Markets digest, 4 November 2026: Dow and Nasdaq rise, Bitcoin climbs and Treasury sets its refunding

The Dow Jones Industrial Average and the Nasdaq Composite both rose on Wednesday 4 November, Bitcoin rose on Coinbase, and the euro strengthened against the dollar. The Treasury set out a $125 billion quarterly refunding.

Stocks

The Nasdaq Composite closed at 25,736.510, up from 25,372.010 on Tuesday, and the Dow at 53,356.12, up from 51,786.72. FRED had not yet published Wednesday’s S&P 500 close; on Tuesday it closed at 7,568.92, up from 7,541.40 on Monday. Separately, the Treasury said it will auction 3-year, 10-year and 30-year securities next week (read our brief).

Crypto

Bitcoin ended Wednesday at $80,420.06 on Coinbase, up from $76,934.21 on Tuesday. Ether ended at $2,416.13, up from $2,263.32.

Futures and options

FRED had not published Wednesday’s VIX close at the time of writing; on Tuesday it closed at 20.83, down from 21.15 on Monday. The CFTC and the US Department of Agriculture announced an agreement to share information on agricultural markets (read our brief).

Energy and commodities

FRED’s latest oil and gas prices are for Tuesday 3 November: WTI at $99.64 a barrel, down from $100.06 on Monday, Brent at $107.03, down from $107.39, and Henry Hub natural gas at $2.63, up from $2.54. The EIA’s weekly report put commercial crude stocks at 409.760 million barrels in the week ending 30 October, down from 410.625 million, and distillate stocks at 99.259 million, down from 102.824 million.

Metals

There were no official metals releases on Wednesday. The latest is the World Gold Council’s third-quarter demand report (read our brief).

Forex

The ECB’s euro reference rate against the dollar was 1.1267, up from 1.1179 on Tuesday. The euro was quoted at 0.8346 pounds, up from 0.83358, and at 178.3 yen, up from 176.95.

On the calendar

The Bank of England published its rate decision today, raising Bank Rate to 4% (read our brief). The EIA’s weekly natural gas storage report is also due today.