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Today's Top Business/Market Headlines — October 29, 2026 Big Tech Earnings Rock Markets Alphabet sank 10% as it held 2026 capex unchanged while expecting a significant increase in 2027, disappointing investors despite otherwise strong results. Meanwhile, Microsoft rallied 4.5% after hours as Azure growth accelerated to 48%, while Alphabet tanked as an earnings miss overshadowed Google Cloud reve

1. Wall Street Surges, Led by Tech Earnings U.S. stock indexes closed higher as strong third-quarter corporate earnings and major announcements in artificial intelligence boosted investor sentiment. The S&P 500 advanced 0.59% to finish at 7,757.71, pulling within 0.8% of its all-time record high. The Dow Jones Industrial Average gained 0.69% (about 360 points) to close at 52,857.10. The Nasda

The global financial landscape is highly focused on the Federal Reserve’s policy decision, soaring government bond yields, and rising geopolitical energy shocks. --- 1. The Federal Reserve Rate Decision Looming All eyes are on the U.S. Federal Reserve, led by Chair Kevin Warsh, as it concludes its highly anticipated monetary policy meeting. Expected Reversal: Markets are pricing in an 87.3%