Weekly Market Brief: October 30, 2026

Market pulse

Stocks are sliding on the final session of October as a Big Tech rout deepens: disappointing earnings and guidance from Amazon and Intel, plus lingering unease over Alphabet's AI capex, dragged the Nasdaq down more than 2% while the Dow held up far better — a clear rotation toward earnings-supported value names. Thursday's hot PCE reading kept December Fed hike risk alive (futures still price a meaningful chance), yet the 10-year Treasury yield has slipped back below 5% to roughly 4.93% on safe-haven demand. Commodities are the other pressure point: WTI is pushing back above $104 on Middle East supply risk, keeping energy-driven inflation front and center, while gold slips toward $4,000 and crypto sells off hard. The thing to watch: whether the tech sell-off broadens — a sharp VIX spike or a weak month-end close would signal the damage is spreading beyond AI names.

Market News 8 stories 🔒 Full stories in Pro

1. Nasdaq Dives as Amazon and Intel Earnings Fuel Tech Rout on Last Trading Day of October
2. Alphabet Suffers Worst Day Ever as Thursday Session Snaps Three-Day Win Streak
3. Amazon Plunges After Record Cash Burn: Free Cash Flow Swings to -$42.4 Billion
4. Intel Craters Nearly 30% on Weak Guidance and PC Market Slowdown
5. Fed Holds at 3.75%–4% in Split Vote; Markets Price ~85% Odds of a December Hike
6. Record $6.3 Billion Binance Hack Sinks Bitcoin and Crypto-Linked Stocks
7. Magnificent Seven Shed $4 Trillion as Market Splits Between Mega-Cap AI and Everything Else
8. Energy Earnings and Crude Spike Offset Tech Weakness; Gold and Silver Slide

Stocks to Watch 13 🔒 Our take on each in Pro