Day-before heads-up: Thu Oct 29 — September PCE + Q3 GDP in the morning, Amazon earnings after the close

What happened

Day-before preview for Thu Oct 29, 2026: September PCE, Q3 advance GDP and jobless claims at 8:30 a.m. ET, then Amazon Q3 earnings after the close (call 5:00 p.m. ET). PCE consensus headline 3.6-3.7% year over year (up from 3.4% in August), +0.5% month over month; core PCE 3.1% YoY (up from 3.0%), +0.3% MoM. Q3 GDP consensus ~3.2% annualized (up from 2.2% in Q2; Atlanta Fed GDPNow ~3.5%). Jobless claims consensus 200,000 vs 194,000 prior. Amazon consensus EPS $1.96-$2.01, revenue ~$202.1-$202.2B (+~12% YoY), vs guide $197-$202B sales and $22.5-$26.5B operating income.

Who’s affected

• Broad U.S. equities
• AMZN ahead of earnings; rates / Treasuries via PCE and December-hike odds
• MA as payments read-through