U.S. stock market live — Oct. 30
Close: the S&P 500 fell 1.82% to 7,580.07, its worst day since June, and the Nasdaq 2.86% as Intel sank 28.6% on its outlook and chip stocks sold off; staples and energy rose.
Live updates
Close: S&P 500 7,580.07 (-1.82%), its worst day since June; Dow 51,770.31 (-1.09%); Nasdaq 25,437.00 (-2.86%), per AP final. Intel -28.6%, worst day since 1974; Nvidia -4.2%; Coinbase -10.6%; Exxon +2.2%. 10-year yield 4.93%; WTI settled at $104.12. Close story.
Selloff deepens: Nasdaq Composite about -3% and Nasdaq-100 about -3.6%, S&P 500 about -1.6%, putting Wall Street on track for its worst day since June (AP). Intel extended its loss to nearly 30%; the VIX was up about 20%. Breaking.
Early afternoon: Nasdaq about -2.2% and S&P 500 about -1.5%, with the Philadelphia Semiconductor Index down more than 7%, its biggest drop since June, as Intel’s weak outlook weighed on chip and equipment names (Applied Materials and Lam Research down about 5%). St. Louis Fed President Musalem said another rate hike is needed ‘soon’.
Late morning (Yahoo Finance quotes): S&P 500 7,606.91 (-1.47%), Nasdaq 25,565.68 (-2.36%), Dow 52,019.84 (-0.62%). The S&P 500 briefly crossed the -1.5% mark. Intel near $66 (about -28%) after its weak fourth-quarter outlook; Reddit about -24% after its CEO warned daily active uniques could fall by a low double-digit percentage this quarter. 10-year yield 4.952%, WTI $104.16 (+2.1%), bitcoin about $77,300 (-5.4%).
Open: Nasdaq about -2.2%, S&P 500 about -1.1%, Dow about -0.2% as Intel and Amazon results hit tech. AMD was down about 9% before the bell on read-through from Intel; energy names gained after Exxon Mobil and Chevron beat.
Close — The S&P 500 fell 140.32 points (-1.82%) to 7,580.07, the Dow 572.25 points to 51,770.31 and the Nasdaq 747.73 points to 25,437.00 (AP final); details in the close story and the evening report.
Intraday status — Friday’s session was a tech rout driven by Thursday’s after-hours results from Intel and Amazon (open brief). The Nasdaq has slipped further since the open, and the S&P 500 is hovering around a 1.5% loss.
| Index (11:31 a.m. ET) | Level | Change |
|---|---|---|
| S&P 500 | 7,606.91 | -1.47% |
| Nasdaq Composite | 25,565.68 | -2.36% |
| Dow Jones Industrial Average | 52,019.84 | -0.62% |
Why it matters — Intel’s warning on PC demand and cash burn, plus Amazon’s record free-cash outflow from AI spending, are feeding the same worry: how long the AI build-out can be funded without hurting returns. Reuters reported the Nasdaq-100 was on pace to lose close to $1 trillion in market value in a single day. Energy is the main offset, with oil above $104 a barrel.
Crypto — Bitcoin is down more than 5% near $77,300 after the roughly $6.3 billion Binance hack (details), and crypto-linked stocks such as Coinbase, Circle, Robinhood and Strategy were down more than 6% before the open.
WMR data — Watch the VIX, the 10-year yield and the dollar index on Market pulse, and chip relative strength on Semiconductors, to see whether the selloff stays concentrated in tech or broadens.
What to watch next — Whether the S&P 500 closes beyond -1.5% and the Nasdaq beyond -2%, the month-end close for October, and Apple’s results on Nov. 2.
Sources
- AP – S&P 500 drops 1.8% for its worst day since June (BNN Bloomberg)
- Yahoo Finance – Stock market today: Nasdaq dives, S&P 500 and Dow fall as Amazon, Intel earnings fuel tech rout
- Reuters via Yahoo Finance – Nasdaq futures sink as Amazon, Intel deepen AI capex concerns
- CNBC – Amazon falls, Intel dives 29%, as tech stocks sell off in post-earnings rout
- CBS News – Tech stocks crushed as Nasdaq tumbles more than 600 points
All content on this site is for informational purposes only and is not investment advice. You are solely responsible for your investment decisions. Past performance does not guarantee future results. Editorial & Corrections Policy