Why it matters
- The S&P 500 rose 45.83 points, or 0.60%, to 7,722.60 on Tuesday, Oct. 27, the Nasdaq Composite gained 1.18% and the Dow 0.03%, Yahoo Finance data showed, as AI and chip stocks led while most S&P 500 stocks fell, the AP said.
- Boeing sank 10.69% to $168.18 after a bigger-than-expected quarterly loss, while UPS jumped 5.75% after raising its outlook. HSBC's U.S.-listed shares fell 5.70% after its results.
- Consumer confidence rose 7.5 points to 91.7 in October, the Conference Board said. December Brent settled down 1.67% at $113.88, Reuters said, on the first day of the Fed's meeting.
Session recap: what happened in this region's trading day, with sources.
U.S. stocks rose on Tuesday, Oct. 27, as AI and chip stocks led the market higher on the first day of the Federal Reserve's two-day meeting, even though most stocks in the S&P 500 fell, the Associated Press reported. The S&P 500 gained 45.83 points, or 0.60%, to 7,722.60, the Nasdaq Composite rose 1.18% to 26,477.81 and the Dow Jones Industrial Average added 15.99 points, or 0.03%, to 52,377.57, according to Yahoo Finance data and the AP's closing table. Boeing was the day's big loser, down 10.69%.
| Index | Tuesday close | Change vs. Monday, Oct. 26 |
|---|---|---|
| S&P 500 | 7,722.60 | +45.83 (+0.60%) |
| Dow Jones Industrial Average | 52,377.57 | +15.99 (+0.03%) |
| Nasdaq Composite | 26,477.81 | +308.43 (+1.18%) |
| Russell 2000 | 2,818.87 | +32.45 (+1.16%) |
| Cboe Volatility Index (VIX) | 17.52 | −0.87 (−4.73%) |
| S&P/TSX Composite (Canada) | 36,171.49 | +227.29 (+0.63%) |
| Ibovespa (Brazil) | 175,710.05 | −897.95 (−0.51%) |
| S&P/BMV IPC (Mexico) | 69,711.87 | +240.88 (+0.35%) |
Source: Yahoo Finance daily chart data; AP closing table for the S&P 500, Dow, Nasdaq and Russell 2000.
Why did stocks rise today?
Gains in a few big AI stocks made up for weakness elsewhere, the AP said. Broadcom rose 4.00% to $342.33 after announcing a $63 billion financing deal under which several Wall Street firms will help Anthropic get access to its AI chips and networking gear, the AP reported. AMD gained 5.45% and Nvidia 0.90%, and the Philadelphia Semiconductor Index jumped 3.60% to 11,482.50, Yahoo Finance data showed. Oil prices fell, which also helped, Reuters reported at the open.
Which stocks moved the most?
| Stock | Tuesday close | Change |
|---|---|---|
| UPS | $106.09 | +5.75% |
| General Motors | $80.54 | +5.54% |
| Royal Caribbean | $295.92 | +5.46% |
| AMD | $560.26 | +5.45% |
| Broadcom | $342.33 | +4.00% |
| Coca-Cola | $91.18 | −1.64% |
| Sherwin-Williams | $326.01 | −2.73% |
| HSBC (U.S.-listed shares) | $86.01 | −5.70% |
| Boeing | $168.18 | −10.69% |
Source: Yahoo Finance chart data.
Boeing fell after its core loss of $0.34 a share was wider than the 21-cent loss analysts expected, Reuters reported, citing LSEG. Revenue rose 4% to $24.2 billion, and the Commercial Airplanes unit lost $697 million on higher supply chain and production costs, Boeing said in its earnings release.
UPS rose after it raised its full-year revenue forecast to $92.6 billion from $91.2 billion, Yahoo Finance reported. "US consumers remain resilient and the outlook for holiday demand is strong," CEO Carol Tomé said, according to Yahoo Finance. Coca-Cola slipped even though adjusted earnings of $0.91 a share and revenue of $13.4 billion beat forecasts and it raised its outlook, because its North American business slowed, Yahoo Finance said.
HSBC's U.S.-listed shares fell 5.70%, and its London shares closed down 5.42% at 1,291.40 pence, Yahoo Finance data showed, after third-quarter profit came in below expectations, Trading Economics said. General Motors rose after it said it will move its listing to the Nasdaq, the AP reported.
What happened after the bell?
