U.S. stocks advanced on October 28, 2026. The Nasdaq Composite rose 1.18% to 26,477.81, the S&P 500 gained 0.60% to 7,722.6, and the Dow edged up 0.03% to 52,377.57. Tesla climbed 4.04%, while Meta fell 1.64%. December crude oil futures rose 1.45% to $101.35; December gold futures slipped 0.35% to $4,060.3.
Key headlines pointed to inflation concerns, including the end of tariff refunds, and expectations that the Federal Reserve will keep interest rates steady in its last decision before the midterms. Other coverage highlighted rallies in Micron Technology and SK hynix ADR shares, while Endesa reported a 27% decline in third-quarter net income.
Watch the Fed's rate decision and any signals about its inflation outlook. Oil's rise also puts energy costs in focus. Among major technology stocks, watch whether gains broaden: Amazon, Alphabet, Apple and Nvidia advanced, while Microsoft and Meta declined.