News summaryNasdaq (LightPath press release)Oct 30, 2026, 12:00 PM
AI earnings, oil and yields shape technology-sector market backdrop
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On October 30, Nasdaq reported that Q3 GDP grew at a 3.4% annual pace and headline PCE inflation was 3.6% year over year, up from 3.4%; oil remained above $100/barrel. The 10-year Treasury yield was below 4.95%, while AI-share selling left the Nasdaq-100 down 2% for the week. The report cited mixed Alphabet, Amazon and Intel earnings.