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US Market Close Brief (Oct 30 ET): Tech Earnings Diverge as Microsoft & Meta CapEx Draw Scrutiny
US indexes pulled back on Oct 30 ET as September Core PCE rose 2.7% YoY and investors digested cloud growth vs. rising CapEx at Microsoft and Meta.
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US Market Close Brief (Oct 29 ET): US Q3 GDP Advances 2.8%; Alphabet Cloud Revenue Jumps 35%
US Q3 GDP grew at a 2.8% annualized pace and Alphabet reported 35% YoY growth in Google Cloud revenue.