NewsSignals AI analysis·Reuters·Nov 2, 2026

S&P 500 rises; Apple and Palantir set to report results

Grade Abullish AI signal$SPX$NDX$DJI$AAPL$PLTR$WTI$BRENT$AMZN$TSLA$ORCL$MRVL$LITE$INTC$AMD

The S&P 500 climbed 0.25% as falling oil prices and optimism about a potential US-Iran peace agreement lifted Wall Street, while investors prepared for major corporate earnings and US midterm elections. The Dow gained 0.94%, while Apple fell 2% ahead of its quarterly results and Palantir traded near flat before reporting after the bell; AI spending concerns continued weighing on technology stocks. Further earnings surprises and developments in US-Iran peace negotiations could intensify volatility across equities, energy markets, and technology stocks.

Bullish strength: 58/100

S&P 500, Nasdaq, and Dow all posted gains.
Eight of the 11 S&P 500 sector indexes advanced.
Oil prices declined on optimism about potential US-Iran peace talks.
S&P 500 third-quarter earnings were on track to increase over 30% year-over-year.

Bearish strength: 42/100

Apple declined 2% ahead of its quarterly results.
AI infrastructure spending concerns continued weighing on technology stocks.
Oracle fell 5.2% after announcing plans to raise $20 billion through debt and share sales.
Intel fell 6.3% after forecasting quarterly revenue below market estimates and no positive cash flow this year.
Nasdaq recorded 227 new lows against 94 new highs.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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