Stocks ended October lower as weakness in AI-linked shares weighed on major indexes, even as small caps, value stocks, and bonds showed resilience. The Fed held rates steady while signaling inflation risks remain, setting up a data-heavy first week of November.
Markets ended mostly lower as AI funding concerns and rising oil prices pressured growth stocks, while small caps, value shares, and core bonds held up better. This week's recap covers S&P 500 performance, Treasury yields, the Federal Reserve outlook, economic data, and the key events ahead.
This weekly market recap covers the AI-led technology selloff, hotter inflation, Treasury moves, Federal Reserve implications, and key economic data ahead.
U.S. equities reached fresh record highs as improving market breadth and a rebound in bonds helped offset renewed AI and Middle East concerns. With the Federal Reserve still signaling another potential rate hike, investors now turn to CPI, retail sales, PPI, and other key economic data.
Stocks rebounded as renewed AI enthusiasm and easing oil prices lifted sentiment, but a sharp rise in Treasury yields kept markets volatile. Here's what drove the week, what the latest economic data signals, and what investors will be watching next.
U.S. markets finished a volatile week near flat as the Federal Reserve raised interest rates for the first time since 2023 and oil remained above $100 per barrel. Technology and health care provided support, while rising Treasury yields and geopolitical uncertainty kept pressure on broader markets.