Market Update US, Europe & Asia

Market Update US, Europe & Asia FSA Competence Center Equities | 13 October 2026 | Page 1 of 12

Equity Market Previous Close 1-Day (%) 1-Day (Chg) WTD MTD QTD YTD 12-Month US Dow Jones Nasdaq Mexico Brazil 209066.90 n.a. n.a. Europe UK France Germany Spain Switzerland Japan 69030.92 n.a. n.a. - Hong Kong China India

Commodities Last 1-Day (%) 1-Day (Chg) WTD MTD QTD YTD 12-Month Volatility Gold Oil Thomson Reuters/Core Commodity Bloomberg Commodity Index USD/JPY EUR/USD GBP/USD EUR/CHF

Fixed Income 2s10s 10y Swap 2y 5y 10y Core Indicators (bps) Spread US Germany UK Japan -

U.S. Markets Recap US -0.06% | Nasdaq -0.44% | Dow +0.38%

Synopsis  US equities closed mixed Monday, with the S&P 500 holding within a tight 25-point range across the session and the Russell 2000 down 0.45%. Breadth was solid: S&P gainers outnumbered decliners for the seventh time in the past eight sessions, and the equal-weight S&P ended up but not by much more than the cap-weighted index. The AI trade was weaker, with semis and memory selling off, while big tech was mixed and Meta Platforms (META-US) was an upside standout. Laggards included software (particularly cybersecurity), network- ing/communications, E&Cs, airlines, biotech, diversified chemicals, containerboard, homebuilders, autos/suppliers, China tech, nuclear and quantum computing (IONQ-US). Outperformers included energy, managed care, hospitals, MedTech, banks (particularly regionals), insurers, payments, rails, food/beverage, HPCs and telecom. The Treasury market was closed for the holiday. The dollar index was up 0.4%, gold finished down 0.6%, silver was down 0.9%, bitcoin futures were up 0.5% though came off best levels, and WTI crude settled up 2.1%, near session highs. Single-stock news centred on deals and trial data: BMY-US was weaker on mixed trial data, SBUX-US said it is not buying CMG-US, ON-US sweetened its deal for SYNA-US in response to an unsolicited rival bid from CRUS-US, IONQ-US is buying

Market Update US, Europe & Asia FSA Competence Center Equities | 13 October 2026 | Page 2 of 12

cybersecurity firm Elisity for up to $1.3B in stock, BLCO-US announced a CEO transition, The Information reported that IREN-US and Anthropic have entered a multiyear cloud deal, GTCR and Elliott are in talks to acquire CCC-US, and media reports said BMBL-US is in talks to be taken private. Trading was quiet ahead of a number of potential high-profile catalysts, including big bank earnings, semi earnings (ASML-US, TSM-US), inflation data (CPI, PPI) and remarks from Fed Chair Warsh, with nothing on the economic calendar Monday. Strategist commentary also pointed to depressed positioning outside tech and the Mag 7.

Macro  Middle East hostilities escalate: Weekend Houthi strikes on Saudi airport facilities killed 14 and injured more than 300 (Reuters), and the Saudi-led coalition reported overnight interceptions of inbound missiles and drones near key oil and gas infrastructure (Bloomberg). President Trump said the US is evaluating whether to join Saudi Arabia in a military response against the Houthis, though analysts warned an intervention could stretch US regional military assets (CNBC). On the Iran track, Tehran is reviewing a US counterproposal on terms for reopening the Strait of Hormuz, but negotiations remain stalled over Washington's insistence on prioritizing Iran's nuclear program versus Tehran's demand for an immediate strait reopening (Reuters). Iran separately offered to reopen the strait within seven days if the US accepted its demands, including release of frozen assets, lifting of oil sanctions and ending the naval blockade, and called the US re- sponse insufficient, while the IRGC claimed to have hit another tanker transiting the strait and vowed to continue strikes against ships (Reuters).  Diesel eases on the Russia deal and ceasefire claim: Global diesel prices were lower Monday after President Trump announced on Sunday an energy ceasefire between Russia and Ukraine (FT), following Friday's agreement with Moscow on Russian diesel. The deal involves immediate supply of 1Mt and a further 3Mt over a short period (Axios), and Russia partially lifted its diesel ban to allow supply of…