

0.86

136.26B

MCK

McKesson Corporation

AMC

10.72

116.40B

CVS

CVS Health Corporation

BMO

1.65

113.20B

EMR

Emerson Electric Co.

BMO

1.85

92.57B

MELI

MercadoLibre, Inc.

AMC

9.27

85.01B

MSI

Motorola Solutions, Inc.

AMC

4.42

80.65B

DDOG

Datadog, Inc.

BMO

0.64

77.60B

APP

AppLovin Corporation

AMC

4.03

76.58B

ALL

The Allstate Corporation

AMC

6.89

66.75B

GWW

W.W. Grainger, Inc.

BMO

11.68

64.89B

COR

Cencora, Inc.

BMO

4.58

64.47B

MET

MetLife, Inc.

AMC

2.77

64.15B

AFL

Aflac Incorporated

AMC

1.80

62.46B

EW

Edwards Lifesciences Corporation

AMC

0.74

53.76B

COHR

Coherent Corp.

AMC

1.99

39.38B

MLM

Martin Marietta Materials, Inc.

BMO

5.99

39.22B

EXPE

Expedia Group, Inc.

AMC

8.85

35.88B

TKO

TKO Group Holdings, Inc.

AMC

1.20

35.04B

NTR

Nutrien Ltd.

AMC

1.14

33.48B

KHC

The Kraft Heinz Company

BMO

0.42

29.56B

ATO

Atmos Energy Corporation

AMC

1.14

29.51B

CPAY

Corpay, Inc.

AMC

7.20

26.87B

 

 

Market News:

 

U.S. stocks are sharply higher in afternoon trading after Democrats won control of Congress in the midterm elections. The Dow is up roughly 1,570 points (about 3%), while the S&P 500 and Nasdaq are up about 1.9% and 2.0%. Investors see a divided government as lowering the risk of sweeping policy changes, oil is lower on signs of U.S.-Iran de-escalation, and gold is sharply higher. Traders are also weighing earnings and possible data-center regulation risk for the AI sector.

 

Here are some of the key movers:

 

Megacap Tech (AAPL, AMZN, MSFT): Apple rose around 6.7%, Amazon around 7.4% and Microsoft around 6.2% as large-cap technology joined the broad market rally.

 

Nvidia (NVDA): Shares slipped around 1.6% as chip stocks lagged on worries about possible restrictions on data-center construction.

 

AMD (AMD): Shares rose in premarket trading after Q3 EPS of $2.09 beat the $1.94 consensus and the Q4 revenue outlook of about $17B topped estimates.

 

CoreWeave (CRWV): Shares dropped around 9% on fears of tougher data-center regulation under a Democratic Congress.

 

Tesla (TSLA): Shares slipped around 1.9% as the broader tech rally left the stock behind.

 

CVS Health (CVS): Shares fell around 12% after the company announced plans to split into two public companies by the first half of 2028, even as it raised its 2026 adjusted EPS forecast to at least $8.20.

 

Datadog (DDOG): Shares dropped around 14% as guidance implied flat revenue next quarter despite Q3 revenue growth of 35%.

 

Duolingo (DUOL): Shares jumped around 34% after stronger-than-expected Q3 results, 29% growth in daily users and a raised full-year outlook.

 

Kyndryl (KD): Shares surged around 35% after reporting cloud-provider revenue growth of 27% and keeping its outlook.

 

Fidelity National Information Services (FIS): Shares plunged around 24% after the company cut its 2026 outlook and its CFO announced his departure.

 

Amdocs (DOX): Shares fell around 27% after a weaker fiscal 2027 revenue forecast tied to a contract dispute with T-Mobile.

 

McDonald's (MCD): Shares rose around 4.7% earlier in the session after Q3 adjusted EPS of $3.57 beat estimates of $3.38, although revenue of $7.16B missed.

 

Uber (UBER): Shares gained around 3.5% earlier after a Q3 beat, though its Q4 adjusted EPS guidance of 95 to 99 cents was below expectations.

 

Trump Media (DJT): Shares dropped around 16% after the Democratic House win was projected.

 

Arm (ARM), Qualcomm (QCOM), McKesson (MCK), AppLovin (APP): Report after the market close today. Analysts expect EPS of $0.47, $2.16, $10.72 and $4.03, respectively.

 

 

 

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