Daily Market Recap (October 30th 2025)

These sources provide a comprehensive snapshot of the financial and economic landscape, featuring key corporate earnings, macroeconomic policy decisions, and other significant business news. Coverage focuses heavily on the technology sector with reports on Alphabet, Meta, and Microsoft earnings expectations and the ongoing artificial intelligence boom, including Celestica's role in building AI infrastructure. A major theme is the Federal Reserve's decision to cut interest rates, examining the impact on consumer finances, the potential widening of the generational wealth gap, and the Fed's focus on the weakening labor market amid a government shutdown that could cost the economy billions. Other notable news includes General Motors' layoffs due to EV market slowdown, Eli Lilly's partnership with Walmart to discount its weight loss drug Zepbound, Nuveen's investment strategy in grocery-anchored real estate, and reports on European stocks, including earnings from companies like BNP Paribas and UBS, all while markets reacted to the Fed's comments.

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