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One final push from Amazon would send all three major indices to strong closings Friday. The Halloween surge would lock up wins across the board for the day, the week, and the month of October overall.
Amazon's Friday climb may have closed out the week on a high note, but getting there wasn't easy. Earnings reports from five of the Mag7 sparked a wild week for tech with AI's costs driving the volatility.
The world's two largest economies have finally called a much-welcomed truce in their recent trade dispute. In this report, a breakdown of what was agreed to after Mr. Trump's face-to-face with Xi Jinping.
The belief that two more rate cuts would arrive by year's end has now cleared the first hurdle. Wednesday's cut was just as expected, but that second one, penciled in for December, is far from a sure thing.
Fed officials are already sounding off on what the central bank does next. Expect that to continue this coming week. Also ahead, another wave of earnings reports and a new read on consumer sentiment.
Over the seven months since the brutal 'liberation day' plunge back in April, the markets have been on a tear. That run is now on the doorstep of history, but with it, comes stress, and cracks are showing.
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