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WHAT MATTERS TODAYPublished 2026-10-29 • 2 min read•Primary source

Nasdaq-100 rises 0.6% as Broadcom gains 3%; US GDP today

Closes for Wednesday 28 October: the Nasdaq-100 rose 0.55% and the S&P 500 rose 0.28%. 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 01:44 ET on 29 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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Instruments & Entities (Click Ticker for Chart):
Nasdaq-100 close (Wed 28 Oct)
29,813.16 (+0.55%)
S&P 500 close (Wed 28 Oct)
7,743.98 (+0.28%)
S&P 500 20-day realized volatility (Wed 28 Oct)
10.1%

The Nasdaq-100 closed Wednesday 28 October at 29,813.16, up 161.72 points or 0.55%. The S&P 500 rose 0.28% to 7,743.98, compared with Tuesday’s close.

Largest US stocks

Of the eight mega-cap stocks we follow (Nvidia, Apple, Microsoft, Amazon, Alphabet, Meta, Broadcom and Tesla), three closed higher on Wednesday. Broadcom gained the most, 2.77% to $351.81, and Meta fell the most, 1.24% to $612.49.

Futures, bitcoin and the euro

E-mini S&P 500 front-month futures closed at 7,783.25 on Wednesday. WTI crude futures closed at $102.78 a barrel and Comex gold futures at $4,051.60 an ounce on Wednesday. Bitcoin ended the UTC day of 27 October at $80,805, up 1.00%. The European Central Bank’s euro reference rate was $1.1133 per euro on 28 October.

Rates

The 10-year Treasury yield was 4.99% and the 2-year 4.70% on 27 October. The 10-year real yield was 2.64% (27 October) and 10-year breakeven inflation 2.38% (28 October). The effective fed funds rate was 3.88% on 27 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 28 October, was 10.1% a year. At that rate one standard deviation of daily movement is about ±49 points (7,743.98 × 10.1% ÷ √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 Thursday 29 October, from the official calendars:

  • Today, Thu 29 Oct, 08:30 AM ET: GDP (advance estimate) & Personal Income & Outlays (PCE) & Weekly jobless claims (Department of Labor and BEA).
  • Tue 3 Nov, 10:00 AM ET: JOLTS job openings (BLS).
  • Thu 5 Nov, 08:30 AM ET: Weekly jobless claims (Department of Labor).
  • Some prop firms restrict trading around these releases; each firm’s rule and its source are on our prop-firm pages.

Preview: US GDP

The GDP (advance estimate) & Personal Income & Outlays (PCE) & Weekly jobless claims is due today, Thursday 29 October, at 08:30 AM ET, according to the Department of Labor and BEA. Release days often move more than a normal day.

Sources

  1. Yahoo Finance daily closes (delayed)
  2. FRED, Federal Reserve Bank of St. Louis
  3. ECB euro foreign exchange reference rates
  4. Official release calendar
  5. Official release calendar
  6. Official release calendar
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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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