US stock indexes are mixed, with the S&P 500 down -0.62%, Dow Jones up +0.42%, and Nasdaq 100 down -0.47%. Big tech companies like Meta Platforms and Microsoft disappoint, while Alphabet beats Q3 earnings. Fed Chair Powell’s comments impact markets, with a 70% chance of a -25 bp rate cut in December.

Global markets react to a tariff truce between the US and China. US government shutdown delays economic reports. European bond yields rise, while Eurozone economic indicators show strength. ECB keeps rates unchanged. Swaps predict a 5% chance of an ECB rate cut in December.

Chipmakers like Nvidia, AMD, and Broadcom slide. Meta Platforms, FMC Corp, Sprouts Farmers Market, and Chipotle Mexican Grill lead stock declines. Alphabet, Guardant Health, Metsera, and C.H. Robinson Worldwide rise. Microsoft reports strong earnings, while eBay, Carvana, and International Paper face losses.

Earnings reports flood the market, with companies like Apple, Amazon.com, Mastercard, Merck & Co, and more releasing results. Market sentiment remains mixed as investors navigate earnings season and global economic uncertainties. Stay informed with Barchart’s latest updates.

Read more at Nasdaq: Stocks Pressured by Mixed Megacap Technology Earnings and Higher Bond Yields