Our take on the big reversal.
Source summary (excerpt): “Big Tech earnings reignited AI spending fears, sending investors into defensive stocks.”
Sourcing: single source, treat as unconfirmed until corroborated.
MarketsBRIEF
Nasdaq loses 2% for the week as Intel, Alphabet and Amazon results reverse early rally
CNBC reported on Sat Oct 31, 10:37 AM CT, unconfirmed by other outlets so far: Stocks started the week with promise but ended in despair.
What happened
Reported from CNBC. Site-only brief: it was not posted on X.