US Close 27 October 2026: Nasdaq +1.18% as Chips Rally on Meta Share Sale; Boeing -10.69%
S&P 500 close: 7,722.60 (+0.60%) Breadth: 262 advancers / 236 decliners (499 large caps swept) Sentiment: bullish
The S&P 500 closed at 7,722.60 on 27 October 2026, up 45.83 points or 0.60%, as chipmakers rallied after Meta's $25 billion share sale drew $3 billion from Nvidia and $1 billion from AMD. AMD.US rose 5.45% and the Philadelphia Semiconductor index gained 3.6% (Reuters), while BA.US fell 10.69% after Boeing pushed its 737 production target of 47 jets a month into early 2027. WTI crude slipped 1.53% to $100.20 after Iranian, Saudi, Turkish and Pakistani officials met in Tehran, and refiners posted their worst day since April 2025.
What moved the index
The S&P 500 gained 60 bps on 27 October 2026; technology supplied almost all of it, and energy and staples took back about 11 bps.
- Technology (XLK +1.70%): worth about 56 bps on a sector weight near 33%. Investors bid up Meta suppliers after the offering closed about five times oversubscribed (Benzinga): AVGO.US +4.00%, AMD.US +5.45%, NVDA.US +0.90%.
- Consumer discretionary (XLY +1.04%): about 10 bps on a 10% weight. TSLA.US +4.04% and AMZN.US +1.61%.
- Energy (XLE -2.05%) and staples (XLP -0.92%): together about -11 bps. Refiners fell harder than crude; KO.US -1.64% despite a third-quarter beat and a raised earnings-growth outlook.
- Industrials (XLI +0.57%) and materials (XLB +0.78%): about 6 bps combined, with BA.US subtracting from the industrials figure.
Together, these four account for about 61 bps of the 60 bps move; financials (XLF -0.25%), communication services (XLC -0.26%) and real estate (XLRE -0.84%) offset utilities (XLU +0.71%) in the residual.
Session highlights
- 26,477.81 on the Nasdaq Composite, up 1.18%, against a Dow that added 15.99 points (+0.03%) to 52,377.57 with BA.US in the price-weighted average.
- 2,818.87 on the Russell 2000, up 1.16%, matching the Nasdaq's gain; the VIX fell 4.73% to 17.52.
- META.US -1.64% to $620.19 on the dilution from its own offering, while the buyers it brought in, NVDA.US and AMD.US, closed higher.
- 4.993% on the 10-year Treasury yield, just under 5%, with the Fed's two-day meeting under way and futures pricing about a 90% chance of a hold on Wednesday (Reuters).
- 91.7 on the Conference Board's October consumer confidence index, up from 84.2 in September and above the 81 forecast, as gasoline prices eased (Benzinga). September durable goods orders rose 1.8%.
- DXY +0.39% to 102.35, a third straight gain; gold futures +0.86% to $4,073.10.
Sector scorecard
- Best: Technology (XLK +1.70%)
- Worst: Energy (XLE -2.05%)
- Dispersion (best minus worst): 3.75 pts
- Six of 11 SPDR sector funds rose. Inside energy, refiners VLO.US -9.24% and MPC.US -7.36% fell three to four times as far as the XLE fund (-2.05%).
Top movers
| Ticker | Move | Reason |
|---|---|---|
| SOFI.US | +13.42% | Q3 adjusted EPS $0.18 vs $0.17; 2027 guide about $0.90 vs $0.81 expected |
| PNR.US | +12.80% | Q3 sales beat on water solutions; said pool destocking is complete |
| CLS.US | +12.12% | Third-quarter results after Monday's close |
| NBIS.US | +11.22% | Unannounced, likely flow-driven. |
| CRDO.US | +10.77% | AI infrastructure names rebounded after the Meta offering |
| XYL.US | -14.21% | Q3 revenue $2.20 billion vs $2.28 billion; cut 2026 EPS guide to $5.40 to $5.45 |
| BA.US | -10.69% | 737 rate of 47 a month pushed to early 2027; 2027 free cash flow guide about $3 billion |
| VLO.US | -9.24% | Crack spreads repriced on Iran talks and a Russian diesel cargo bound for New York |
| DINO.US | -8.81% | Refiner selling alongside VLO.US and MPC.US |
| EEFT.US | -7.72% | Cut 2026 guidance on weaker cross-border payments |
After-hours earnings
Investing.com reported these after-hours moves shortly after the close; extended-hours quotes are thin and can reverse.
- HOOD.US: closed +1.85% at $94.56, then slid 5% after hours. Adjusted EPS $0.60 beat the $0.55 estimate, but net revenue of $1.40 billion missed the $1.43 billion consensus as crypto trading volumes eased.
- V.US: closed -0.57% at $401.86, then edged down 2%. EPS of $3.48 topped the $3.44 estimate; revenue of $12.10 billion matched consensus.
- STX.US: closed +3.67% at $667.85, then dropped 7%. Adjusted EPS of $7.68 beat $7.39 and guidance came in above estimates.
- CSGP.US: dropped 11% after hours. EPS of $0.38 and revenue of $952 million beat, but higher Homes.com spending weighed on the margin outlook.
- ENPH.US: fell 10%. Fourth-quarter revenue guidance of $225 to $255 million sits below the $300.5 million consensus.
Notable announcements
- BA.US: third-quarter revenue grew 4% on defense and services; the shares touched $168.42 intraday, the lowest since April 2025 (TradingKey).
- VLO.US: last week posted a third-quarter refining margin of $39.24 a barrel and net income of $6.8 billion, or $23.89 a share; the VanEck Oil Refiners ETF is still up nearly 65% in 2026 (Benzinga).
- MSFT.US -0.24% and GOOGL.US +1.19% into Wednesday's results; AMZN.US reports Thursday. The three carry nearly $1.7 trillion in combined backlog (Reuters).
Next session catalysts (ET)
- Wed 28 Oct: FOMC rate decision and Chair Kevin Warsh's press conference; futures price about a 90% hold.
- Wed 28 Oct, after the close: MSFT.US and GOOGL.US third-quarter results.
- Wed 28 Oct: Bank of Canada rate decision.
- Thu 29 Oct, after the close: AMZN.US third-quarter results.
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