Dow Jones heads into Friday after a 132-point decline
Published on 10/30/2026 at 13:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDow Jones heads into a data-heavy Friday
- The Dow Jones Industrial Average closed Thursday at 52,342.56 points, down 132.54 points, or 0.25 percent.
- Technology and software weakness returned after disappointing Alphabet results revived concerns about the profitability of artificial-intelligence investment.
- Investors are awaiting the US Employment Cost Index and Chicago PMI, while several major companies are scheduled to report earnings before the open.
- The index's next regular US session had not yet begun during the European midday reporting window.
The Dow Jones Industrial Average is heading into Friday's US session after closing at 52,342.56 points on Thursday, October 29. The index fell 132.54 points, or 0.25 percent, according to Morningstar. The decline ended a three-session winning streak and was the largest one-day point and percentage fall for the index since October 23, the same report said.
Technology concerns weigh on sentiment
Market attention remained focused on corporate investment in artificial intelligence. Yahoo Finance reported that disappointing earnings from Amazon and Alphabet had revived concerns about the scale and returns of Big Tech's AI spending. Intel also faced a sharp premarket reaction after issuing a weaker fourth-quarter outlook, adding to the pressure on technology-related sentiment.
The Dow's decline came despite a mixed macroeconomic backdrop. In its October 29 market analysis, RTTNews reported that third-quarter US gross domestic product grew at a 3.4 percent annualized rate, above the 3.1 percent economist expectation cited in that report. September personal-consumption expenditures rose 3.6 percent year over year, while core PCE increased 3.1 percent. The Federal Reserve had left its federal-funds target range unchanged at 3.75 to 4.00 percent.
Economic data and earnings ahead
Friday's agenda gives investors fresh evidence to assess wage pressure and the interest-rate outlook. Yahoo Finance listed the third-quarter Employment Cost Index, with a 0.8 percent increase expected after 0.9 percent in the prior quarter, as well as October MNI Chicago PMI, for which a reading of 54.6 was expected after 58.8.
Corporate results are also scheduled to shape trading after the opening bell. Yahoo Finance identified ExxonMobil, Chevron, AbbVie, AstraZeneca, BP, Sanofi and General Dynamics among the companies reporting on Friday. The Dow's next regular session had not yet opened during the European midday reporting window, so no same-session index level or official opening move is included here.
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