Fri Oct 9 close · the week in heat maps — markets, volatility, sectors, energy and safe havens, investment themes — plus next week's earnings and dividends
7,798S&P 500 · 1 week (SPY fund)+1.2%
14.84VIX · 1 week-3.1%
5.28%10-year Treasury yield · FRED, Wed Oct 7−0.01 pts vs Wed Sep 30
$4,220Gold $/oz · 1 week+1.4%
$91.66WTI crude $/barrel · 1 week+0.6%
102.23Dollar index (DXY) · 1 week+0.3%
Summary
The S&P 500 rose 1.2% this week to 7,798 and the Nasdaq-100 rose 0.2%; 9 of the 11 sectors gained, led by utilities (+4.0%).
Gold rose 1.4% to $4,220 an ounce and WTI crude rose 0.6% to $91.66; the dollar index rose 0.3%, and the 10-year Treasury yield stood at 5.28% on Wed Oct 7 (−0.01 points from Wed Sep 30).
Market stress stayed low: 20.0 on a 0–100 scale, with the VIX (the market's gauge of expected stock swings) at 14.84. Next week 32 companies worth $10B or more report, the largest being TSM, JPM and ASML; September's consumer-price (CPI) report is due Wed Oct 14.
Markets this week
Over the week the S&P 500 rose 1.2% to 7,798, the Nasdaq-100 rose 0.2% and small companies (Russell 2000) fell 0.9%, while gold rose 1.4%, crude oil rose 0.6% and the dollar index rose 0.3%.
Price change over the week (%), Fri Oct 2 → Fri Oct 9 close — the main asset classes
XAU+1.4%Gold
SPY+1.2%S&P 500
TLT+0.7%Long-term Treasuries
WTI+0.6%Crude oil
HYG+0.4%High-yield bonds
DXY+0.3%US dollar index
QQQ+0.2%Nasdaq-100
IWM-0.9%Russell 2000 (small companies)
Stocks and bonds are shown through the funds that track each market (SPY, QQQ, IWM, TLT, HYG). Price change only, not including dividends or interest.
Volatility & market stress
Market stress stayed low: the stress score is 20.0 out of 100, and the VIX — the market's gauge of expected stock swings over the next 30 days — ended at 14.84 after it fell 3.1% over the week; 1 of 13 volatility indexes rose.
Market stress level (0–100, higher = more fear), latest reading
CalmNeutralCautiousStressed20
Built from the volatility indexes below. Under 25: investors favouring riskier assets; above 65: investors moving to safer assets.
The VIX across time horizons — expected S&P 500 swings (annualised %), Friday's close
9.11 day
11.39 days
14.830 days
17.83 months
19.96 months
21.71 year
Each column is the yearly swing size that S&P 500 options prices imply over that horizon. Longer-term fear priced above near-term (30-day ÷ 3-month = 0.83) is the normal, calm shape; the reverse is a stress signal.
Volatility indexes — change over the week (%), red = expected swings rose
SKEW+6.5%154.34 · rank 79
VIX1Y-0.1%21.73 · rank 7
VIX3M-1.3%17.77 · rank 3
VIX6M-1.4%19.86 · rank 1
RVX-1.5%19.93 · rank 14
GVZ-1.9%22.79 · rank 12
VVIX-2.5%84.88 · rank 5
VIX-3.1%14.84 · rank 8
VXN-3.1%20.55 · rank 21
OVX-4.1%48.90 · rank 22
VIX9D-6.6%11.26 · rank 10
MOVE-8.2%98.47 · rank 72
VIX1D-15.9%9.05 · rank 6
Under each: Friday's level, then where it sits within its past-year range (0 = the year's lowest, 100 = the highest). MOVE measures expected swings in Treasury bonds, OVX in crude oil, GVZ in gold; VXN and RVX are the Nasdaq-100 and Russell 2000 versions of the VIX. Left out: VXTLT (long-term Treasury fund) — no Friday reading was available when this report was built.
Sectors
9 of the 11 sectors rose this week; utilities led (+4.0%) and technology trailed (−0.5%).
