Morning Brief — Thursday, October 22, 2026
Pre-market levels, expected moves, earnings and catalysts as published before the open on Thursday, October 22, 2026.
Pre-market indices
| Index | Price | Change |
|---|
| SPY | 765.89 | -0.93% |
| QQQ | 713.07 | -1.67% |
| IWM | 274.79 | -0.61% |
Options-implied expected moves
| Ticker | Expected move | Implied range |
|---|
| SPY | ±$6.92 (0.9%) | 766.17 – 780.02 |
| QQQ | ±$10.49 (1.45%) | 714.71 – 735.7 |
| IWM | ±$1.42 (0.52%) | 275.06 – 277.91 |
Pre-market movers
| Ticker | Gap | Catalyst |
|---|
| LRCX | -10.15% | |
| IBM | -7.80% | News |
| SPOT | +6.98% | Earnings |
| AMAT | -6.08% | |
| MSTR | -5.81% | |
| KLAC | -5.74% | |
| MRVL | -5.67% | |
| NTES | -5.27% | |
| ARM | -5.15% | |
| INTC | -5.06% | |
Earnings today
| Ticker | When | Implied move | Mkt cap |
|---|
| PG | Pre-Market | ±3.02% | $370.3B |
| UNP | Pre-Market | ±4.03% | $170.9B |
| LMT | Pre-Market | ±4.44% | $126.6B |
| VLO | Pre-Market | ±4.51% | $124.8B |
| SPOT | Pre-Market | ±8.98% | $108.3B |
| BX | Pre-Market | ±4.12% | $82.8B |
| CMCSA | Pre-Market | ±6.48% | $79.3B |
| BCS | Pre-Market | ±8.05% | $74.7B |
| NSC | Pre-Market | ±5.49% | $73.1B |
| HON | Pre-Market | ±5.35% | $67.6B |
Economic calendar
- 8:30 AM ET Unemployment Claims
- 10:00 AM ET Revised UoM Consumer Sentiment
- 10:00 AM ET Revised UoM Inflation Expectations
- 9:45 AM ET Flash Manufacturing PMI
- 9:45 AM ET Flash Services PMI
Headlines that morning
- Philippines Central Bank Surprises With Big Rate Hike to Combat Inflation
- The Fed’s Dilemma: Can Markets Damp Inflation or Is Another Rate Hike Necessary? - Barron's
- Philippines Delivers Jumbo Rate Hike as Inflation Heats Up Anew
- SpaceX and Tesla Are Already Joined at the Hip. What a Formal Merger Would Mean.
- Trump’s tariffs loom over Maine Senate race between Collins and Jackson
- Blackstone Profit Drops 9.2% as Rates, Inflation Curb Dealmaking
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