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How the Nasdaq reacted to the trade balance, 4 Nov 2026

Trade Balance (International Trade) · Wednesday 4 Nov 2026, 08:30 ET · Census Bureau

In the thirty minutes after the trade balance on 4 Nov 2026, the Nasdaq 100 swung 0.39% from its high to its low, larger than the typical 0.20% across all 37 the trade balance releases measured here (the 9th largest). It ended the half hour up 0.00% from the release price.

What printed

-105.0B
printed
-107.9B
forecast
▲ 2.9B
against the forecast

The headline figure as it read on the day; for price indexes the seasonally adjusted change from the prior month. The gap to the forecast is in percentage points (pp) where both are percentages.

Minute by minute

afterNasdaq 100S&P 500usual distance
1 minute-0.18%-0.10%0.03%
5 minutes+0.01%+0.02%0.05%
15 minutes+0.09%+0.15%0.08%
30 minutes0.00%+0.23%0.07%
1 hour+0.08%+0.18%0.13%
2 hours+1.42%+0.62%0.45%
Swing, first 30 min0.39%0.38%0.20%

Signed moves from the release price, in percent. Usual distance is the median size of the Nasdaq move at that mark across all 37 the trade balance releases, without its sign; the swing row compares like with like.

The first hour

+0.23%-0.23%
-15 minrelease+30 min+60 min

The Nasdaq 100 index CFD, one-minute bars, as percent from the last price before the release. Above the centre line is up.

← the trade balance, 6 Oct 2026
All 37 the trade balance releases, the averages and the method →

A record of what happened, not a forecast. Measured on Nasdaq 100 and S&P 500 index CFDs, one-minute bars; see the methodology.

Releases: Core Personal Consumption Expenditures (Core PCE) Consumer Price Index (CPI) Durable Goods Orders Fed Rate Decision (FOMC) Gross Domestic Product (GDP) Housing Starts and Building Permits Import and Export Prices Job Openings and Labor Turnover (JOLTS) New Home Sales Nonfarm Payrolls (NFP) Producer Price Index (PPI) Productivity and Unit Labor Costs Retail Sales Trade Balance (International Trade)