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● Alphabet closed at $283.82 after its worst day since its 2004 IPO.
● The 10-yearYieldtouched its highest level since 2002 near the start of October.
● Third-quarter GDP accelerated sharply and beat forecasts, adding pressure on inflation.
● Marvell is reportedly in advanced talks to acquire Lumentum, and neither company confirmed.
● Leonardo DRS raised its 2026 outlook as bookings topped $1.6 billion.
● Xcel Energy and WEC Energy Group both beatEarningsestimates and tightened 2026 guidance.
● US crude and distillate stocks fell while gasoline inventories rose.
● Nike rose to about $38.37 from a prior close of $37.15.
● Third-quarter GDP beat forecasts and September PCEInflationran hot on Thursday.
● Advancers outnumbered decliners on the NYSE by nearly 2 to 1.
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