Published Nov 3, 2026, 4:22 PM ET
On November 3, 1 of the 8 tracked indices was above their 50-day average. Shopify fell 8.7% and Oracle rose 5.8%, the biggest moves with a cause on record.
Market Anatomy as drawn for the share card of Tuesday, November 3, 2026. The same picture is on its share card.
Today's standout, the names around it and how it sits against the market. Tap a name, a sector or an index to move.
Today's relationship
Shopify made the largest move with a cause on record.
SHOP · close 142.57
2026-11-03: Shopify shares fall 9% after third-quarter revenue and merchandise volume miss estimates
News event dated 2026-11-03, CNBC Top News: Shopify shares fall 9% after third-quarter revenue and merchandise volume miss estimates
Moved 8.7%, at or above the 3% floor for this strip
Stored daily closes.
Nearest connections
Stored cause
2026-11-03: Shopify shares fall 9% after third-quarter revenue and merchandise volume miss estimates
Sector
Technology. Sector by SEC SIC code, mapped by us: SIC 7372, Services-Prepackaged Software. The Technology fund moved +1.31%, 1 of 11 sectors.
Movers in the same sector
Same sector, same session, not a measured link.
Against the market
Shopify moved -8.74% on the session, 8.97 points behind the Russell 2000.
Outside the S&P 500 holdings file dated 2026-11-02.
Its sector
Largest Technology names in the S&P 500, file dated 2026-11-02
Indices
Weights, ranks and sectors come from the stored holdings files: S&P 500 (dated 2026-11-02), Dow 30 (dated 2026-11-02), S&P MidCap 400 (dated 2026-11-02), S&P SmallCap 600 (dated 2026-11-02). A sector taken from the SEC SIC code is mapped by us and says so beside it.
The day's board
13%
1 of 8 tracked indices above their 50-day average
Counted over ^GSPC, ^IXIC, ^DJI, ^RUT, ^FTSE, ^N225, ^GDAXI, 000001.SS. This is a reading across whole market indices, not a count of the companies inside any one of them.
Today's movers
Sectors, one session
Each bar is scaled against the widest move of the day. Tap a sector to see its largest names.
The S&P 500 rose 0.36% while the equal weight fund fell 0.33%, a gap of 0.69 points. The index again moved apart from the average constituent, now in the opposite direction from last time.
The Nasdaq Composite rose 0.83% and the Dow fell 0.38%, with the Russell 2000 up 0.24%. Only 1 of 8 tracked indices is above its 50-day average, down from 2 last time, so participation stays thin.
Technology rose 1.31% and Communication Services 1.18%, while Consumer Staples fell 2.07% and Materials 2.01%. That is a spread of 3.38 points between the top and bottom sectors, with the VIX down 1.70% to 20.79.
Reddit's 5.68% gain sits beside XLC at +1.18%, which the coded cause says covers all but 4.51 points. Coinbase rose 5.53% while XLF fell 0.64%, a gap of 6.17 points against its own fund.
Capitalisation weighted, so a move in the largest companies moves it more than a move in the smallest.
Every Nasdaq listing, weighted by capitalisation and heavy in technology.
Thirty names weighted by price rather than by capitalisation, so it can disagree with the S&P for arithmetic reasons alone.
Small capitalisation names. Read against the S&P, it is the size half of how broad a day was.
The same five hundred companies weighted equally, so the largest names count no more than the smallest. Read against the cap-weighted index, the gap is how much of the day belonged to the biggest companies.
The cap-weighted index outran the equal-weighted one, so the largest companies carried more of the session than their number.
This system's own composite of up to seven stored inputs, 0 (extreme fear) to 100 (extreme greed), computed after each close; not CNN's index (work item #699). Context for whether sentiment confirms the tape or contradicts it.
Expected thirty day volatility from S&P 500 options. Rising with the index is the contradiction worth seeing.
Built in code from the movers whose evidence did not resolve, so no written summary can shorten this list.
Read for this move: the stored stories naming Iren, its filings and corporate actions, over the 7 days to 2026-11-03.
Moved 11.1%, at or above the 3% floor for this strip
2026-11-03: Shopify shares fall 9% after third-quarter revenue and merchandise volume miss estimates
News event dated 2026-11-03, CNBC Top News: Shopify shares fall 9% after third-quarter revenue and merchandise volume miss estimates
Moved 8.7%, at or above the 3% floor for this strip
Moved 8.7%, at or above the 3% floor for this strip
Moved 7.2%, at or above the 3% floor for this strip
Moved 6.5%, at or above the 3% floor for this strip
2026-11-02: Oracle files to sell $20 billion in new stock and bonds for AI buildout
News event dated 2026-11-02, CNBC Top News: Oracle files to sell $20 billion in new stock and bonds for AI buildout
Moved 5.8%, at or above the 3% floor for this strip
Moved 5.7%, at or above the 3% floor for this strip