No. 59

Latest close: Fri, Nov 6

DiurnaFinance

The daily record of markets & money

Morning Brief

Stocks tumble, S&P 500 drops 4.4%; Wall Street's fear gauge jumps to 28.2

In Thursday's session, the Nasdaq Composite lost 5.5%, the Dow fell 3.4%, the 10-year Treasury yield fell to 4.84%, and gold settled at $4,113.50 an ounce.

  • S&P 5007,353.73▼ −4.36%
  • Nasdaq24,315.00▼ −5.52%
  • Dow51,523.06▼ −3.44%
  • 10-yr yield4.84%▼ −6 bp
  • EUR/USD$1.1224▼ −0.38%
  • Gold$4,113.50▲ +0.99%
  • WTI crude$90.52▲ +2.72%
  • Bitcoin$76,153▼ −5.31%

The broad S&P 500 tumbled 4.36% to 7,353.73, its lowest close since July 2026 and its biggest one-day drop since April 4, 2025. The Nasdaq Composite plummeted 5.52%, and the Dow Jones Industrial Average tumbled 3.44% to 51,523.06.

Read the full edition

Chart of the day

U.S. home prices (Case-Shiller, year over year)2.1% · August 2026

Source: S&P Dow Jones Indices.

U.S. Read more

Coming up

  • Fri Nov 68:30 a.m.Jobs report (Employment Situation)Bureau of Labor Statistics
  • Tue Nov 108:30 a.m.Consumer Price Index (CPI)Bureau of Labor Statistics
  • Fri Nov 138:30 a.m.Producer Price Index (PPI)Bureau of Labor Statistics
Full economic calendar

Recent editions

Archive
  1. Morning BriefOil tumbles 8.3%; S&P 500 rallies 1.6%In Wednesday's session, the Nasdaq Composite added 1.4%, the Dow rose 3.0%, the 10-year Treasury yield fell to 4.90%, and gold settled at $4,073.00 an ounce.
  2. Morning Brief10-year yield rises to 4.95%; S&P 500 rises as the Dow lagsIn Tuesday's session, the Nasdaq Composite added 0.8%, gold settled at $3,940.40 an ounce, and WTI crude fell to $96.09 a barrel.
  3. Morning BriefOil falls below $100 a barrel; S&P 500 falls as the Dow gainsIn Monday's session, the Nasdaq Composite lost 1.1%, the 10-year Treasury yield fell to 4.91%, and gold settled at $3,969.60 an ounce.
  4. The Long ViewSeventy years of the federal funds rateThe Federal Reserve's main policy lever, from the 1950s to today.
  5. Week in ReviewWeek in review: S&P 500 falls 0.6%, its third straight weekly declineA look back at the week of October 26 across stocks, bonds, currencies and commodities — plus the economic calendar for the week ahead.
  6. Morning BriefS&P 500 falls 1.8%; gold slides 3.3%In Friday's session, the Nasdaq Composite lost 2.9%, the Dow fell 1.1%, the 10-year Treasury yield fell to 4.94%, and WTI crude rose to $104.12 a barrel.

Worth reading

Selected coverage from other publishers
  1. Florida voters nearly tripled the homeowner tax break — blowing an $11.8 billion hole in county budgetsFortune
  2. U.S. economy added 165,000 jobs in October, way more than expected; unemployment rate slips to 4.1%CNBC
  3. As tech swoon roils market, US inflation data on tapInvesting.com
  4. Mexico stocks higher at close of trade; S&P/BMV IPC up 0.36%Investing.com
  5. The AI ‘credit card’ is getting costlier as CoreWeave bond yield tops 16%CNBC
  6. Tech stocks steady to end volatile week for marketsThe Washington Post
  7. Why investors are dumping AI company stocks after Democrats’ election sweepThe Washington Post
  8. Stable Labor Market Keeps Fed on Track to Raise Rates GraduallyThe New York Times
  9. Data centers run on debt. That was a problem for bonds this year — and it’s only going to get worse.MarketWatch
  10. Trump Appeals Dismissal of $10 Billion Libel Suit Against Wall Street JournalThe New York Times

A daily record, like the one Rome posted in the Forum.

Diurna takes its name from the Acta Diurna, the daily public notices of ancient Rome. Every morning we publish a plain-English account of what moved in markets, drawn directly from official data — no hype, no predictions. About Diurna