Morning Brief — Thursday, November 5, 2026
Pre-market levels, expected moves, earnings and catalysts as published before the open on Thursday, November 5, 2026.
Pre-market indices
| Index | Price | Change |
|---|
| SPY | 767.17 | +0.05% |
| QQQ | 685.5 | -0.93% |
| IWM | 284.37 | +0.12% |
Options-implied expected moves
| Ticker | Expected move | Implied range |
|---|
| SPY | ±$4.57 (0.6%) | 762.23 – 771.38 |
| QQQ | ±$6.69 (0.97%) | 685.26 – 698.64 |
| IWM | ±$2.04 (0.72%) | 281.98 – 286.05 |
Pre-market movers
| Ticker | Gap | Catalyst |
|---|
| U | +17.78% | Earnings, News |
| TPR | +15.71% | Earnings |
| QCOM | -11.68% | |
| SNAP | -11.15% | |
| Z | -9.29% | |
| RL | -8.27% | Earnings |
| ARM | -7.87% | |
| ROK | -7.61% | Earnings |
| IRM | -6.67% | Earnings |
| PH | +6.35% | Earnings |
Earnings today
| Ticker | When | Implied move | Mkt cap |
|---|
| COP | Pre-Market | ±3.28% | $173.5B |
| SONY | Pre-Market | ±5.28% | $149.7B |
| PH | Pre-Market | ±10.7% | $119.2B |
| CNQ | Pre-Market | ±3.34% | $110.7B |
| SO | Pre-Market | ±2.33% | $107.8B |
| DUK | Pre-Market | ±3.65% | $98.6B |
| CI | Pre-Market | ±5.4% | $78.1B |
| APD | Pre-Market | ±9.72% | $69.7B |
| CMI | Pre-Market | ±11.93% | $68.9B |
| KMB | Pre-Market | ±2.38% | $64.1B |
Economic calendar
- 8:30 AM ET Unemployment Claims
- 10:00 AM ET Prelim UoM Consumer Sentiment
- 10:00 AM ET Prelim UoM Inflation Expectations
- 8:30 AM ET Average Hourly Earnings m/m
- 8:30 AM ET Non-Farm Employment Change
- 8:30 AM ET Unemployment Rate
Headlines that morning
- Inflation and Tariffs Put Trump's Economy Under Pressure
- Philippine Inflation Surges to 7.8%, Boosting Case for Rate Hike
- Inflation, tariffs and a voter revolt: The midterm verdict on Trump’s economy
- Inflation, tariffs and a voter revolt: The midterm verdict on Trump's economy - morning-times.com
- Bank of England Unanimously Hikes Rates, Sees 4.9% Inflation
- COMMENTARY: Asia hopes Democrats can provide relief from Trump's Iran war, tariffs
This is an archived brief. A fresh one is generated free every market morning — no signup, no paywall.
See today's brief or get it
by email.
Free Discord
Get the morning level before the open.
One $SPY level goes up in the free room before 9:30 ET every trading day, with updates while it plays out.