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● The Fed held rates in a 10-2 vote.
● Half a point equals two standard quarter-point moves.
● The Commerce Department released the data on October 29, 2026.
● Technology was the worst sector by a wide margin.
● Alphabet, Intel and Amazon results set off an AI-spending selloff.
● A Democratic House alone would split Congress.
● The S&P 500 fell 43.61 points for the week.
● Wider spreads mean investors want more compensation for risk.
Key Highlights● The S&P 500 sank as low as 7,527.67 on Friday, October 30, 2026.● It recovered somewhat to close at 7,580.07.● Technology did the most damage.● Nvidia lost about $185 billion in market value.The S&P 500 fell as low as 7,527.67 during trading …
● The committee held rates in a 10-2 vote.
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