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Bill Baruch’s Update: QQQ stalls, XLK drags SPY, XLC, XLP, XLF & Election outlook

Barchart·11/02/2026 18:13:59
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Rebound fizzled out. $QQQ couldn’t clear Fridays opening bell highs and $XLK drove $SPY lower. Ugly reversal but $XLC $XLP $XLF $XLI did great led by names like $AMZN $BRKB $WMT $GE. $AAPL $PLTR off slightly after reporting. Election Day tomorrow.

Bill Baruch — Founder & CIO of Blue Line Capital, weekly contributor on CNBC's Halftime Report — brings you inside his market thinking every day. Stock news, market movements, geopolitical news- straight from his desk to your feed. 

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