Market wrap · Monday, November 2, 2026
S&P 500 Falls 0.5% as Microsoft Sheds $110B in Value
The S&P 500 fell 0.51% to 7,541.4 on November 2, 2026, while the Nasdaq Composite fell 1.07%, the Dow Jones Industrial Average rose 0.41% and the Russell 2000 fell 0.21%.
8 of 11 S&P 500 sectors finished higher. Consumer Discretionary led (+2.41% for the XLY fund), while Energy lagged (−3.96%). The S&P 500 is up 10% so far this year.
The 51 largest US companies lost a combined $261 billion in market value, with 26 of them higher. Amazon gained the most ($57.1 billion, to $2.66 trillion), while Microsoft lost the most ($110 billion, to $3.77 trillion).
The 10-year Treasury yield fell 3 basis points to 4.89%. US crude oil fell 7.8% to $95.97 a barrel, gold rose 1.5% to $3,956.70 an ounce and bitcoin lost 1.4% to $76,708. The Cboe Volatility Index rose 8.9% to 21.16.
Among the 241 large stocks Stock Pulse 247 tracks, IDEXX Laboratories (IDXX) rose the most, +21.85%, and Marvell Technology (MRVL) fell the most, −12.72%.
Sectors
- Consumer Discretionary+2.41%
- Financials+1.82%
- Materials+1.76%
- Consumer Staples+1.58%
- Industrials+1.38%
- Real Estate+1.11%
- Utilities+0.55%
- Communication Services+0.36%
- Health Care−0.12%
- Technology−2.94%
- Energy−3.96%
Biggest market-value moves
The 51 largest US companies: −$260.9B net, 26 higher.
| AmazonAMZN | +$57.1B | to $2.66T |
|---|---|---|
| WalmartWMT | +$33.3B | to $1.02T |
| Berkshire Hathaway BRK-B | +$29.2B | to $1.19T |
| MicrosoftMSFT | −$109.8B | to $3.77T |
| AppleAAPL | −$92.1B | to $4.94T |
| NVIDIANVDA | −$62.3B | to $4.88T |
Rates, commodities & crypto
| 10-year Treasury yield | 4.89% | −3 bp |
|---|---|---|
| WTI crude oil | $95.97 | −7.83% |
| Gold | $3,956.70 | +1.48% |
| Bitcoin | $76,708 | −1.37% |
| Cboe Volatility Index | 21.16 | +8.95% |
Top gainers
| IDEXX LaboratoriesIDXX | $671.64 | +21.85% |
|---|---|---|
| Rivian AutomotiveRIVN | $13.19 | +8.47% |
| PENN EntertainmentPENN | $17.02 | +7.11% |
| CopartCPRT | $31.93 | +5.97% |
| Sherwin-WilliamsSHW | $352.37 | +5.94% |
Top decliners
| Marvell TechnologyMRVL | $171.41 | −12.72% |
|---|---|---|
| OktaOKTA | $184.87 | −11.22% |
| IntelINTC | $59.97 | −8.80% |
| OracleORCL | $119.22 | −8.76% |
| DatadogDDOG | $216.10 | −8.15% |
Closing figures for the November 2, 2026 US session; text is generated from the numbers and describes what moved, not why. More: live market overview · market news · AI stock forecasts · market data API (SectorAPI).