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WHAT MOVED THE MARKET TODAY
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Magnificent Seven

7 stocks · cap-weighted, ETF-derived weights · Oct 9, 2026 close
73.73
+12.59 (+20.59%)
MAGS 73.73 · +12.6 pts (+20.59%) 6M
1D1W1MQTD3M6MYTD1Y2Y3Y5Y
75.9772.0068.0364.0660.10EW +22.52%H 73.90 · Oct 6L 61.07 · Jun 25
Apr 10May 27Jul 13Aug 26Oct 9
Breadth
7 / 7
stocks rose with the index
Concentration
88%
of the gain from TSLA, AAPL, MSFT
Biggest driver
TSLA +6.10
Tesla, Inc., +9.67%
Biggest drag
META −2.01
Meta Platforms, Inc., +14.20%

What drove it

7 members · drivers first · 6M · residual 158.7bp exceeds 60bp gate

The MAGS rose 20.59% (+12.59 pts) over the past six months, and 88% of that gain came from just three stocks: TSLA, AAPL, MSFT.

Read the latest market-close note: Goldman and Microsoft Push the Dow to a Large Gain While Telecoms Sink Communication Services

+14.5 pts from 6 gainers−2.0 pts from 1 losers
net +12.6 pts · gainers outweigh losers 7.2 to 1
Stock
Points
Return
MAGSsum of all 7 stocks
+12.6
100%
+20.59%
TSLATesla, Inc.
+6.1
48%
+9.67%
AAPLApple Inc.
+2.8
22%
+29.36%
MSFTMicrosoft Corporation
+2.2
17%
+44.59%
NVDANVIDIA Corporation
+1.8
14%
+21.69%
GOOGLAlphabet Inc.
+1.5
12%
+10.92%
AMZNAmazon.com, Inc.
+0.1
1%
+10.09%
METAMeta Platforms, Inc.
−2.0
−16%
+14.20%
Cap weighting, illustrated

Tesla, Inc. and Amazon.com, Inc. moved almost identically (+9.67% vs +10.09%), yet TSLA moved the MAGS 59.8× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.

Attribution map

slicing the +12.59 pt move · cell size = points contributed · color = direction, intensity = return
TSLA+6.1 pts(+9.7%)
AAPL+2.8 pts(+29.4%)
MSFT+2.2 pts(+44.6%)
META−2.0 pts(+14.2%)
NVDA+1.8 pts(+21.7%)
GOOGL+1.5 pts(+10.9%)

Concentration curve

cumulative share of the +12.59 pt move · sorted by contribution
0%50%100%2457stocks:3 stocks = 88%100% covered at 4

When they drove it

cumulative points through the period
0TSLA +6.10AAPL +2.82MSFT +2.16META −2.01Apr 10Oct 9

Breadth

member returns, this period
+5%+15%+25%+35%
From +9.67% (TSLA) to +44.59% (MSFT). Equal-weight, the MAGS would be +22.52% vs the actual +20.59%; the gap is what cap weighting did.

By sector

point contribution · sums to +12.59 pts
Unknown7
+12.5

The year, session by session

every trading day of 2026 · hover for the move
JANFEBMARAPRMAYJUNJULAUGSEPOCT

Share this move

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SESSIONSETTLEDBOARDMAGS 6MMEMBERS7RESIDUAL158.7BP / 60BP GATESRCNASDAQ · CBOE · ALPHA VANTAGEWMTMT.COM