Visa reported fiscal fourth-quarter non-GAAP earnings of $3.48 a share on net revenue of $12.1 billion, up 13%, and raised its quarterly dividend 16% to $0.78, its release showed. Nasdaq's earnings calendar had a consensus forecast of $3.43. Visa shares were down about 2.1% at $393.42 around 4:55 p.m. ET, Yahoo Finance data showed.
Seagate Technology reported revenue of $4.23 billion and non-GAAP earnings of $7.68 a share, its release showed, above Nasdaq's $7.17 consensus. Its shares were down about 5.7% in after-hours trading around 4:55 p.m. ET, Yahoo Finance data showed.
What did today's economic data show?
- Consumer confidence. The Conference Board's index rose 7.5 points to 91.7 in October from a revised 84.2 in September. The Present Situation Index rose 8.6 points to 120.4 and the Expectations Index 6.9 points to 72.6. Economists had expected confidence to weaken further, the AP said.
- New home sales. Sales of new single-family homes fell 0.6% in September to a 676,000 annual rate from 680,000 in August and were down 5.3% from a year earlier, the Census Bureau said. The median sales price was $400,400, and supply stood at 8.4 months.
- 5-year auction. Treasury sold $70 billion of five-year notes at a high yield of 4.845%, with a bid-to-cover ratio of 2.33, TreasuryDirect results showed. Indirect bidders took about 60.0% of competitive awards, direct bidders 29.4% and primary dealers 10.6%.
What happened to oil and Treasury yields?
December Brent settled down $1.93, or 1.67%, at $113.88 a barrel, and U.S. crude settled down $1.86, or 1.83%, at $99.90, as talks in the Middle East eased supply worries, Reuters reported. Prices stay near six-month highs because no deal to end the U.S.-Israeli war with Iran has been reached, Reuters said.
The 10-year Treasury yield eased to 4.99% from 5.00%, the 5-year to 4.82% from 4.84% and the 2-year rose to 4.70% from 4.68%, Treasury Department data showed. Gold futures were up about 0.87% at $4,073.40 an ounce late in the day, Yahoo Finance data showed.
When is the Fed decision?
The Federal Open Market Committee began its two-day meeting on Tuesday and announces its decision Wednesday, Oct. 28, according to the Fed's calendar. The Fed raised rates last month for the first time in three years, and the widespread expectation on Wall Street is that it will hold rates steady this time, the AP said.
This morning's day-ahead guide has the rest of this week's calendar. See the Europe Tuesday recap, the Asia Tuesday recap and Monday's U.S. session recap. The markets page tracks the latest numbers.
Follow the rest of the trading day on our global market today page, with the latest Asia, Europe and Americas session recaps.
Sources
- Associated Press via Mankato Free Press, Broadcom and other AI stocks lift Wall Street closer to its record (Oct. 27, 2026)
- Associated Press via WTOP, How major US stock indexes fared Tuesday 10/27/2026 (Oct. 27, 2026)
- Reuters via Investing.com, S&P 500, Nasdaq open higher as oil pulls back ahead of Fed decision (Oct. 27, 2026)
- Reuters via Yahoo Finance, Oil falls almost $2 as Middle East talks help ease supply worries (Oct. 27, 2026)
- Yahoo Finance, Earnings live updates: Boeing stock falls on mixed Q3 turnaround picture (Oct. 27, 2026)
- The Boeing Company, Third-quarter 2026 results, Exhibit 99.1 to Form 8-K (Oct. 27, 2026)
- Reuters via The Spokesman-Review, Boeing shares plunge on slower-than-expected 737 production, weaker free cash flow outlook (Oct. 27, 2026)
- Trading Economics, United Kingdom stock market
- The Conference Board, Consumer Confidence Index
- U.S. Census Bureau, New residential sales, September 2026
- TreasuryDirect, auction results
- U.S. Treasury, Daily Treasury par yield curve rates, 2026
- Federal Reserve, FOMC meeting calendars
- Visa, fiscal fourth-quarter and full-year 2026 results (SEC filing)
- Seagate Technology, fiscal first-quarter 2027 results (SEC filing)
- Nasdaq, earnings calendar for Oct. 27, 2026
- Yahoo Finance, daily chart data for the S&P 500, Dow, Nasdaq Composite, Russell 2000, VIX, S&P/TSX Composite, Ibovespa, S&P/BMV IPC, PHLX Semiconductor Index, gold futures, Boeing, UPS, Coca-Cola, HSBC (NYSE), HSBC (London), General Motors, Royal Caribbean, AMD, Broadcom, Nvidia, Sherwin-Williams, Visa and Seagate