Stock Market Today: Chips Rally, Boeing Sinks 11%, Fed Decision, Microsoft & Alphabet | Oct. 28
2 extracted signals · 0 resolved · 2 still active
StockInvest.usIndependent analyst profile- Source published
- 28 Oct 2026, 10:47 UTC
- Recorded by Tahlil Plus
- 28 Oct 2026, 17:25 UTC
AI-generated source summary
The market experienced mixed movements, with the Nasdaq and S&P 500 showing bullish trends, while the Dow Jones remained relatively flat, indicating a range-bound behavior. Boeing's significant decline of 10.7% to $168.18 followed its Q3 results, which showed an adjusted loss wider than expected and a miss on its 737 MAX delivery targets. Upside was seen in UPS, which jumped nearly 6% after beating earnings estimates and raising its outlook, with Q3 adjusted EPS at $1.69 and revenue at $22.9 billion. Broadcom (AVGO) climbed 4% to $342.33 following significant financing from banks and a deal for AI chips. Visa reported strong Q3 results, beating estimates with adjusted EPS of $3.48 and revenue up 13% to $12.1 billion, though its stock was down 1.5% pre-market. Robinhood's earnings of $0.51 missed the expected $0.56, and its crypto revenue fell 55%, leading to a pre-market stock drop of over 7.5%. Oil prices rose, with Brent crude near $114.92 and WTI crude at $101.56, following reports of a strike on a Saudi refinery. Futures were mixed, with Nasdaq 100 futures up 0.42% and S&P 500 futures up 0.11%, while Dow futures were down 0.21%. The upcoming Fed decision and press conference at 2 p.m. ET, along with Q3 earnings from Microsoft and Alphabet after the close, are key events to watch. Thursday will feature Q3 GDP and PCE inflation data, followed by Amazon's earnings.
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