DAILY MARKET BRIEFING 15 OCTOBER 2026
S&P 500 7,744.06 +0.33% NASDAQ 26,713.03 +0.08% DOW 52,177.69 +1.08% RUSSELL 2,767.27 +1.38% FTSE 10,840.40 +1.08% DAX 25,382.62 +0.33% VIX 16.46 -2.43% US 10Y 5.09% -10 bp BTC 81,562.49 -1.84% ETH 2,418.21 -3.14%
U.S. CLOSE EDITION

OPEN leads, MAN lags — U.S. market close

SharpeIQ Research Desk · data as of 15 Oct 2026 close

A close-to-close read on the latest session across US equity indices, rates, commodities, the semiconductor complex and options volatility, with notable insider filings and headlines.

1 Movers. OPEN led gainers at +16.58%
2 Vol. 2 semis are realizing above implied (HV/IV > 1).
3 Laggards. MAN led decliners at -15.82%.

1 Global Dashboard

Close-to-close moves across US equity indices, rates and crypto. Front-month contracts: WTI Crude +3.03%; Silver +2.32%; Gold +1.51%.

Index / ContractLast1 Day1 Wk1 MoYTD52-Wk RangeTrend
US EQUITY INDICES
S&P 500 7,744.06 +0.33% -0.27% +2.55% +13.13% 6,343.727,818.93
Nasdaq Composite 26,713.03 +0.08% -1.77% +2.83% +14.93% 20,794.6427,599.79
Dow Jones Industrial 52,177.69 +1.08% +1.85% +1.39% +8.56% 45,166.6454,349.12
Russell 2000 2,767.27 +1.38% -0.96% -3.20% +11.50% 2,305.113,068.42
INTERNATIONAL
FTSE 100 (UK) 10,840.40 +1.08% +3.82% +1.42% +9.15% 9,507.4010,910.60
DAX (Germany) 25,382.62 +0.33% +2.32% -0.61% +3.64% 22,300.7526,569.99
RATES & VOLATILITY
CBOE VIX 16.46 -2.43% +6.81% -7.06% +10.10% 13.4731.05
US 10-Year Yield 5.09% -10 bp -14 bp +8 bp +93 bp 3.95%5.31%
US 30-Year Yield 5.43% -10 bp -18 bp +8 bp +59 bp 4.54%5.67%
US 5-Year Yield 4.90% -9 bp -9 bp +4 bp +118 bp 3.51%5.09%
CRYPTO (24H)
Bitcoin 81,562.49 -1.84% -1.19% -3.34% -6.80% 58,558.86112,956.16
Ethereum 2,418.21 -3.14% -2.71% -9.93% -18.50% 1,564.823,982.26
ENERGY
WTI Crude 97.97 +3.03% +7.08% -4.35% +70.62% 55.27112.95
Brent Crude 105.92 -0.13% +1.57% +0.09% +74.07% 58.92118.35
Natural Gas 3.24 +1.19% +2.15% +11.93% -12.21% 2.527.46
METALS
Gold 4,170.10 +1.51% +0.32% -4.95% -3.94% 3,960.505,318.40
Silver 56.84 +2.32% -3.77% -11.59% -18.96% 46.56115.08
Copper 6.51 -1.51% -0.12% +1.24% +15.66% 4.936.80

Table 1. Close-to-close through 15 Oct. Rate changes in basis points; crypto is 24-hour; commodities are front-month contracts. Trend = trailing two weeks.

2 Semiconductors & Technology

Semiconductor and megacap-tech price action by horizon.

SEMICONDUCTOR COMPLEX — PRICE & VOLATILITY
TickerNameSpot1 Day1 WkYTDATM IVIV %ile30d HVHV/IV
NVDA NVIDIA 217.23 -1.84% -7.98% +16.62% 29% 2nd 27% 0.91
AMD Adv. Micro Devices 562.23 -1.50% -9.42% +162.53% 58% 55th 54% 0.93
AVGO Broadcom 344.33 -0.55% -4.39% +0.04% 38% 13th 35% 0.91
AMAT Applied Materials 430.01 -3.72% -15.61% +67.92% 56% 62nd 51% 0.92
TXN Texas Instruments 279.12 -0.55% -2.85% +63.59% 46% 78th 28% 0.61
MU Micron 931.24 +1.87% -12.66% +226.47% 45% 1st 51% 1.12
SNDK SanDisk 1,394.83 -0.61% -13.34% +487.59% 62% 0th 69% 1.11
WDC Western Digital 356.45 -2.10% -12.04% +107.07% 67% 23rd 58% 0.86
STX Seagate 690.81 -3.19% -13.34% +150.85% 68% 36th 65% 0.97

Table 2. Price by horizon + at-the-money implied vol (≈30-day, annualized), 52-week IV percentile, trailing 30-session realized vol and HV/IV. HV/IV > 1.0 (highlighted) = realizing more than implied. Memory/storage tickers highlighted.

