Why it matters
- Intel was down about 26.3% and Amazon about 6.9% before the open on Friday, Oct. 30, Yahoo Finance data showed, after their fourth-quarter forecasts. Nasdaq 100 futures were down about 2.67%.
- U.S. compensation costs rose 0.8% in the third quarter, after 0.9% in the second, and 3.4% from a year earlier, the Bureau of Labor Statistics said at 8:30 a.m. ET.
- December Brent was at about $117.10 a barrel, up 1.93% from Thursday's $114.88 settlement reported by Reuters. China's official PMIs are due Saturday, and U.S. clocks move back an hour on Sunday, Nov. 1.
The day ahead: scheduled events and what forecasters expect.
U.S. stock futures fell before the open on Friday, Oct. 30, as Intel and Amazon slid on their forecasts. Intel was down about 26.3% and Amazon about 6.9% around 9:25 a.m. ET, and Nasdaq 100 futures were down about 2.67%, according to Yahoo Finance data. Compensation costs rose 0.8% in the third quarter, the Bureau of Labor Statistics said, and oil climbed.
Where are futures before the open?
| Market, about 9:15 a.m. ET | Level | Change vs. Thursday |
|---|---|---|
| S&P 500 futures | 7,668.50 | −1.11% |
| Nasdaq 100 futures | 28,772.50 | −2.67% |
| Dow futures | 52,450 | −0.12% |
| 10-year Treasury yield (Thursday close, Treasury) | 4.98% | −0.07 point vs. Wednesday |
| Brent crude, December ($/barrel) | 117.10 | +1.93% |
| WTI crude, December ($/barrel) | 103.76 | +1.73% |
| Gold futures ($/ounce) | 3,954.80 | −1.90% |
| U.S. dollar index | 101.85 | −0.19% |
Source: Yahoo Finance chart data and Treasury. Levels are delayed and approximate; oil changes are from Thursday's settlements, which Reuters reported at $114.88 for Brent and $102.00 for WTI.
Oil rose after reports that a senior U.S. military commander briefed President Trump on options for renewed strikes on Iran, and after two tanker incidents raised tensions around the Strait of Hormuz, Trading Economics said. Brent gained more than 15% in October, it said.
Overseas, Asian stocks fell on AI worries, with the Kospi down 3.48%, and the Bank of Japan held rates; see our Asia Friday recap. Europe is in our Europe Friday recap. On Thursday the Nasdaq fell 1.38%; see our Americas Thursday recap.
Why are Intel and Amazon stocks down today?
Both fell after their quarterly reports on Thursday evening. Intel forecast fourth-quarter revenue of $15.0 billion to $16.0 billion and adjusted earnings of 25 cents a share, its release said. Amazon forecast fourth-quarter net sales of $240.0 billion to $247.0 billion, up 12% to 16% from a year earlier, its release said. Intel was at about $67.88 and Amazon at about $227.03 premarket, from Thursday closes of $92.07 and $243.79, Yahoo Finance data showed.
How much did U.S. wage costs rise?
Compensation costs for civilian workers rose 0.8% in the three months ending in September, seasonally adjusted, the BLS said in its employment cost index. Wages and salaries rose 0.7% and benefits 0.9%. From a year earlier, compensation rose 3.4%, after 3.5% in the year to September 2025.
| ECI, civilian workers | Q2 2026 | Q3 2026 |
|---|---|---|
| Total compensation (3-month) | +0.9% | +0.8% |
| Wages and salaries (3-month) | +0.9% | +0.7% |
| Benefits (3-month) | +1.0% | +0.9% |
| Total compensation (12-month) | — | +3.4% |
Source: Bureau of Labor Statistics.
What else is on today's calendar?
- Before the open: earnings. ExxonMobil, AbbVie and Chevron are among the companies listed to report before the bell, Nasdaq's calendar shows, with consensus estimates of $3.90, $3.74 and $4.78 a share.
- 9:45 a.m. ET: Chicago PMI for October, Trading Economics' calendar shows.
- Fed speakers. Trading Economics' calendar also lists remarks by Fed policymakers Tom Barkin, Mary Daly and Alberto Musalem.
What happens over the weekend?
China's National Bureau of Statistics publishes its official October manufacturing and non-manufacturing PMIs on Saturday, Oct. 31, at 01:30 GMT, which is 9:30 p.m. ET on Friday, Trading Economics' calendar shows. The RatingDog manufacturing PMI follows on Monday, Nov. 2.
U.S. daylight saving time ends at 2 a.m. local time on Sunday, Nov. 1, when clocks move back one hour, according to NIST. From Monday, the New York open at 9:30 a.m. ET is 14:30 GMT, an hour later in London time than this week.
| Date | Event |
|---|---|
| Fri., Oct. 30 | ECI (8:30 a.m.); Chicago PMI (9:45 a.m.); Exxon, AbbVie, Chevron before the open |
| Sat., Oct. 31 | China official PMIs (9:30 p.m. ET Friday) |
| Sun., Nov. 1 | U.S. clocks move back one hour |
| Mon., Nov. 2 | China RatingDog manufacturing PMI |
Sources: BLS, Trading Economics, Nasdaq and NIST. Times are ET unless noted.
Upcoming releases are on our market calendar.
Follow the rest of the trading day on our global market today page, with the latest Asia, Europe and Americas session recaps.
Sources
- Bureau of Labor Statistics, Employment Cost Index, September 2026 (Oct. 30, 2026)
- Intel, third-quarter 2026 results (SEC filing) and Amazon, third-quarter 2026 results (SEC filing)
- Reuters via Investing.com, Oil prices settle lower as diplomacy hopes offset some Mideast supply concerns (Oct. 29, 2026)
- Trading Economics, Brent crude oil
- Trading Economics, U.S. economic calendar and China economic calendar
- Nasdaq, earnings calendar for Oct. 30, 2026
- NIST, Daylight saving time
- U.S. Treasury, daily par yield curve rates
- Yahoo Finance, chart data for Intel, Amazon, S&P 500 futures, Nasdaq 100 futures, Dow futures, Brent December, WTI December, gold futures and the U.S. dollar index