Equities closed modestly lower with the S&P 500 at 7670.84 (-0.17%), the Nasdaq at 26797.54 (-0.09%), the Dow at 51349.92 (-0.26%), and the Russell 2000 the laggard at -0.35%. Utilities (+1.17%) led sectors while Energy (-0.90%) bottomed the board, with Materials (-0.75%) and Staples (-0.52%) also under pressure. Single-name action was violent but narrow: LGHL surged 56.1% and VBIO 33.9% on the upside, while LSE (-13.2%), SUJA (-12.6%), and TRLV (-11.1%) led decliners. The Fed's preferred gauge showing core inflation at 3.0% in August — lighter than expected — alongside finalized stress-test transparency changes gave the macro backdrop a dovish tilt even as the 10-year sits at 5.24%. S&P futures are pointing 0.28% higher into the next session with VIX down 1.62% at 15.78.
Change on the day for the major indices. VIX sits in the metric strip above — it reads inversely, so it is kept out of this scale.
Every bar opens the sector ETF's live page.
QL signal universe · click a bar for the live 5-factor read.
QL signal universe · click a bar for the live 5-factor read.
Bullish signals sit at 27.9% of the 4,506-name universe, but the more telling read is breadth expanding +3.8 points day-over-day. A broadening cue against a flattish tape means participation is widening beyond the index level — more names improving even as the headline print barely moves, an early risk-on participation signal rather than leadership thinning. The distribution remains neutral-heavy (2,552 neutral names, 56.7%), so this is early-stage broadening, not a confirmed regime turn.
Hover the line (or focus it and use ← →) to read any single session.
Strong Buy standouts: MANE · PACB · USDE · DPRO · SLGL · OCC · WATT · ASPS · MATH · SAIH · SVRN · COSM
Strong Sell standouts: REG · WK · KWR · BVC · HTZ · XLAB · ONEW · WYHG · AARD · NPT · MCHX · WFCF
See full signals →| Ticker | Next Report | In | Last EPS YoY | Last Rev YoY |
|---|---|---|---|---|
| MSFT | 2026-10-26 | 26d | +31.8% | +17.7% |
| TSLA | 2026-11-16 | 47d | -3.0% | +25.5% |
| AAPL | 2026-11-23 | 53d | +28.7% | +16.4% |
| XOM | 2026-11-24 | 55d | +112.2% | +42.3% |
| JPM | 2026-11-30 | 61d | +46.9% | +27.7% |
| NVDA | 2026-12-17 | 78d | +127.8% | +105.9% |
Bar length = days until the report · green/red = last EPS YoY direction · click through to the live page.
Year-over-year movement
The event calendar is light: no corporate events are on the slate and the nearest mega-cap print is MSFT in 26 days (Oct 26), with TSLA, AAPL, and NVDA 47+ days out. The IPO pipeline is the live catalyst — Oura (filed range $40-$44), Ives Ultra AI Opportunities and TCGX Acquisition II at $10, plus SRAV, RGNA, and TFP pending pricing.
| Ticker | Company | Listing Date | In | Offer Range | Exchange |
|---|---|---|---|---|---|
| ACCV | Accelevation Holdings Corp. | 2026-09-30 | listed | $20–$24 | XNAS |
| SRAV | Source Agriventures Inc. | TBA | — | — | XNAS |
| IVAI | Ives Ultra AI Opportunities Inc. | TBA | — | $10 | XNYS |
| OURA | Oura Inc. | TBA | — | $40–$44 | XNAS |
| RGNA | Regenlab USA Inc. | TBA | — | — | XNAS |
| TCXB | TCGX Acquisition Corp. II | TBA | — | $10 | XNAS |
| TFP | TFP Group Ltd. | TBA | — | — | XNYS |
| BYOP | KiNRG Inc. | TBA | — | $5–$7 | XASE |
| FLSC | Frazier Life Sciences Acquisition Corp. II | TBA | — | $10 | XNAS |
| SOUD | Hacker Interstellar Inc. | TBA | — | $11 | XNAS |
Full pipeline + S-1 tracker on IPO Radar · pre-IPO valuations and secondaries on Private Companies.
The private tape is active at the top end: AMD's announced $8.2B acquisition of World Labs (Sep 28) dwarfs the rest of the week's deal flow, with UAE-affiliated entities at $6B across 2 deals and Jane Street at $3B across 2. Among traditional VCs, Insight Partners leads on count (6 deals, $336.6M) while Andreessen Horowitz leads on deployed capital outside mega-deals (5 deals, $694M); earlier-stage activity included Arivihan's $10M Series A at a $59.5M valuation (Accel/Prosus) and Outmarket's $35M Series B.
| Date | Company | Event | Amount | Lead Investor |
|---|---|---|---|---|
| 2026-09-28 | World Labs · AI | Acquisition (announced) $8,200M led by AMD | $8.2B | AMD |
| 2026-09-28 | Astro Digital · Space / Defense | SPAC merger + PIPE (announced) $180M led by Proem Asset Management | $180M | Proem Asset Management |
| 2026-09-28 | Modulate · AI | Venture $25M led by Future Ventures | $25M | Future Ventures |
| 2026-09-26 | Sanyark Space · Space | Pre-Seed $2M led by Avaana Capital; AUM Ventures | $2M | Avaana Capital; AUM Ventures |
| 2026-09-25 | Arivihan · Education | Series A $10M led by Accel; Prosus | $10M | Accel; Prosus |
| 2026-09-25 | Outmarket · Insurtech | Series B $35M led by SignalFire | $35M | SignalFire |
| 2026-09-24 | OpenEvidence · Healthcare | Unlabeled (reported) $250M | $250M | — |
| 2026-09-24 | HIFI · Fintech | Series A $37M led by Left Lane Capital | $37M | Left Lane Capital |
Track 2,590 pre-IPO names on Private Companies · browse 280+ investor profiles · live deal tape on Deal Signals.
Bar = amount raised · click through to the company's pre-IPO page.
Where the money went — sector split
Most active lead investors (last 45 days)
Educational framework discussion of market conditions — not investment advice or a recommendation to buy or sell any security.
Today's setup — S&P -0.17% but universe breadth up +3.8 points — is a classic early-participation pattern. Breadth measures how many names are improving versus deteriorating regardless of index direction; when it expands while the index is flat-to-down, it means the decline is concentrated in a few heavy weights while the median stock is actually strengthening. That matters because index-level weakness driven by concentration is mechanically different from broad-based selling: the former often precedes catch-up rallies, the latter marks regime deterioration. The caveat is that 27.9% bullish still sits below the neutral wall (56.7%), so this is a watch-item, not a confirmation — the signal becomes actionable only if breadth keeps building as the index itself turns.