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Dow Jones Top Markets Headlines at 7 PM ET: U.S. Stocks Fall as Alphabet Slide Weighs on AI Optimism | U.S. ...

Dow Jones Top Markets Headlines at 7 PM ET: U.S. Stocks Fall as Alphabet Slide Weighs on AI Optimism | U.S. ...

Dow JonesDow Jones2026/10/29 23:00

U.S. Stocks Fall as Alphabet Slide Weighs on AI Optimism

Stocks declined as a revenue shortfall from the Google parent caused one of the largest one-session market capitalization drops for a single company on record, feeding doubts about the payoff from artificial-intelligence infrastructure spending.

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U.S. Economy Accelerated This Summer Despite High Gas Prices

The economy expanded 3.4% last quarter, driven by businesses and consumers and adding to evidence of an economy on a solid footing.

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PCE Inflation Accelerated Last Month

The inflation metric targeted by the Federal Reserve sped up in September, showing why elevated price increases hang over the central bank's next moves.

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ECB Leaves Rates Unchanged as Challenges Mount for Lagarde's Successor

France's bond market is in turmoil, energy prices are surging, and the ECB president's departure kicks off a consequential leadership shake-up.

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Oil Prices Ease as U.S. Seeks to Renew Diplomacy With Iran

Oil prices fell as traders assessed fresh U.S. efforts to revive peace negotiations with Iran, while persistent Middle East supply risks and the possibility of renewed military escalation limited losses.

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Federal Debt Hits 100% of GDP

Surging borrowing lifts the fiscal year-end debt ratio to the highest since 1946.

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U.S. Jobless Claims Unexpectedly Edge Lower

The number of people who filed for unemployment benefits was 194,000 in the week through Oct. 24, 1,000 lower than the revised 195,000 reported a week earlier.

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Gulf Oil Giants Work to Expand Overseas Storage As War Exposes Supply Risks

With the Iran war threatening key energy infrastructure and shipping lanes, producers are increasingly looking beyond their borders to keep crude flowing.

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Irish Economy Surges Again in Boost to Eurozone

The growth is pushing hopes for a continued expansion across the eurozone as a whole, despite higher energy costs.

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Eurozone Economic Sentiment Fell Again in October

The conflict in the Middle East continued to keep energy prices elevated, putting further pressure on consumers and businesses.

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RBA's Blunt Messaging Raises Questions About Peak in Rates

Financial markets in Australia are all but certain that the RBA will raise interest rates for a fifth time this year at its policy meeting next week.

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The Fed's AI Puzzle: Will High Rates Slow the Boom?

Chairman Kevin Warsh said higher rates are reaching the investment surge and growth is broadening beyond it. The positions cut in opposite directions for where to set rates.

(END) Dow Jones Newswires

October 29, 2026 19:00 ET (23:00 GMT)

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