The 11 S&P 500 sectors — price change (%) over 1 day, 1 week, 1 month and 3 months, to Friday Oct 9's close, sorted by the week
Sector fund
1 day
1 week
1 month
3 months
XLUUtilities
+0.8%
+4.0%
-3.6%
-8.8%
XLEEnergy
-0.2%
+3.6%
-0.4%
+18.2%
XLPConsumer staples
+0.0%
+3.6%
+0.5%
-0.8%
XLVHealth care
+1.6%
+2.8%
+2.5%
+6.2%
XLYConsumer discretionary
+1.0%
+2.5%
+0.3%
-3.7%
XLFFinancials
+0.9%
+2.3%
-4.1%
-1.8%
XLREReal estate
+1.9%
+2.0%
-4.1%
-6.4%
XLBMaterials
+0.3%
+1.2%
-3.8%
-2.9%
XLCCommunication services
-1.5%
+0.1%
-0.4%
-1.1%
XLIIndustrials
+0.5%
-0.4%
-1.5%
-7.0%
XLKTechnology
+0.5%
-0.5%
+5.8%
+7.0%
Each sector is shown through its sector fund. 1 day = Friday Oct 9. Each column is shaded on its own scale.
Energy, gold & safe havens
Natural gas led the group (+5.6%); gold rose 1.4% to $4,220 an ounce, crude oil (WTI) rose 0.6%, long-term Treasury funds rose 0.7% and the dollar index rose 0.3%.
Energy, metals, bonds and the dollar — price change over the week (%), Fri Oct 2 → Fri Oct 9 close
NG+5.6%Natural gas
XLE+3.6%Energy stocks
XOP+3.6%Oil & gas producers
HG+3.4%Copper
XAG+1.9%Silver
OIH+1.6%Oil services
XAU+1.4%Gold
PL+0.7%Platinum
TLT+0.7%Treasuries, 20+ years
WTI+0.6%Crude oil (WTI)
LQD+0.6%Investment-grade corporate bonds
HYG+0.4%High-yield bonds
IEF+0.4%Treasuries, 7–10 years
TIP+0.3%Inflation-protected Treasuries
DXY+0.3%US dollar index
SHY+0.2%Treasuries, 1–3 years
Oil, gas and metals are futures prices; stock and bond groups are shown through the funds that track them (XLE, XOP, OIH, TLT, IEF, SHY, TIP, LQD, HYG). Gold-miner funds are unavailable this week: our data carries no one-week figure for them. Left out: Brent crude (its Friday close was not final when the data was built).
Investment themes
Over the week the typical stock did best in developer tools (+7.0%) and worst in quantum computing (−5.9%); the semiconductor grid shows Friday's move only (typical chip stock −0.6%).
The Magnificent Seven (the largest US tech stocks) — price change over the week (%), Fri Oct 2 → Fri Oct 9
Semiconductor stocks — Friday's move (1 day, %), Oct 9 only
FORM+1.9%FormFactor
CAMT+1.5%Camtek
KLIC+1.2%Kulicke & Soffa
STX+1.1%Seagate
WDC+1.0%Western Digital
SIMO+0.8%Silicon Motion
ASML+0.6%ASML
AVGO+0.4%Broadcom
MRVL+0.2%Marvell
ADI+0.1%Analog Devices
QCOM-0.3%Qualcomm
NVMI-0.5%Nova
AMAT-0.5%Applied Materials
LRCX-0.6%Lam Research
KLAC-0.6%KLA Corp
MU-0.7%Micron
SKHY-0.9%SK hynix
RMBS-0.9%Rambus
TSM-1.0%TSMC
ALAB-1.4%Astera Labs
NXPI-1.5%NXP Semiconductors
TXN-1.6%Texas Instruments
SNDK-1.7%SanDisk
AMD-2.0%AMD
INTC-2.2%Intel
AEHR-3.0%Aehr Test Systems
ARM-3.3%Arm Holdings
AMKR-3.7%Amkor
28 chip, chip-equipment and memory stocks · typical stock (median) −0.6% · 10 up, 18 down · chip-stock funds SOXX −0.7%, SMH −0.7%. This grid covers Friday only, not the whole week like the other grids in this section.
