Stocks Slide Sharply as VIX Surges on Nov. 5, 2026

U.S. equities fell sharply on Nov. 5, 2026, as all four major indexes closed lower. The Nasdaq Composite dropped 5.52% to 24,314.998, leading declines, while the S&P 500 lost 4.36% to 7,353.73. The Russell 2000 fell 4.48% to 2,728.9812, and the Dow Jones Industrial Average declined 3.44% to 51,523.06. The VIX rose 64.81% to 27.46.

Top Movers

Among the listed gainers, AMPGZ jumped 257.14% to $0.03, LABT rose 182.45% to $0.5406, and AEHL advanced 178.15% to $17.44. ALDFW gained 118.63% to $0.23, while BBAI.WS added 76.77% to $0.035.

Decliners included DAVEW, down 77.91% to $0.1701, and CDLR, which fell 71.36% to $7.40. CINGW lost 62.86% to $0.0013, SNWV dropped 60.73% to $2.25, and CDROW declined 60.4% to $0.0396.

Most Active

LABT led the session by volume, with 712.7 million shares traded. SOXL followed at 512.3 million, and BDMD recorded 357.8 million. NVDA traded 301.2 million shares, while INTC saw volume of 263.5 million.

Most Talked About

GS led news mentions with seven, comprising four positive and three neutral items. DB had six mentions—five positive and one neutral. MSFT also had six, split between three positive and three neutral, while JPM’s six mentions included one positive and five neutral. PTSB had five mentions, with one positive and four neutral. BNP’s five were two negative, two neutral and one positive; AAPL’s five were two positive, two negative and one neutral. SHL also had five: two positive, one negative and two neutral.

Earnings Watch

Scheduled earnings reports included the following analyst EPS estimates and stock moves for the day. Actual reported EPS was not provided, so the figures below describe estimates and price reactions only.

• COP: estimate $2.97; shares fell 1.12%.
• SONY: estimate $0.38; shares rose 6.13%.
• PH: estimate $8.23; shares fell 1.91%.
• SO: estimate $1.71; shares rose 0.21%.
• NET: estimate $0.02; shares fell 7.96%.
• DUK: estimate $1.87; shares rose 0.5%.
• CNQ: estimate $1.05; shares fell 1.49%.
• MNST: estimate $0.30; shares fell 1.89%.
• CMI: estimate $8.38; shares fell 5.08%.
• ABNB: estimate $2.86; shares fell 3.54%.

Market Sentiment

Across 1,782 articles, coverage included 805 positive, 265 negative and 712 neutral items. Positive articles were the largest category, though neutral coverage was also substantial and negative stories made up the smallest share. The article-level split contrasts with the broad declines in the major indexes; it does not establish what drove the market moves.

With indexes sharply lower and the VIX markedly higher, the session ended on a cautious note. Investors will continue to assess market moves and the scheduled earnings reports as further information becomes available.