Major Movers, October 26, 2026

SPY is up 0.4%, with broad gains led by Consumer Discretionary (+1.5%) on Tesla (+5.4%), which touched a three-month high, Chipotle (+3.7%) and Wynn Resorts (+3.0%). Health Care (+0.9%) rises on Johnson & Johnson (+2.7%). Financials (+0.6%) are broadly higher, though Coinbase (-5.1%), Instacart (-4.8%) and Robinhood (-3.2%) lag. Technology (+0.5%) is mixed, with Micron Technology (+3.2%) strongest and SolarEdge (-5.9%) weakest. Industrials (+0.7%) gain overall, though Deere & Co falls 2.1%.

Momentum leads the factor set, with SPMOM and MTUM each +0.9%, and small- and mid-cap momentum stronger still (XSMO +1.4%, XMMO +1.2%). Growth and value factors are little changed.

Within mega-cap growth, Tesla is the standout gainer while Meta Platforms falls 1.9% after announcing a $22.5 billion Class A stock offering alongside up to $60 billion in Class C shares.

Oil & Gas E&P (+2.0%) outperforms among other sector ETFs, while Uranium (-1.4%) and Communication Services (-1.1%) lag.

Mercado Libre leads individual decliners, falling sharply alongside the broader slide in Brazilian assets following Lula's election win.

Comfort Systems USA +5.8%
Lumentum Holdings +4.4%
Lululemon Athletica +4.4%
CACI International +4.0%
Booz Allen Hamilton +3.7%
Mercado Libre -12.3%, tied to the slide in Brazilian assets after Lula's election win
Fair Isaac -7.0%
Strategy Inc -5.3%
Reddit -5.0%
Nebius Group -4.7%

iShares Global Clean Energy ETF falls 3.7%. Regional markets are hit hard, with the Brazil ETF down 23.6% and iShares Latin America 40 ETF down 13.6% following Lula's election win, while the Natural Gas ETF falls 2.0% as US gas futures hit their lowest level since April on higher output and softer demand forecasts.