US stock indexes are mixed today, with the S&P 500 down -0.42%, Dow Jones up +0.60%, and Nasdaq 100 down -0.95%. E-mini S&P and Nasdaq futures are down. Meta Platforms and Microsoft disappoint, but Alphabet beats Q3 estimates. Fed caution on rate cuts and a tariff truce with China impact markets.

Stocks are pressured by divergent earnings results from tech giants. Market expects -25 bp rate cut in December. Trump-Xi tariff truce and trade agreements boost market sentiment. Shutdown delays data releases. Overseas markets mixed. Eurozone economic indicators show resilience. ECB maintains interest rates.

Magnificent Seven tech stocks struggle, leading to broader market weakness. Meta Platforms down over 12%, FMC Corp drops 44%. Sprouts Farmers Market and Chipotle Mexican Grill report lower sales. eBay down 14%, International Paper down 10%. Positive earnings from Alphabet and Guardant Health. C.H. Robinson Worldwide gains.

Earnings reports flood in, including Amazon, Apple, Mastercard, and more. Tech stocks face challenges, while some surprise with positive results. Market remains cautious amid global economic uncertainties and trade developments. Stay informed with Barchart’s newsletter for market insights and analysis.

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