Geopolitics Alpha

S&P 500 Today: Index Falls to 7,695.25 as Alphabet’s Record Sell-Off Overshadows a 3.4% GDP Beat

Published . Updated .

S&P 500 Today: Index Falls to 7,695.25 as Alphabet’s Record Sell-Off Overshadows a 3.4% GDP Beat

The S&P 500 snapped a three-day winning streak on Thursday, 29 October 2026, as Alphabet suffered the worst day in its history after a third-quarter miss, overshadowing a stronger-than-expected 3.4% US growth print, in-line PCE inflation and a rally in health care stocks.

Directly affected

  • GOOGL Alphabet-21.2% 30d

    Named in this report.

Indirectly affected

  • TIP iShares TIPS Bond ETF-0.5% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • XLP Consumer Staples Select Sector SPDR-4.0% 16d

    Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • XLV Health Care Select Sector SPDR

    Health Care Select Sector SPDR: it holds drugmakers and health companies. Linked by “health care” (pharma and health) in this story.

  • WMT Walmart+14.9% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • COST Costco Wholesale+12.7% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • PG The Procter & Gamble+10.6% 30d

    The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • KO The Coca-Cola+8.0% 30d

    The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • LLY Eli Lilly and+21.6% 30d

    Eli Lilly and (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “health care” (pharma and health) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
GOOGLNo price data for this ticker———————
TIPNo price data for this ticker———————
XLPNo price data for this ticker———————
XLVNo price data for this ticker———————
WMTNo price data for this ticker———————
COSTNo price data for this ticker———————
PGNo price data for this ticker———————
KONo price data for this ticker———————
LLYNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

S&P 500 Today: Index Falls to 7,695.25 as Alphabet’s Record Sell-Off Overshadows a 3.4% GDP Beat BBN Times

Source: BBN Times

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Spdr Dow Jones Industrial Average Etf Trust (DIA)

Companies mentioned with this story

  • DIA Spdr Dow Jones Industrial Average Etf Trust

    For “S&P 500 Today: Index Falls to 7,695.25 as Alphabet’s Record Sell-Off Overshadows a 3.4% GDP Beat,” Spdr Dow Jones Industrial Average Etf Trust (DIA) is linked, with no stored direction, medium confidence. Reason on file: SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story

  • QQQ Invesco Qqq Trust, Series 1

    For “S&P 500 Today: Index Falls to 7,695.25 as Alphabet’s Record Sell-Off Overshadows a 3.4% GDP Beat,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story

  • IWM Ishares Tr

    For “S&P 500 Today: Index Falls to 7,695.25 as Alphabet’s Record Sell-Off Overshadows a 3.4% GDP Beat,” Ishares Tr (IWM) is linked, with no stored direction, medium confidence. Reason on file: iShares Russell 2000 ETF: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story

  • RSP Invesco Exchange Traded Fd T

    In “S&P 500 Today: Index Falls to 7,695.25 as Alphabet’s Record Sell-Off Overshadows a 3.4% GDP Beat,” Invesco Exchange Traded Fd T (RSP) is linked, with no stored direction, medium confidence. Reason on file: Invesco S&P 500 Equal Weight ETF: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story

  • VTI Vanguard Index Fds

    For “S&P 500 Today: Index Falls to 7,695.25 as Alphabet’s Record Sell-Off Overshadows a 3.4% GDP Beat,” Vanguard Index Fds (VTI) is linked, with no stored direction, medium confidence. Reason on file: Vanguard Total Stock Market ETF: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story

Spdr Dow Jones Industrial Average Etf Trust (DIA)

The 31 Oct 2026 story “S&P 500 Today: Index Falls to 7,695.25 as Alphabet’s Record Sell-Off Overshadows a 3.4% GDP Beat” names Spdr Dow Jones Industrial Average Etf Trust (DIA) because of this story.

For Spdr Dow Jones Industrial Average Etf Trust (DIA), the reason on file says SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story

A second company, Invesco Qqq Trust, Series 1 (QQQ), is listed for a different reason: Invesco QQQ: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story

Dates in the story, and the Spdr Dow Jones Industrial Average Etf Trust (DIA) price range

DIA traded between 504.92 and 522.62 across 20 sessions. The latest close on file is 515.65. IWM traded between 269.88 and 285.25 across 20 sessions. The latest close on file is 279.37. QQQ traded between 683.47 and 762.84 across 19 sessions. The latest close on file is 690.54.

How strong the case is around Spdr Dow Jones Industrial Average Etf Trust (DIA)

40 out of 100

“S&P 500 Today: Index Falls to 7,695.25 as Alphabet’s Record Sell-Off Overshadows a 3.4% GDP Beat” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.