Consumer Discretionary leads and energy lags at midday

Among the eleven SPDR sector funds, Consumer Discretionary (+2.8%) and Financials (+2.0%) lead, and Energy (−2.5%) and Technology (−0.9%) lag: a 5.3-point spread from best to worst. SPY is up 0.4% and QQQ up 0.2% at 12:31 PM ET. Marvell Technology is down 8.8% after the company reported quarterly results today (8-K Item 2.02). The premarket direction is holding: SPY was up 0.4% at 8:15 AM ET. Etsy (+6.4%) and DoorDash (+6.3%), two internet companies, are higher, and neither has a verified company catalyst since Friday's close. Of the Morning's 4 tests, 3 are holding so far and 1 is still open. After the close, Palantir, Vertex Pharmaceuticals, Williams Companies, Inc. (The), and Diamondback Energy are listed to .

SPY is up 0.4% and QQQ up 0.2% at 12:31 PM ET versus the prior close. IWM is up 0.8%.

Sector funds range from Consumer Discretionary (+2.8%) to Energy (−2.5%); 8 of 11 are higher.

Leaders: Consumer Discretionary (XLY) +2.8%; Financials (XLF) +2.0%; Materials (XLB) +2.0%.

Laggards: Energy (XLE) −2.5%; Technology (XLK) −0.9%; Health Care (XLV) −0.2%.

157 of the 225 large companies Blockhaven tracks are higher and 68 lower. This is not market-wide breadth.

• MRVL Marvell Technology is down 8.8% after the company reported quarterly results today (8-K Item 2.02). That is 7.9 points behind the Technology fund (XLK, −0.9%).
• RIVN Rivian is up 9.8%. No verified catalyst identified. That is 7.0 points ahead of the Consumer Discretionary fund (XLY, +2.8%).
• ORCL Oracle is down 6.4%. The company also disclosed a securities offering prospectus supplement (Form 424B5) today; a link to the move is not established. It was down 2.9% premarket, so the move has extended since the open. That is 5.4 points behind the Technology fund (XLK, −0.9%).
• MPWR Monolithic Power is up 6.4%. No verified catalyst identified. That is 7.4 points ahead of the Technology fund (XLK, −0.9%).
• ETSY Etsy is up 6.4%. No verified catalyst identified. That is 6.0 points ahead of SPY (+0.4%). DoorDash, another internet company, is also up 6.3%.

The Morning edition set 4 tests; each is checked against this observation, and the session is not over.

• Still open: Apple is listed to report after the close. Still ahead: the results arrive after today's close, so the Closing edition and the next Morning cover them.
• Holding so far: Whether Oracle stays below Friday's $130.67 close. ORCL was at $122.35 at 12:31 PM ET, 6.4% below the $130.67 level the Morning named.
• Holding so far: Whether IDEXX Laboratories stays above Friday's $551.21 close. IDXX was at $660.72 at 12:31 PM ET, 19.9% above the $551.21 level the Morning named.
• Holding so far: Whether SPY holds above Friday's $755.72 close. SPY was at $758.69 at 12:31 PM ET, 0.4% above the $755.72 level the Morning named.

The VIX stood at 19.08 at 12:15 PM ET, down 0.34 points on the day. This is Cboe's delayed quote, not a close.

Treasury publishes one official yield reading a day, after the session; Blockhaven does not report an intraday yield, so rates are not described here.

What remains for the rest of the session.

1. After the close: Palantir, Vertex Pharmaceuticals, Williams Companies, Inc. (The), and Diamondback Energy are listed to : Results after the close reach the market after the regular session, so they bear on the next open; timing is a calendar listing.

• The session is not over: a midday reading can change by the close, and nothing here is a forecast of it.
• Moves with no verified catalyst are reported, not explained.
• Blockhaven's Macro read is computed once a day and is not recomputed intraday, so it is not used here.

Observation 12:30 PM ET on Monday; data through 12:31 PM ET. Prices are delayed last trades from Nasdaq's public quotes, not closes.

This edition was compiled and published automatically from public sources under Blockhaven's standing editorial policy for intraday editions, at 12:31 PM ET on Mon, Nov 2, 2026, exactly as generated; an editor did not review it individually before release. It describes what has happened and is not a forecast or investment advice.

1. Nasdaq, Nasdaq market activity (quotes), accessed 2026-11-02
2. U.S. Securities and Exchange Commission, SEC EDGAR company filings, accessed 2026-11-02
3. U.S. Census Bureau, Economic indicators calendar, accessed 2026-11-02
4. Cboe Global Markets, Cboe delayed quotes, accessed 2026-11-02