Asia Ex-Japan And Europe Markets Dip; Gold Clocks New High, Dollar Softens - Global Markets Today While US Slept

On Tuesday, October 29, U.S. markets closed mixed: the Nasdaq reached a record high, the S&P 500 gained, and the Dow declined as investors evaluated earnings reports. Alphabet’s strong revenue, along with upcoming results from other “Magnificent Seven” tech giants, will determine if Wall Street’s optimism for AI and tech can sustain recent index gains.

Economic data showed the S&P CoreLogic Case-Shiller index rose 5.2% year-over-year in August, down from July’s 5.9%. U.S. wholesale inventories dipped 0.1% in September, while the trade deficit widened to $108.2 billion from $94.2 billion.

S&P 500 sectors closed lower, led by losses in energy, consumer staples, and utilities, while information technology and communication ...