How it’s computed: half price, half fear. Price: the three indices’ average move (-0.04%), 25 points per 1% from 50. Fear: the VIX (15.4) as 50 − 4 × (VIX − 20). Averaged, capped 0–100.
The Call
META led the Magnificent 7 higher.
NVDA -1.3% and TSLA -1.2% were the weakest; META +3.4% and AAPL +1.3% the strongest.
Top stories
The market, tech and world stories that matter before the bell.
Bessent rebukes Warren in letter, skips her borrowing-cost questions
The Treasury Secretary sent a pointed letter to Sen. Warren without answering her five questions on borrowing costs, with Treasury yields near a 24-year high.
The European Union paid Russia 250 Billion Dollars for Energy, and the Fake News Media doesn’t want to get near that story. I made the right choice for the American People — ALWAYS, AMERICA FIRST! President DONALD J. TRUMP
Trade
Democrats prepare investigations into Trump's trade deals
Democrats on House Ways and Means, Senate Finance and other committees are lining up targets if their party wins back Congress.
NFIB Small Business Index for September, 6 a.m. ET Yahoo Finance
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Existing home sales for September, 10 a.m. ET Yahoo Finance
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Richmond Fed President Thomas Barkin speaks, 1 p.m. ET Yahoo Finance
·
Federal budget for September, 2 p.m. ET Yahoo Finance
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Boston Fed President Susan Collins speaks, 4 p.m. ET Yahoo Finance
On X
EM
Elon Musk@elonmusk · 10h
Robotaxi improvements
Robotaxi@robotaxi · 14h
Robotaxi service updates from the last few weeks:
– Operating hours are now 6am-11pm – Reduced wait times thanks to increased supply & orchestration algorithms – Trunk now opens automatically at end of ride if utilized – Grok @bot now available in Cybercab
702
820
9.9K
1.6M
Tesla, Inc.
$TSLA · NASDAQ
$378.03▼ $4.67 (1.22%)At close · Oct 12
Pre-market $374.85-0.84%
See $TSLA on X ›
SpaceX
$SPCX · NASDAQ
$163.42▲ $0.85 (0.52%)At close · Oct 12
Pre-market $163.04-0.23%
See $SPCX on X ›
Bitcoin
$BTC · CRYPTO
$83,181.98▼ $233.49 (0.28%)24h
See $BTC on X ›
On Instagram
$1,000 in every S&P 500 sector on Jan 2, 2020. Only 2 of the 11 beat the S&P 500 itself. Swipe for the full ranking 👉
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Market data from the sources noted under Your Tickers; stories from the publishers linked above. Market data may be delayed. Not investment advice. For information only.