
For the week of October 26–30, the U.S. economy grew at an annual rate of 3.4%, but inflation concerns persisted, prompting the Federal Reserve to hold the policy interest rate steady at 3.75%–4.00%. Although the core PCE inflation rate declined to 2.5%, personal consumption rose by 3.8%, significantly contributing to GDP growth. On the 30th, the S&P 500 fell 1.8%, reflecting market caution over high valuations in technology stocks. Next week brings key economic releases: the ISM Manufacturing PMI (Nov 2), JOLTS job openings (Nov 3), ADP Employment Report (Nov 4), ISM Non-Manufacturing PMI (Nov 4), and the U.S. Employment Statistics (Nov 6). #markets #investing ※Investing involves risks. Please make final decisions at your own responsibility.

