Nasdaq-100 is little changed on Friday; Fed decision on Wednesday
Closes for Friday 23 October: the Nasdaq-100 moved 0.00% and the S&P 500 fell 0.52%. Plus the week’s scheduled releases.
Checked before publishing: software matched every figure in this piece to the data it came from (Yahoo Finance daily closes (delayed); FRED, Federal Reserve Bank of St. Louis; ECB euro foreign exchange reference rates; Official release calendar). How we check
Written by software from the data shown, at 03:13 ET on 26 October 2026. Not edited before publication. How this is made
Written by software from the data shown; not edited before publication
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The Nasdaq-100 closed Friday 23 October at 28,957.53, little changed, 1.16 points or 0.00%. The S&P 500 fell 0.52% to 7,623.68, compared with Thursday’s close.
Largest US stocks
Of the eight mega-cap stocks we follow (Nvidia, Apple, Microsoft, Amazon, Alphabet, Meta, Broadcom and Tesla), one closed higher on Friday. Microsoft gained the most, 0.66% to $524.51, and Alphabet fell the most, 1.24% to $320.21.
Futures, bitcoin and the euro
E-mini S&P 500 front-month futures closed at 7,659.75 on Friday. WTI crude futures closed at $103.27 a barrel and Comex gold futures at $4,007.90 an ounce on Friday. Bitcoin ended the UTC day of 25 October at $80,024, down 0.95%. The European Central Bank’s euro reference rate was $1.1193 per euro on 23 October.
Rates
The 10-year Treasury yield was 4.96% and the 2-year 4.65% on 22 October. The 10-year real yield was 2.64% (22 October) and 10-year breakeven inflation 2.34% (23 October). The effective fed funds rate was 3.88% on 22 October, inside the Fed’s 3.75–4.00% target range.
What a normal day looks like
The S&P 500’s 20-day realized volatility, from daily closes to 23 October, was 9.9% a year. At that rate one standard deviation of daily movement is about ±48 points (7,623.68 × 9.9% ÷ √252). About two days in three have historically stayed inside that range; realized volatility looks back, not forward, and real markets have fatter tails than this arithmetic assumes.
Coming up
US releases and decisions scheduled in the seven days from Monday 26 October, from the official calendars:
- Wed 28 Oct, 02:00 PM ET: FOMC statement & rate decision (Federal Reserve).
- Thu 29 Oct, 08:30 AM ET: GDP (advance estimate) & Personal Income & Outlays (PCE) & Weekly jobless claims (Department of Labor and BEA).
- Some prop firms restrict trading around these releases; each firm’s rule and its source are on our prop-firm pages.
Preview: Fed decision
The FOMC statement & rate decision is due on Wednesday 28 October at 02:00 PM ET, according to the Federal Reserve. The Fed’s target range has been 3.75–4.00% since 17 September, according to FRED (as of 25 October). On a normal day the S&P 500 moves about ±48 points (one standard deviation at its 20-day realized volatility to 23 October); release days often move more.
Sources
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Sources: Yahoo Finance daily closes, delayed (^NDX, ^GSPC, NVDA, AAPL, MSFT, AMZN, GOOGL, META, AVGO, TSLA, ES=F, CL=F, GC=F, BTC-USD); FRED (DGS10, DGS2, DFII10, T10YIE, EFFR, DFEDTARL/U); ECB euro reference rates; official release calendars (Federal Reserve, BEA, BLS, Department of Labor). The daily range is our calculation from 20-day realized volatility of S&P 500 closes. General market information, not investment advice.
Note: Articles and community posts on PYE Markets are for educational and informational purposes only and are not financial advice.
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