Weekly Market Recap - Friday, 30-Oct

FactSet Evening Market Recap · Oct 30, 2026 · 5m

Major US equity indices were largely lower this week, dragged down by softness in the Mag 7 complex and a late-week paring of gains in the AI trade. The week's FOMC meeting was largely as forecast, with members voting to hold rates steady (with Hammack and Cook dissenting). The Iran war continued to bubble in the background, making its influence felt via this week's choppy oil trading.