PCE data, Big Tech earnings: What to Watch

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A pivotal week lies ahead for markets as several Big Tech heavyweights prepare to release their third quarter earnings reports, including Alphabet (GOOG, GOOGL), Meta (META), Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), and Intel (INTC).

On the economic calendar, Thursday, October 31 brings the release of the Personal Consumption Expenditures (PCE) index, the Federal Reserve's preferred measure of inflation. This crucial data point will provide investors with fresh insights into potential monetary policy decisions.

The week ends with Friday's Jobs Report, another critical economic indicator that could influence market sentiment and Fed policy outlook.

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This post was written by Angel Smith