MEGACAP TECHNOLOGY
TickerNameSpot1 DayYTDTrend
AAPL Apple 342.00 -0.28% +26.14%
MSFT Microsoft 539.44 +1.08% +12.25%
GOOGL Alphabet 349.22 +0.45% +11.79%
AMZN Amazon 254.76 +0.27% +10.37%
META Meta Platforms 736.72 -0.11% +11.81%
TSLA Tesla 362.44 -1.29% -19.41%
NFLX Netflix 72.61 +2.89% -22.56%

Table 3. Same conventions as Table 2 (price only).

IMPLIED VS REALIZED — SEMIS
202040406060IV = HV · parityNVDAAMDAVGOAMATTXNMUSNDKWDCSTX Implied volatility (%) 30-day realized vol (%)
Figure 1. Above the dashed parity line = realizing more than options imply. Memory/storage highlighted.

3 Session Movers

The session's largest one-day moves in the liquid optionable universe.

TOP GAINERS
TickerNameLast1 Day
OPEN Opendoor Technologies Inc. 2.32 +16.58%
APPN Appian Corp 43.82 +13.97%
KRMN Karman Holdings Inc. 33.90 +12.48%
KD Kyndryl Holdings, Inc. 13.19 +11.87%
ERIC Ericsson Lm Telephone Co 10.71 +11.80%
RXRX Recursion Pharmaceuticals, Inc. 4.16 +11.23%
TOP LOSERS
TickerNameLast1 Day
MAN Manpowergroup Inc. 43.74 -15.82%
VICR Vicor Corp 219.92 -10.36%
SMTC Semtech Corp 144.21 -10.01%
PENG Penguin Solutions, Inc. 61.86 -8.48%
LBRT Liberty Energy Inc. 16.70 -7.33%
HPE Hewlett Packard Enterprise Co 58.63 -7.10%

Table 4. Largest one-day moves, liquid U.S. optionable universe (known market cap ≥ $2B). Bars scaled within each panel.

4 Options & Implied Volatility

ATM implied-volatility movers and the semiconductor vol board.

ATM IV RISERS
TickerNameATM IVΔ 1 DayIV %ile
ATM IV CRUSH
TickerNameATM IVΔ 1 DayIV %ile
STX Seagate Technology Holdings Plc 68% -7.46% 36th
SNDK Sandisk Corp 62% -4.60% 0th
AMAT Applied Materials Inc /De 56% -1.43% 62nd
TXN Texas Instruments Inc 46% -1.11% 78th
MU Micron Technology Inc 45% -0.95% 1st

Table 5. ATM implied-volatility movers across the semiconductor complex — Δ in vol points vs. prior close; percentile over 52 weeks.

5 Insider Filings, Desk Briefing & Week Ahead

Form 4 flow today: 13 buy / 27 sell prints (buy/sell ratio 0.48), led by MSFT, META.

Insider buy/sell ratio today 0.48 parity 1.00
FORM 4 FILINGS
FiledInsider · TitleTickerNameSideSharesValue
10-14 Hood Amy · EVP, Chief Financial Officer MSFT Microsoft Corp SELL 3,387 $1.8M
10-14 Hood Amy · EVP, Chief Financial Officer MSFT Microsoft Corp SELL 2,927 $1.6M
10-14 Hood Amy · EVP, Chief Financial Officer MSFT Microsoft Corp SELL 991 $542K
10-14 Olivan Javier · Chief Operating Officer META Meta Platforms, Inc. SELL 946 $689K
10-14 Olivan Javier · Chief Operating Officer META Meta Platforms, Inc. SELL 57 $42K
10-14 Olivan Javier · Chief Operating Officer META Meta Platforms, Inc. SELL 82 $60K

Table 6. Notable Form 4 filings; value = reported transaction value.

DESK BRIEFING
• MAN — ManpowerGroup reported Q3 2026 revenues of $4.8 billion (+4% reported, +5% constant currency) with net earnings per diluted share of $0.71, or $1.01 excluding restructuring and transformation costs. reported results of operations (SEC 8-K).
• RXRX — RECURSION PHARMACEUTICALS, INC. entered a material agreement (SEC 8-K).
THE WEEK AHEAD
WhenEvent
Fri 16 Oct MTB earnings — today
Fri 16 Oct CFG earnings — today
Fri 16 Oct HDB earnings — today
Fri 16 Oct IBN earnings — today
Fri 16 Oct TRV earnings — today
Fri 16 Oct TFC earnings — today
Fri 16 Oct RF earnings — today
Mon 19 Oct FITB earnings — in 3 days

Table 7. Upcoming earnings, next three weeks.

For informational purposes only — not investment advice, a recommendation, or an offer to buy or sell any security. Data may contain errors or omissions.

DAILY MARKET BRIEFING sharpeiq.com/research 15 OCTOBER 2026