Published Monday, Nov. 2, 2026 · For Tuesday, Nov. 3 · By Juan Reina · All times ET.
Tuesday at a glance
- Election Day: markets are open normal hours (9:30 a.m.–4 p.m. ET). Midterm results arrive overnight, so the bigger move is more likely Wednesday.
- AMD after the bell (4:15 p.m.): consensus EPS $1.95 on $13.09B revenue — after a 7.5% drop Monday. The guide matters more than the quarter.
- Apple and Palantir: down about 2.7% and 2.9% after hours on Monday.
- Futures (6:47 p.m. ET Monday): S&P 500 +0.1%, Nasdaq 100 +0.3%.
- Premarket reports: Shopify, Pfizer, Eaton, Marathon Petroleum.
Where we start
The S&P 500 closed Monday at 7,541.40 (−0.51%), the Nasdaq at 25,164.32 (−1.07%) and the Dow at 51,983.98 (+0.41%). The Nasdaq 100 sits about 10% below its record. Full recap: stock market close, Nov. 2.
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Open TradingView → · Affiliate linkMidterms and markets
All 435 House seats and about a third of the Senate are on the ballot. Investors care less about which party wins than about the shape of Congress in 2027 — divided government usually means fewer big tax or spending changes, while one-party control raises the odds of fiscal and tariff shifts. Historically, volatility has tended to ease once the uncertainty is resolved, though past patterns don’t guarantee anything.
Earnings before the open
| Company | Time (ET) | EPS est. | Revenue est. |
|---|---|---|---|
| Shopify (SHOP) | 7:00 a.m. | $0.46 | $3.74B |
| Pfizer (PFE) | 6:45 a.m. | $0.73 | $15.85B |
| Eaton (ETN) | 6:30 a.m. | $3.54 | $8.53B |
| Marathon Petroleum (MPC) | 6:45 a.m. | $25.37 | $46.60B |
| Apollo (APO) | 6:30 a.m. | $2.19 | $5.79B |
| Fiserv (FISV) | 7:00 a.m. | $1.72 | $4.85B |
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Try Koyfin → · Affiliate linkEarnings after the close
| Company | Time (ET) | EPS est. | Revenue est. |
|---|---|---|---|
| AMD | 4:15 p.m. | $1.95 | $13.09B |
| Arista (ANET) | 4:05 p.m. | $1.08 | $3.33B |
| Super Micro (SMCI) | 4:05 p.m. | $1.20 | $16.02B |
| Amgen (AMGN) | 4:00 p.m. | $5.79 | $10.07B |
| Booking (BKNG) | 4:00 p.m. | $4.49 | $9.55B |
| Block (XYZ) | 4:05 p.m. | $1.03 | $6.58B |
Consensus estimates compiled by Newsquawk.
Why AMD is the big one
AMD fell 7.52% to $466.84 on Monday amid the chip selloff. For the quarter, Wall Street expects $13.09 billion in revenue and $1.95 in adjusted EPS. Next-quarter consensus sits near $16.31 billion, implying steep AI-driven acceleration — so the guide will likely decide the stock. Arista, Super Micro and Astera Labs report the same evening, giving a broader read on data-center spending.
Rest of the week
- Wednesday: election reaction.
- Through the week: more tech earnings and big-tech bond sales (Alphabet plans a €6 billion deal).
- Friday, 8:30 a.m.: October jobs report, with about 55,000 jobs expected.
- The Fed: futures price roughly a 76% chance of a December rate hike.
What it means for your money
Election-week swings can be sharp but short. For long-term 401(k) and IRA savers, the bigger variables remain AI earnings and the Fed’s path. If you hold Colombian assets, watch Ecopetrol (EC), which fell 5.9% Monday on the oil drop — see the Colombia outlook for Tuesday.
📈 Set alerts on AMD and the S&P 500 before earnings
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FAQ
Is the stock market open on Election Day, Nov. 3, 2026?
Yes. U.S. stock markets are open regular hours, 9:30 a.m. to 4 p.m. ET.
When does AMD report earnings?
Tuesday, Nov. 3, at about 4:15 p.m. ET, after the close.
What are AMD’s earnings expectations?
About $13.09 billion in revenue and $1.95 in adjusted EPS for the quarter.
When is the October jobs report?
Friday, Nov. 6, at 8:30 a.m. ET; economists expect about 55,000 jobs.
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