Investor's Business Daily·2 min read·medium

Stock Market Today: Nasdaq Breaks Streak On Alphabet's $500B Drop; Amazon Earnings Next

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VIDYA RAMAKRISHNAN, SCOTT LEHTONEN
Stock Market Today: Nasdaq Breaks Streak On Alphabet's $500B Drop; Amazon Earnings Next
✦AI Summary

The Nasdaq and Dow Jones indexes declined following a significant drop in Alphabet's stock price after their earnings report. Investors are now shifting their focus to upcoming earnings results from Amazon.

Why it matters

Market volatility in major tech stocks like Alphabet and Amazon significantly impacts broader investor sentiment and retirement portfolios.

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Major indexes broke a three-day winning streak Thursday as worries about the artificial intelligence trade returned after Alphabet's (GOOGL) earnings report that resulted in a huge one-day drop for the stock. Investors awaited earnings from rival hyperscaler Amazon (AMZN), due at the close of the stock market today. The Dow Jones Industrial Average lost 0.3%, and the Nasdaq composite fell...

10/29/2026 The stock market, including the Dow Jones index, fell following a disappointing report from Alphabet. Small caps were an area...

10/29/2026 The stock market, including the Dow Jones index, fell following...

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