Week of 2026-10-26 · mid-week

Mid-week update · Tue 27 Oct 2026

Monday: the Nasdaq rose 0.8% to 26,169.38 and the Dow 0.3% to 52,361.58. The fell to 18.39 from 19.45 on Friday, and the 10-year Treasury was unchanged at 5.00%. The S&P 500's Monday close is not shown here because the official data series had not published it when this page was built.

Tuesday morning: US durable goods orders rose 1.8% in September (Sunday's forecast: 1.4%), new home sales came in at 676,000 a year (forecast 650,000) and the Conference Board's consumer confidence index jumped to 91.7 (forecast 80.4). Coca-Cola raised its full-year guidance after revenue grew 7%. Boeing's third-quarter loss shrank to $0.26 a share from $7.14 a year ago, and its backlog hit a record $745 billion.

Still ahead this week: Visa after the close today; the Bank of Canada decision, the Fed decision, Microsoft and Alphabet on Wednesday; US GDP and PCE inflation, the ECB decision and more results on Thursday; the Bank of Japan and the Employment Cost Index on Friday.

← Back to Sunday's briefing (week of 26 Oct) (unchanged)

Results in

Coca-Cola (KO) · Q3 2026

Released before the open (6:55 am ET). Net revenues grew 7% to $13.4 billion; organic revenues (non-GAAP) also grew 7%. Global unit case volume grew 5%.
Earnings per share grew 8% to $0.93; comparable EPS (non-GAAP) grew 11% to $0.91. Operating margin 33.4% (32.0% a year ago); comparable operating margin 32.9% (31.9%).
Guidance raised for 2026: organic revenue growth of at least 5% (was about 5%); comparable EPS growth of at least 11% (was 9% to 10%); free cash flow of at least $13.0 billion (was about $12.4 billion).

Boeing (BA) · Q3 2026

Released before the open (7:30 am ET; the call was at 10:30 am ET). Revenue $24.2 billion, up 4% from $23.3 billion a year ago. GAAP loss of $0.26 a share (Q3 2025: $7.14); core loss (non-GAAP) $0.34 a share.
GAAP operating earnings $354 million (a year ago: a loss of $4.78 billion). Operating cash flow $1.5 billion; free cash flow (non-GAAP) $0.5 billion.
Commercial Airplanes delivered 161 aircraft (160 a year ago) and booked 300 net orders. Total company backlog a record $745 billion, including $612 billion for commercial aircraft.
The 737-7 and 737-10 are now certified by the FAA, and the US Navy selected Boeing to build its F/A-XX next-generation fighter.

The week's calendar · ET

Struck through = already happened, with the result. The rest is still to come.

Mon 26 Oct

Until 29 OctFed
Fed quiet period continues: no policy remarks from Fed officials before the 27–28 Oct meeting ends

Tue 27 Oct

08:30Data
US September durable goods ordersDone
ResultNew orders +1.8% to $345.4B (forecast +1.4%; August revised to +0.1%). Excluding transportation +0.5%. Nondefense capital goods orders excluding aircraft +0.5% (forecast 0.7%; prior revised to 1.6%).
Before the openEarnings
Coca-Cola (KO) Q3 resultsDone
ResultRevenue +7% to $13.4B; comparable EPS $0.91 (+11%); full-year guidance raised.
10:00Data
Conference Board consumer confidence (October)Done
Result91.7 (forecast 80.4; September revised to 84.2). Present Situation 120.4; Expectations 72.6.
10:00Data
US September new home salesDone
Result676,000 annualised (forecast 650,000; August revised to 680,000). Down 5.3% on a year ago; median price $400,400; 8.4 months' supply.
After the closeEarnings
Visa (V) fiscal Q4 results
Timing unconfirmedEarnings
Boeing (BA) Q3 resultsDone
ResultReleased before the open. Revenue $24.2B (+4%); GAAP loss $0.26 a share (Q3 2025: $7.14); record backlog $745B.

