Daily Market Report – October 28, 2026

Markets

The S&P 500 (SPX) is trading 0.16 percent higher at 7,735 points following the Fed's interest rate decision. The Nasdaq 100 (NDX) gains 0.26 percent to 29,728 points. The DAX (DAX) rose by 0.44 percent to 25,704 points. In Asia, the Nikkei 225 (NI225), supported by semiconductor stocks, increased by 1.08 percent to 63,954 points. The yield on ten-year US Treasury bonds (US10Y) rose by about 5 basis points to 5.05 percent. WTI crude oil (USOIL) increased by 2.90 percent to $102.80 amid the backdrop of the Iran war.

Company

Oracle (ORCL) gained 11.64 percent to $145.72 after a long-term revenue outlook and information regarding the financing of its AI investments. Vertiv (VRT) rises significantly after a positive outlook for AI data centers.

SK Hynix (000660) jumped 10.89 percent to 1,487,000 Won after strong profit growth and sustained demand for AI memory chips. Samsung Electronics (005930) rose 9.01 percent to 242,000 Won in the same industry environment. Micron Technology (MU) gained 5.41 percent to 978.99 dollars. Lam Research (LRCX) increased with the semiconductor equipment manufacturers by 5.21 percent to 253.40 dollars.

Wendy's (WEN) reacted with a price jump to the takeover bid from the major shareholder Trian, who wants to take the restaurant chain private. Boeing (BA) came under selling pressure after a disappointing outlook. Deutsche Telekom (DTE) was in focus due to reports that the plans for a merger with T-Mobile US have stalled.

UBS (UBSG) reported a 27 percent increase in pre-tax profit to $3.59 billion in the third quarter. Inflows in the wealth management business contributed to the increase. Deutsche Bank (DBK) exceeded expectations with its quarterly profit and subsequently ranked among the stronger German blue chips. Airbus (AIR) confirmed its annual targets despite declining revenue. Sanofi (SAN) lost 6.21 percent to $11.70.

Macroeconomics

The Fed kept the interest rate corridor at 3.75 to 4.00 percent with a vote of ten to two. At the same time, it reduced the number of interest rate decisions planned for 2027 from eight to seven. According to the White House, the US government described the oil price-related burden surge due to the Iran war as temporary and referred to expected additional diesel imports from the Gulf region.

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*Created on 10/28/2026 / 2:39 PM (ET)*