Weekly Analysis: DAX Sets the Tone for the Week (+2.2%) · October 26–30, 2026

Published Oct 31, 2026 · Closing prices through Oct 30, 2026 · Data and methodology: Alysly · Responsible for content: Alexander Bock

Weekly Analysis: DAX Sets the Tone for the Week (+2.2%) · October 26–30, 2026

The trading week of October 26–30, 2026, in review: 31 of 94 tracked assets (33%) finished the week higher, with the major equity indices moving -0.3% on average over the week. The S&P 500 lost 0.6%, its third losing week in a row.

What Stands Out

Measured against our own price history, one reading stands out:

  • 44 of the tracked US stocks closed Friday at a 52-week high, more than in any of the previous 12 weeks (which peaked at 43).

Data note 1

Weekly Barometer

On average, crypto assets led at +2.1%, while precious metals came last at -2.8%. 8 of 18 equity indices rose, as did 19 of 61 crypto assets.

33%higher
  • 31 up
  • 62 down
  • 1 unchanged
Average weekly change per asset class
Average weekly change per asset class
Asset classBarWeek
Equity indices8 of 18 up-0.3%
Crypto19 of 61 up+2.1%
Precious metals1 of 4 up-2.8%
Commodities1 of 5 up-1.2%

Where the Major Markets Stand

The DAX had the largest weekly gain at +2.2%, the S&P 500 Information Technology the largest loss at -2.0%. The S&P 500 came in at -0.6%, the Euro STOXX 50 at +0.7% and the MSCI Emerging Markets at -1.6%.

In 89 of the 119 weeks before, the S&P 500 moved at least as much as it did this week (-0.6%), in either direction. That describes our series since Jul 12, 2024, and is not a probability for coming weeks.

Highest and lowest weekly change among 18 indices
Highest and lowest weekly change among 18 indices
IndexBarWeek
DAX+2.2%
MSCI Europe+1.5%
Russell 2000+1.3%
Nikkei 225+1.0%
MSCI EMU+0.8%
MSCI Emerging Markets-1.6%
Nasdaq 100-2.0%
MSCI EM IMI-2.0%
Nasdaq Composite-2.0%
S&P 500 Information Technology-2.0%
Major markets: week, year to date and distance from the 52-week high
MarketWeek2026From 52-Week High
MSCI World-0.3%+10.2%-3.2% (high of Aug 13, 2026)
S&P 500-0.6%+10.8%-3.0% (high of Oct 6, 2026)
DAX+2.2%-2.4%-6.7% (high of Aug 28, 2026)
Gold+0.6%-7.1%-24.7% (high of Jan 29, 2026)
Bitcoin-3.5%-11.7%-30.0% (high of Nov 2, 2025)

All of the week's figures are in the overviews for indices, stocks, crypto, commodities, precious metals and FX.

What Large Market Participants Reported

At 3 companies, at least three different executives, directors or major shareholders reported an open-market purchase in the 30 days to Friday. The trades reported over the past 30 days are listed in the markets overview. Such a cluster says nothing about where the price goes next.

Real Assets Next to the Markets

9 auction sales were recorded this week. The top lot was the Lamborghini Diablo at $1,063,000. The individual sales and their price range are on the real asset pages.

Over twelve months, the range runs from +243.1% (Trading card price index) to -28.6% (Bitcoin); the reference dates are shown at each bar.

Change from the level one year earlier
Change from the level one year earlier
SeriesBar12 months
Trading card price indexas of Sep 28, 2026+243.1%
S&P 500as of Oct 30, 2026+11.2%
MSCI Worldas of Oct 30, 2026+10.8%
Euro area home pricesas of Jun 30, 2026+3.8%
US home pricesas of Aug 1, 2026+2.4%
Goldas of Oct 29, 2026+0.8%
German home pricesas of Jun 30, 2026+0.6%
Bitcoinas of Oct 30, 2026-28.6%

Data note 2

Official Dates in the Following Week

  • : ADP employment report (US)
  • : US initial jobless claims
  • : US jobs report

Officially confirmed dates only; the economic calendar lists more.

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