US Market Close Brief (Oct 29 ET): US Q3 GDP Advances 2.8%; Alphabet Cloud Revenue Jumps 35%

1. Major Indexes (Regular Session Close)

• S&P 500: Closed at 6,874.20, +0.26%. Source: Reuters.
• Nasdaq Composite: Closed at 22,332.60, +0.54%. Source: Reuters.
• Dow Jones Industrial Average: Closed at 46,514.70, -0.11%. Source: Reuters.
• Russell 2000: Closed at 2,433.20, +0.32%. Source: MarketWatch.
• Cboe VIX: Closed at 16.51, -2.10%. Source: Cboe.

2. Macro & Cross-Asset Snapshot

• US Q3 Advance GDP: Real GDP grew +2.8% annualized in Q3, driven by +3.7% growth in personal consumption. Source: BEA Release.
• US Treasuries: 10-year yield at 4.23% (-1 bp); 2-year yield at 4.08% (unchanged). Source: CNBC Bonds.

3. Verified Tech Headlines

1. Alphabet Q3 Google Cloud revenue climbs 35% YoY to $11.35B: Cloud operating margin expanded to 17%. Source: Alphabet IR.
2. AMD posts record data-center revenue with in-line Q4 guide: Data center segment led growth while Q4 revenue guidance matched street consensus. Source: AMD IR.