How the major indexes closed
U.S. stocks finished modestly lower on Tuesday, with the Dow leading the declines. According to TheStreet's closing wrap, the Dow Jones Industrial Average ended at 51,670.10, down 180.45 points or 0.35%. The S&P 500 closed at 7,805.45, down 1.79 points or 0.02%, and the Nasdaq Composite at 27,204.38, down 41.52 points or 0.15% [1]. The small-company Russell 2000 fell 0.30% to 2,786.13 [1].
Reuters' report, based on preliminary closing data, put the three indexes within a fraction of a point of those levels and described a similar pattern [2]. Declining stocks outnumbered advancing ones, and TheStreet noted that 56% of U.S. issues fell, with energy and utilities leading S&P 500 sectors while health care and technology lagged [1].
These are cash-index closing values for the regular session, not futures or prices.
Banks report, chips slide
JPMorgan Chase, Goldman Sachs, Citigroup and Wells Fargo all reported before the opening bell. Reuters said Goldman Sachs and Citigroup topped profit estimates and that Wells Fargo's missed estimates, while JPMorgan posted what Reuters called a rare profit miss [2]. TheStreet reported JPMorgan's net income rose 6% to $15.3 billion, or $5.57 a share, below analysts' forecast of $5.90, on revenue of $50.2 billion [1]. Goldman Sachs reported profit of $5.29 billion, or $17.01 a share, against LSEG analyst expectations of $13.02, with equities-trading revenue up 72% to $6.44 billion [1].
Share reactions were mixed. In afternoon trading Reuters had Citigroup down 4.1%, Wells Fargo down 2.2% and Goldman Sachs up 0.2%, while JPMorgan swung between gains and losses [2]. Those were intraday readings; the sources reviewed did not give final closing moves for the bank stocks.
Chip stocks stayed under pressure. Reuters reported the PHLX chip index fell for a fifth straight session and has lost more than 8% over those five sessions, after Broadcom CEO Hock Tan likened some of the money flowing into the sector to casino gambling and as reports of technical progress by a Chinese memory-chip maker revived competition worries [2]. TheStreet reported Micron Technology down 5.19% on those competition concerns [1]. Reuters also noted Apple hit an intraday record high [2].
The Fed and what is next
Boston Fed President Susan Collins said in remarks prepared for a banking conference that she expects it will be appropriate to raise rates a bit further before the end of the year, depending on incoming data. Reuters noted the Fed raised its policy rate to a range of 3.75%-4.00% last month and that its next meeting is October 27-28 [3]. This is one official's stated view, not a decision.
Oil settlement prices and a closing 10-year Treasury yield were not available from the sources reviewed for this report, so they are left out rather than estimated.
What remains uncertain
Index closing values come from TheStreet's closing wrap and differ slightly from Reuters' preliminary figures; final vendor values may differ by a small amount. Bank share moves are afternoon readings, not closing moves. Earnings details are as reported by the cited outlets, not checked against the companies' filings. Oil settlements and the closing Treasury yield were not verified.
Sources
- [1] TheStreet · Stock Market Today (Oct. 13, 2026) · closing levels, bank results, movers, oil ↗Source
- [2] Reuters · Nasdaq ends down as chipmakers fall and bank earnings roll in · preliminary closes, chips, bank reactions (afternoon-updated version) ↗Source
- [3] Reuters · Fed's Collins sees another rate hike on the table before end of 2026 · Collins remarks, policy rate, meeting dates ↗Source