Stock market today: Nasdaq leads S&P 500, Dow lower as Meta sinks after earnings with Apple, Amazon on deck
Update: 2025-10-30
Description
Tech stocks plummeted on October 30th, with the Nasdaq dropping over 1.4%, as investors reacted to a trade truce between the US and China and shifting expectations around interest rate cuts. Meta and Nvidia were hit hard, while Alphabet surged. The earnings season added to market volatility, with mixed results from tech giants. Meanwhile, Moderna's stock surged on deal talks, and Cigna's shares plummeted due to profit margin concerns. Gold demand reached a record high amid market uncertainty.
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