Morning Brief — Wednesday, November 4, 2026
Pre-market levels, expected moves, earnings and catalysts as published before the open on Wednesday, November 4, 2026.
Pre-market indices
| Index | Price | Change |
|---|
| SPY | 763.28 | +1.18% |
| QQQ | 687.77 | +0.36% |
| IWM | 284.96 | +1.85% |
Options-implied expected moves
| Ticker | Expected move | Implied range |
|---|
| SPY | ±$9.97 (1.32%) | 744.38 – 764.32 |
| QQQ | ±$9.45 (1.38%) | 675.84 – 694.73 |
| IWM | ±$4.85 (1.74%) | 274.94 – 284.65 |
Pre-market movers
| Ticker | Gap | Catalyst |
|---|
| DDOG | -13.84% | Earnings |
| VST | -10.09% | |
| HCA | +6.51% | |
| CRWV | -6.49% | |
| PWR | -6.14% | |
| BILI | +6.07% | |
| NEM | +5.88% | |
| CEG | -5.79% | |
| NVO | +5.52% | Earnings |
| TSLA | -5.52% | |
Earnings today
| Ticker | When | Implied move | Mkt cap |
|---|
| MCD | Pre-Market | ±3.51% | $188.0B |
| NVO | Pre-Market | ±5.97% | $179.1B |
| UBER | Pre-Market | ±7.31% | $136.3B |
| CVS | Pre-Market | ±6.84% | $113.2B |
| EMR | Pre-Market | ±5.51% | $92.6B |
| DDOG | Pre-Market | ±14.78% | $77.6B |
| GWW | Pre-Market | ±6.86% | $64.9B |
| COR | Pre-Market | ±8.55% | $64.5B |
| CVE | Pre-Market | ±8.3% | $57.6B |
| MDLN | Pre-Market | ±13.11% | $44.2B |
Economic calendar
- 10:00 AM ET ISM Services PMI
- 8:30 AM ET Unemployment Claims
Headlines that morning
- Four insurance stocks benefit as Fed rate hikes boost bond yields and investment income.
- Think the Fed will be done after two more rate hikes? How Friday’s jobs report may trigger a major market repricing.
- ECB rate hike looks nearly certain after inflation rises to three-year high
- Democrats projected to take Congress in blue wave fueled by Trump, economy discontent - ABC News - Breaking News, Latest News and Videos
- Midterm election fallout raises new questions over Fed, debt and tariffs
- Inflation Backlash, Trump Fatigue Powers Huge Wins for Democrats
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