Tech stocks edged higher Friday, rebounding from Thursday's 1.5% drop in the Nasdaq 100 as upbeat earnings from mega-cap giants kept the rally momentum alive.
Breadth deteriorated again on Thursday, October 30, as declining stocks outpaced advancers across multiple timeframes. Short-term momentum indicators have turned decisively negative, and broader participation trends are again showing signs of strain.
The one-year trade truce between the U.S. and China includes tariff rollbacks, eased export controls, and commitments from Beijing to boost American agricultural imports.
The Federal Reserve, in a closely watched move on October 29, 2025, lowered its benchmark federal funds rate by 25 basis points, bringing the new target range to 3.75% to 4%. This marks the second such reduction this year, a decision Fed officials have characterized as "insurance" against a
Wall Street saw a cautious tone on Thursday as major tech-heavy indexes edged lower, weighed down by mixed earnings from the mega-caps and the lingering impact of hawkish remarks from Fed Chair Jerome Powell th
