Wall Street notched a third straight gain on Oct 28 as the Fed held rates at 3.75%–4.00% in a 10–2 vote (two officials preferred a hike). The S&P 500 rose 0.28% to 7,743.98, the Nasdaq added 0.27% and the Dow gained 0.19%. The 10-year Treasury yield closed above 5%.
After the bell, Microsoft rose about 5% on 48% Azure growth, while Alphabet fell nearly 11% as Search growth slowed.
Crypto lagged: Bitcoin ~$79,700 (-1.6% 24h) and Ether ~$2,300 (-2.5% 24h). The Crypto Fear & Greed Index sits at 51 (Neutral), down from 68 (Greed) a week ago. VIX: 16.91.
Not financial advice. For information only.
Data: Yahoo Finance (index closes, intraday, 10Y yield, VIX), CoinGecko (prices as of Oct 29 ~03: 30 GMT), alternative.me (Crypto Fear & Greed), Federal Reserve statement; reporting via Motley Fool, StockTitan.
Photos (Wikimedia Commons): Carlos Delgado (CC BY-SA 3.0), The White House (Public domain), AgnosticPreachersKid (CC BY-SA 3.0), Coolcaesar (CC BY-SA 4.0), Asoundd (CC BY-SA 4.0), AntanaCoins (CC BY-SA 3.0), Wikideas1 (CC0).
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