AI infrastructure — the companies that run AI computing (cloud, data centres) — price change over the week (%), Fri Oct 2 → Fri Oct 9
GDS+12.3%GDS Holdings
BABA+5.2%Alibaba
AMZN+4.3%Amazon
SKYY+4.0%First Trust Cloud
MSFT+3.4%Microsoft
TCEHY+2.8%Tencent
DTCR+2.6%Global X Data Center
GOOGL+2.4%Alphabet
IBM+2.0%IBM
NTTYY+1.6%NTT
BIDU+1.2%Baidu
DLR+0.1%Digital Realty
EQIX+0.0%Equinix
ORCL-0.6%Oracle
META-1.3%Meta Platforms
DOCN-3.8%DigitalOcean
HUT-6.0%Hut 8
CORZ-6.3%Core Scientific
APLD-6.7%Applied Digital
CRWV-8.4%CoreWeave
NBIS-8.9%Nebius Group
WULF-11.1%TeraWulf
GLXY-11.8%Galaxy Digital
CIFR-13.9%Cipher Mining
RIOT-14.4%Riot Platforms
IREN-15.7%IREN
26 stocks · typical stock (median) −0.3% · 13 up, 13 down. Left out: 018260.KS (listed outside the US), 300442.SZ (listed outside the US), GMG.AX (listed outside the US), IOS.DE (listed outside the US), MRL.MC (listed outside the US), NXT.AX (listed outside the US).
Optical & networking equipment — price change over the week (%), Fri Oct 2 → Fri Oct 9
CIEN+14.9%Ciena
UI+5.9%Ubiquiti
FFIV+5.7%F5
CSCO+5.5%Cisco
FN+4.9%Fabrinet
ANET+4.5%Arista Networks
ERIC+2.9%Ericsson
MTSI+2.6%MACOM
LITE+1.6%Lumentum
APH+0.3%Amphenol
TEL-0.9%TE Connectivity
CRDO-1.0%Credo
XTL-1.8%SPDR S&P Telecom
NOK-2.3%Nokia
VIAV-3.5%Viavi
SMTC-3.9%Semtech
GLW-4.6%Corning
AAOI-5.2%Applied Optoelectronics
CLS-6.5%Celestica
COHR-7.2%Coherent
SITM-13.7%SiTime
21 stocks · typical stock (median) −0.9% · 10 up, 11 down. Left out: FIVG (no trading since Jul 17).
Cybersecurity — price change over the week (%), Fri Oct 2 → Fri Oct 9
32 US-listed companies worth $10B or more report next week (14 of them worth $100B or more), starting Tue Oct 13 with JPM, JNJ, UNH, GS; September's consumer-price (CPI) report is due Wed Oct 14 at 08:30 ET.
Earnings reports next week, Mon Oct 12 – Fri Oct 16 — by day and time
Mon Oct 120
Before market open
—
After market close
—
Tue Oct 137
Before market open
UNH$337B±7.1%
WFC$243B±3.9%
C$214B±2.6%
GS$258B±2.5%
JPM$876B±2.5%
JNJ$623B±2.5%
DPZ$10.0B
After market close
—
Wed Oct 147
Before market open
ASML$696B±4.0%
BLK$166B±3.8%
BAC$374B±3.0%
MS$298B±2.9%
PGR$124B±2.4%
FAST$57.2B
STT$47.9B
After market close
—
Thu Oct 1513
Before market open
SCHW$165B±3.6%
TSM$2.45T±2.5%
PLD$121B
BNY$96.8B
USB$87.5B
PNC$86.9B
MRSH$82.9B
ERIC$31.9B
WIT$16.5B
FHN$10.9B
After market close
IBKR$39.8B
JBHT$20.9B
AA$11.2B
Fri Oct 165
Before market open
TRV$75.2B
TFC$55.7B
MTB$31.3B
CFG$26.6B
RF$22.7B
After market close
—
Companies reporting earnings, by day and time: US-listed, market value $10.0B or more — 32 reports in all. ±% is the share-price move options traders expect around the report, where options data is available; the bar compares it with the week's largest. The ±% figure is shown for the 13 companies worth $100B or more whose options isolate the report (options prices at the Wed Oct 7 close); none for PLD, as its options don't separate the report from ordinary trading days. Before market open / after market close is the company's announced slot. No $10B+ company reports on Monday Oct 12.
Key US economic releases next week
Date
Time
Release
Note
Wed Oct 14
08:30 ET
Consumer prices (CPI) — September 2026
Next Fed rate decision: Wed Oct 28, 14:00 ET.
Week ahead — dividends
1 ex-dividend date in the covered window: Micron Technology (MU), $0.15 a share, on Wed Oct 14.
Upcoming ex-dividend dates
Ex-dividend date
Ticker
Company
Market cap
Dividend per share
Pay date
Wed Oct 14
MU
Micron Technology
$1.23T
$0.15
Oct 29
Ex-dividend date: own the shares before this day to receive the dividend. Covers a selected list of large US companies, next 7 weekdays (from Fri Oct 9) — not every $10B+ company. Market value from the earnings calendar.