S&P 500 Drops 1% as Tech Capex Spurs Jitters, Fed Stays Cautious

Bloomberg TechnologyThursday, October 30, 2025 at 1:44:06 PM
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S&P 500 Drops 1% as Tech Capex Spurs Jitters, Fed Stays Cautious
The S&P 500 fell by 1% on Thursday, reflecting investor concerns over the spending plans of major technology companies and cautious remarks from Federal Reserve officials regarding potential interest rate cuts. This decline overshadowed any optimism stemming from a trade truce between the US and China, highlighting the ongoing volatility in the market. Understanding these dynamics is crucial for investors as they navigate the complexities of economic indicators and corporate strategies.
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