Daily Market Report – October 8, 2026

Markets

The S&P 500 (SPX) closed 0.22 percent lower at 7,802 points. The Nasdaq 100 (NDX) lost 0.21 percent to 31,160 points. The Dow Jones (DJI) fell by 0.66 percent to 51,180 points. In Europe, the DAX (DAX) dropped 0.81 percent to 24,900 points. The Nikkei 225 (NI225) lost 1.42 percent in Tokyo to 69,042 points. Brent crude oil (UKOIL) increased by 3.57 percent to $103.78 due to tensions with Iran and weather-related production outages in the Gulf of Mexico.

Company

TSMC (TSM) increased its quarterly revenue by 51 percent due to demand for AI chips according to its financial results. Samsung Electronics (005930) projected a record profit for the third quarter. The business with memory chips for AI applications provided tailwind. BE Semiconductor Industries (BESI) came under pressure after shortages in memory chips raised doubts about the rollout pace of its hybrid bonding technology.

Alphabet (GOOGL) came into focus due to reports that its subsidiary Isomorphic Labs is preparing a funding round at a valuation of at least 40 billion dollars. NVIDIA (NVDA) was in the spotlight due to the difficult IPO of the Australian data center operator Firmus, which it supports. According to reports, Firmus has closed its order book. TDK (6762) benefited from the interest of several bidders in its business with hard disk components for AI data centers.

SpaceX (SPCX) attributed the delays of the Indian Starlink launch to the resistance of established telecommunications providers. Meta Platforms (META) was in focus after a funding round of over 500 million dollars for Manus. Its acquisition by the company had previously been reversed. Tencent (700) was mentioned as a participant in the AI developer in connection with the same capital raising.

Tesco (TSCO) raised its profit forecast following market share gains against British competitors. Imperial Brands (IMB) announced a share buyback program of 1.5 billion pounds after the stock decline for the next fiscal year. Caterpillar (CAT) lost 5.75 percent to $813.83.

Macroeconomics

According to the White House, the US government did not rule out further military steps against Iran. The prospect of escalation increased the risks for energy supply and inflation. According to Destatis, German exports fell in August for the second consecutive month, while imports increased. This meant that foreign trade supported the economy less. The ECB published its meeting minutes. In light of the renewed energy price surge, they are significant for further monetary policy considerations.

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*Created on 10/08/2026 / 04:17 AM (ET)*