Stock Market Today: S&P 500, Nasdaq 100, Dow Jones Futures Fall Ahead of Global PMI Data
Oct 23, 2026
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Video Summary
AI GeneratedU.S. stock futures showed mixed movement on Friday, with the Nasdaq 100 rising while the Dow and S&P 500 declined. Key highlights include a CFTC probe into suspicious oil trading related to U.S.-Iran tensions, steady Treasury yields, and a high probability that the Federal Reserve will maintain current interest rates following the October meeting.
U.S. stock futures swung Friday as the Dow Jones
and S&P 500 indices fell
while the Nasdaq 100 rose following Thursday's mixed close.
Reuters reported,
The U.S. Commodity Futures Trading Commission
is probing suspicious oil trading activity
around the U.S. war in Iran,
according to comments from CFTC Enforcement Director David Miller.
Miller said the agency had from the beginning been probing the trading
and that the investigation remained open.
Meanwhile, the 10-year Treasury bond yielded 4.98%,
and the 2-year Treasury bond yielded 4.67% at the last check.
The CME Group's FedWatch tool projections show markets pricing
in a 90.6% likelihood of the Federal Reserve keeping
interest rates unchanged after its October meeting.
The SPDR S&P 500 ETF Trust
and Invesco QQQ Trust ETF were mixed in pre-market trading on Friday.
The SPY was down 0.072% at $763.40,
while the QQQ advanced 0.15%
to $705.53.
Stocks in focus for today are
Western Digital was 0.90% lower in pre-market trading
on Friday despite beating first quarter
2027 earnings of $4.64 on revenue of $4.38 billion,
versus estimates of $4.07 and $4.13
billion. Management said that it expects price growth
for its hard drives to cool eventually.
Newmont was 2.74% lower in pre-market trading on Friday,
despite beating expectations with
earnings of $2.20 on revenue of $6.36 billion,
versus estimates of $2.11 and $6.28 billion.
Bloom Energy was 0.56% higher in pre-market trading
on Friday after it reported third-quarter
2026 earnings of $0.94 on revenue of $1.24 billion,
versus estimates of $0.68 and $1.05 billion.
Crown Castle was 7.31% higher in pre-market trading
on Friday after a Bloomberg report
said SpaceX is in talks to lease cell tower sites
and aims to secure at least 80,000 U.S.
cell sites. Omnicom Group was 2.56% higher
as it reported third quarter 2026 earnings of $2.73
on revenue of $6.42 billion versus estimates of $2.63
and $6.23 billion.
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