After Thursday’s sharp market-wide sell-off, Friday’s session (Oct 31) showed a rebound in short-term participation metrics. However, longer-term breadth indicators remain weak, and the overall trend is still tilted to the downside. A cautious stance is warranted as there is no clear evidence of a sustainable recovery yet.
Treasury Secretary Scott Bessent blamed the current state of the economy on Federal Reserve policies and attributed high inflation to high government spending to the COVID-era, which the Trump Administration is cutting.
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
