The Nasdaq rose as chip stocks rebounded on election day. As flagged in this morning's analysis, as of 20:00 UTC those S&P 500 and Nasdaq prints remain intraday, with US cash still open until 16:00 New York (21:00 UTC).

The Close: Nasdaq Leads While the S&P Holds Monday's Range

The S&P 500 last printed about 7,577, up 0.47 percent from Monday's 7,541.40 (MetaCap 7,577.05 at 19:30 UTC; Yahoo Finance 7,582.39, 0.07 percent apart). Range 7,545.39 to 7,594.61. This morning's bullish reclaim at Monday's 7,662.23 high was not taken. The morning bearish reference at 7,539.38 was not taken (low 7,545.39). The Nasdaq Composite last printed about 25,402, up 0.94 percent from Monday's 25,164.36 (Nasdaq 25,402.13; MetaCap 25,402.02). Range 25,247 to 25,474. The Dow last printed about 51,834, down 0.29 percent. Breadth was 1,458 to 1,379, with 6 of 16 sectors higher (MetaCap). Technology led, up 1.39 percent. The VIX last printed about 20.65, labeled intraday.

JOLTS job openings rose to 7.523 million in September against the 7.10 million this morning flagged, after August was revised up to 7.190 million (BLS, Trading Economics). Factory orders rose 1.8 percent against 1.2 percent seen (Census). Swiss CPI printed 1.5 percent year on year against 1.3 percent seen, the highest since December 2023 (FSO). S&P bullish trigger: a hold through 7,594.61, then Monday's 7,662.23. Bearish trigger: a fade through 7,545.39, then Monday's 7,539.38.

Key Takeaways: The Close
  • S&P about 7,577 (+0.47%), labeled intraday; Nasdaq about 25,402 (+0.94%); Dow about 51,834 (-0.29%)
  • Morning 7,662.23 not taken (high 7,594.61); 7,539.38 not taken
  • JOLTS 7.52 million against 7.10 seen; factory orders +1.8% against 1.2% seen
  • S&P bullish trigger: hold 7,594.61 then 7,662.23; bearish: 7,545.39 then 7,539.38

Story of the Day: Chip Stocks Reverse Monday's Fade

Chip stocks reversed Monday's fade, the Nasdaq risk this morning had as the live scenario. Nvidia last printed about 207.13, up 2.51 percent (MetaCap). Hindustan Times said Nvidia, AMD and Intel opened higher, with AMD and Intel each about 4 percent in early trade, after a semiconductor sell-off of about 3.7 trillion dollars since 6 October. Apple last printed about 332.31, down 1.78 percent from Monday's 338.32 close (MetaCap), after a holiday-quarter gross-margin guide of 45 to 46 percent against about 46.3 percent seen. Apple opened about 3.8 percent lower then pared (CNBC, Associated Press via MarketSpeaker). Palantir reported revenue of 2.313 billion dollars, up 96 percent, then faded and pared those losses. The hourly Nasdaq chart below uses Yahoo Finance into 3 November 2026.

Nasdaq Composite hourly prices into 3 Nov 2026

Nasdaq bullish trigger: a hold through the session high at 25,474. Bearish trigger: a fade through the session low at 25,247, then Monday's close at 25,164.

Key Takeaways: Chips
  • Nasdaq about 25,402 (+0.94%); Nvidia about $207.13 (+2.51%)
  • Apple about $332.31 (-1.78%) after a 45-46% holiday margin guide
  • Nasdaq bullish trigger: hold 25,474; bearish: 25,247 then 25,164

Oil Gives Back the Overnight Repair Through 96

West Texas Intermediate last printed about 95.95 dollars (MetaCap; Oilpriceapi 95.99; CoinDataFlow 96.02). Session range 93.59 to 98.82. This morning last printed about 97.50. The high at 98.82 took this morning's 97.60, then crude broke 96.12 and Monday's 95.15 on the way to 93.59. Brent last printed about 103.56 dollars against this morning about 105.89. The overnight repair did not hold. Reuters said oil extended declines into the US session heading into the midterms. Oil bullish trigger: a reclaim of 96.12, then 97.60. Bearish trigger: a slip through 93.59.

Spot gold last printed about 3,924 dollars (Kitco 3,924.00 at 14:29 ET, range 3,894.80 to 3,971.70). TradingView sat at 3,927.53, 0.09 percent apart. That sits on this morning's about 3,924. The morning bullish 3,974.5 and bearish 3,879.40 were not taken. Friday's 3,875.65 remains the 52-week low. The World Gold Council said central banks bought 321 tonnes in the third quarter, up 42 percent from a year earlier (Kitco). Gold bullish trigger: a hold through 3,924, then 3,971.70. Bearish trigger: a slip through 3,894.80, then Friday's 3,875.65.

Key Takeaways: Oil and Gold
  • WTI about $95.95 against this morning about $97.50; range $93.59 to $98.82
  • Morning oil $97.60 taken then faded through $96.12 and Monday $95.15
  • Gold about $3,924 (Kitco); WGC said Q3 official buying rose 42%
  • Oil bullish trigger: reclaim $96.12 then $97.60; bearish: $93.59

Crypto Check: Bitcoin Reclaims 77,180

Bitcoin last printed about 77,477 dollars (TradingView). CoinGecko sat at 77,478. This morning last printed about 76,555. Price reclaimed this morning's bullish hold at 77,180. The morning bearish reference at 76,306 was not taken. Ether last printed about 2,290 dollars (TradingView 2,290.2; CoinGecko 2,286.57). Prints labeled intraday; crypto's daily candle closes at 00:00 UTC. Bitcoin bullish trigger: a hold through 77,180. Bearish trigger: a slip through 76,306.

Key Takeaways: Crypto
  • Bitcoin about $77,477 against this morning about $76,555; $77,180 reclaimed
  • Ether about $2,290; prints labeled intraday
  • Bitcoin bullish trigger: hold $77,180; bearish: $76,306

After-Hours and Overnight Watch

US cash still has the closing auction as of 20:00 UTC, with the cash close at 21:00 UTC. AMD reports at 21:00 UTC. API crude inventories print at 21:30 UTC. Midterm polls close from 23:00 UTC, with meaningful counts into Wednesday. Friday: October payrolls, the jobs-report guide. Docket: the calendar and the week ahead. Scenarios to watch: a closing auction that holds the Nasdaq rebound into AMD, or a further oil fade if 93.59 gives way overnight.

Key Takeaways: Overnight
  • Cash still open until 21:00 UTC; AMD at 21:00 UTC; API at 21:30 UTC
  • Midterm counts from 23:00 UTC into Wednesday
  • Friday: October payrolls

For live prices see the ThriveInMarkets homepage. None of the above is a recommendation to buy or sell any asset. Index prints are intraday as of 20:00 UTC Tuesday, November 3, 2026.