Pre-Market Report: Futures Rise as Earnings-Heavy Week Begins

Futures climb before the open as traders await a packed earnings week; FICO, EQT and Moderna lead S&P 500 decliners.

Stocks are set to open higher, with S&P 500 futures up 0.41% to 7,691.25 as traders try to recover from last week's losses, according to CNBC. Nasdaq 100 futures gained 0.67% and Russell 2000 futures added 0.29%, while the VIX eased 2.06% to 19.05, signaling calmer expected volatility. WTI crude fell 2.12% to $101.08 a barrel, gold rose 0.56% to $4,030.30 an ounce, and bitcoin edged up 0.39% to $80,350.

Before the open
MarketLevelChange
S&P 500 futures7,691.25+0.41%
Nasdaq 100 futures29,312.75+0.67%
Russell 2000 futures2,792.60+0.29%
VIX (volatility index)19.05-2.06%
WTI crude oil, per barrel$101.08-2.12%
Gold, per ounce$4,030.30+0.56%
Bitcoin$80,350+0.39%

Source: Index futures, volatility and commodity quotes · as of October 26, 2026 at 8:31 AM ET · Change is from the prior session.

The biggest S&P 500 moves

Among the biggest gainers before the open, Coherent, Ross Stores, Lumentum, Nucor and Teradyne each advanced more than 2.7%, though no source in our facts explains those moves. On the downside, Fair Isaac fell the most, down 9.60%, followed by EQT, down 8.66% after Bloomberg reported the company agreed to acquire Range Resources in an all-stock deal that would combine the two into the largest natural gas producer in the country. Moderna dropped 8.29%; CNBC noted an analyst from William Blair weighed in after the stock's slide following a leak of cancer vaccine data, even as STAT reported that Moderna's CEO had expressed enthusiasm about the company's cancer vaccine research progress. Equifax and Eversource Energy also declined, down 3.49% and 2.67% respectively, with no reason given in our facts.

S&P 500: the biggest moves before the open

Source: Pre-market trades against the prior close, S&P 500 members · as of October 26, 2026 at 8:32 AM ET

S&P 500: biggest gains before the open
StockCompanyPre-market priceChange
COHRCoherent, Inc.$216.52+3.45%
ROSTRoss Stores$236.93+3.33%
LITELumentum Holdings Inc.$780.30+3.19%
NUENucor$265.37+2.81%
TERTeradyne$317.33+2.75%

Source: Pre-market trades against the prior close, S&P 500 members · as of October 26, 2026 at 8:32 AM ET

S&P 500: biggest declines before the open
StockCompanyPre-market priceChange
FICOFair Isaac$737.00-9.60%
EQTEQT Corporation$50.81-8.66%
MRNAModerna$183.51-8.29%
EFXEquifax$176.00-3.49%
ESEversource Energy$65.66-2.67%

Source: Pre-market trades against the prior close, S&P 500 members · as of October 26, 2026 at 8:32 AM ET

On the calendar today

The Chicago Fed National Activity Index for September was released at 8:30 AM ET, though its result was not yet published as of this writing. Still ahead, the Dallas Fed Manufacturing Index for October is due at 10:30 AM ET, with economists expecting a reading of 7, down from September's 9.8.

On the earnings front, Verizon has already reported, posting earnings per share of $1.31, ahead of the $1.27 estimate. Nine other S&P 500 companies are still due to report today, including Cadence Design Systems, Hartford, Nucor, Public Storage and Welltower, among others. MarketWatch reported that this is one of the busiest stretches of third-quarter earnings season, with roughly a third of S&P 500 companies set to report this week, as investors watch corporate results for signs of resilience amid cautious market sentiment.

Economic releases today
Time (ET)ReleaseActualConsensusPrior
8:30 AM ETChicago Fed National Activity Index (Sep)—-0.1-0.04
10:30 AM ETDallas Fed Manufacturing Index (Oct)—79.8

Source: Economic calendar

S&P 500 companies reporting today
StockCompanyEPS estimateEPS reported
AREAlexandria Real Estate Equities$-0.03Not yet
BROBrown & Brown$1.09Not yet
CDNSCadence Design Systems$2.05Not yet
CINFCincinnati Financial$2.05Not yet
HIGHartford (The)$3.17Not yet
NUENucor$5.84Not yet
PFGPrincipal Financial Group$2.43Not yet
PSAPublic Storage$2.49Not yet
VZVerizon$1.27$1.31
WELLWelltower$0.64Not yet

Source: Company earnings calendar · "Not yet" means the company had not reported when this was written.

The latest graded results

In the latest graded recap, names screened before the open on Thursday, October 22, 2026 moved further by the close: Lockheed Martin gained nearly 2% from the open to the close after rising almost 4% before the open, Dow Inc. added about 2.6% over the session following a premarket gain of roughly 4.4%, and Procter & Gamble rose close to 2.4% from open to close after an early move of about 2.8%.

Graded results for Thursday, October 22, 2026
StockPre-market moveOpen to closeBest move after the open
LMT+3.99%+1.85%+6.01%
DOW+4.44%+2.61%+0.28%
PG+2.76%+2.39%+3.55%

Source: WiseView pre-market screen, graded at the close · Results for a past session, shown as graded. Not a forecast for today.

Sources

How this was made

Built from WiseView and market data, with reporting from the sources above. Drafted with AI assistance and reviewed by an editor before publishing. How this report is made

For information only, not investment advice.

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