Wed 28 Oct

08:30Data
US September advance goods trade balance and inventories
Goods deficit $129.0bn (prior $132.1bn)
09:45Global
Bank of Canada rate decision and Monetary Policy Report
Hold at 2.25%
14:00Fed
rate decision (press conference 30 minutes later). See Rate odds for market expectations High impact
Why it matters: A hold is priced in; what matters is whether the Fed signals a December hike, which would move yields near 5%, the dollar and stock valuations.
After the closeEarnings
Microsoft (MSFT, Nasdaq) fiscal Q1 results High impact
Why it matters: The first of three AI hyperscalers this week; its spending plans test the AI trade after last week's sell-off.
Timing unconfirmedEarnings
Alphabet (GOOGL, Nasdaq) Q3 results

Thu 29 Oct

08:30Data
US Q3 GDP (advance) + September personal income, spending & PCE inflation High impact
GDP 3.0% annualised (prior 2.2%); consumer spending 3.4% (prior 3.8%); personal income 0.3% m/m (prior 0.2%); real spending 0.1% (prior 0.6%)
Why it matters: Growth and the Fed's preferred inflation gauge land the day after the Fed decision and feed straight into December hike odds.
08:30Data
US weekly jobless claims
Prior 194k; no published by our source.
Before the openEarnings
Caterpillar (CAT) Q3 results
09:15Global
ECB monetary policy decision (press conference 30 minutes later)
19:30Global
Tokyo October
2.7% y/y (prior 2.7%)
Timing unconfirmedEarnings
Eli Lilly (LLY) and Mastercard (MA) Q3 results
Timing unconfirmedEarnings
Amazon (AMZN, Nasdaq) Q3 results

Fri 30 Oct

06:00Global
Euro area Q3 GDP (flash)
1.0% y/y (prior 1.2%)
08:30Data
US Q3 Employment Cost Index
0.8% q/q (prior 0.9%)
Before the openEarnings
ExxonMobil (XOM) Q3 results
12:00Fed
San Francisco Fed's Daly opens an AI and the economy conference (ECB's Lane gives the keynote); first Fed remarks after the meeting
Decision dayGlobal
Bank of Japan policy decision and Outlook Report
Timing unconfirmedEarnings
Chevron (CVX) Q3 results

Results are from the companies' and agencies' own releases. Index closes come from FRED (Nasdaq Composite, Dow Jones, VIX) and yields from the US Treasury. Not shown because no official source was available when this page was built: the S&P 500's Monday close, oil and gold prices, the dollar index and updated Fed rate odds (Sunday's page has the odds as of 25 Oct). Times in ET (New York).

Since Sunday

Monday 26 Oct closes: Nasdaq Composite 26,169.38 (+0.8% from 25,955.34); Dow Jones 52,361.58 (+0.3% from 52,215.16).
Treasury yields on Monday: 10-year 5.00% (unchanged from Friday), 2-year 4.68% (4.69% on Friday), 30-year 5.31% (5.33%).
VIX closed Monday at 18.39, down from 19.45 on Friday.
Boeing's release came out at 7:30 am ET, before the open. Sunday's calendar said its timing was unconfirmed; the Sunday page itself is unchanged.
Revisions to last month's figures: August durable goods orders are now +0.1% (first reported −0.1%); August new home sales 680,000 (first reported 684,000); September consumer confidence 84.2 (first reported 81.9).
Bank of Japan: its calendar lists the policy statement and 'The Bank's View' on Fri 30 Oct (release time not yet set). The full Outlook Report follows on Mon 2 Nov at 14:00 Tokyo time. Sunday's calendar entry says 'decision and Outlook Report'; the full report is the later one.

Market gauges · as of Mon 26 Oct close + Tue 27 Oct morning

SPY · Mon 26 Oct1.07 vs 1.30

Monday only (the other days are not yet published by OCC): 1.07 vs 1.30 on Friday 23 Oct, so fewer puts relative to calls than on Friday, but still slightly above 1. A one-day reading, not a weekly average.

GLD put/call · Mon 26 Oct0.95 vs 0.76

Monday only: 0.95 vs 0.76 on Friday 23 Oct, so more put buying than on Friday, but still just below 1. A one-day reading, not a weekly average.

investors37% bull · 46% bear vs 39 · 42

Week to 21 Oct (17% neutral). Unchanged from Sunday's page: AAII publishes its survey on Thursdays, and the next one is due Thu 29 Oct.

VIX18.39 -1.06 vs Fri 23 Oct

Close Mon 26 Oct. Lower than Friday's 19.45 but still elevated, ahead of the Fed decision and Big Tech results.

Put/call volume ratio for a single day, Monday 26 Oct, against Friday 23 Oct. OCC cleared volume, all exchanges. Tuesday's volumes were not yet published when this page was built, so there is no weekly average this week. Above 1 = more puts (hedging) than calls.

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