Major Movers, October 26, 2026

SPY is up 0.8% in a broad advance. Technology leads the main sectors at +2.0%, with Synopsys, Western Digital and Intel all up more than 5%. Industrials follow at +1.5%, led by HEICO and Lockheed Martin, both up near 4%, alongside gains in RTX Corp. Consumer Discretionary is up 1.2%, with Tesla the standout at +6.3% after touching a three-month high. Financials rise a modest 0.4%, led by Morgan Stanley and Goldman Sachs, while Instacart and Coinbase lag, the latter after reporting some users cannot convert BRL to trade crypto. Consumer Staples is the weakest sector at -0.6%, dragged by General Mills and Conagra Brands.

Factors show a clear growth and momentum tilt: High Beta and Momentum factor ETFs both up 2.4%, versus flat value factors.

Within mega-cap growth, Tesla, Analog Devices and Lam Research lead, while Adobe and Merck are the weakest, both down more than 3%.

Semiconductor ETFs are broadly strong, with the Semiconductor ETF (SOXX) up 3.9% and the VanEck Semiconductor ETF up 3.2%. Defense-linked ETFs also advance, with the Aerospace & Defense ETF (XAR) up 2.5% and the Defense ETF (ITA) up 2.2%, while Communication Services lags at -1.4%.

Individual movers are dominated by networking and optical names on the upside, with no clear decliner pattern on the downside.

LITE (Lumentum Holdings) +10.5%
VSAT (Viasat) +10.0%
FIX (Comfort Systems USA) +8.9%
COHR (Coherent Corp) +7.4%
CIEN (Ciena Corporation) +7.1%
RDDT (Reddit) -5.1%
CHTR (Charter Communications) -4.5%
PSKY (Paramount Skydance) -6.2%
MELI (Mercado Libre) -9.1%
FICO (Fair Isaac) -15.2%

Regional ETFs show a sharp Brazil selloff, with the Brazil ETF (EWZ) down 21.2% and the Latin America 40 ETF (ILF) down 11.7% after Lula's election win sent the real tumbling more than 8%.