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NDX briefly enters correction as weak tech earnings spark AI rout – Newsquawk US Market Wrap

News Snapshot:

SNAPSHOT: Equities down, Treasuries steepen, Crude up, Dollar mixed, Gold downREAR VIEW: Fed's Logan says at least two more 25bps hikes are needed; Fed's Musalem says hiking sooner reduces the risk of hitting the wider economy; BoJ holds rates as expected; INTC slides on a weak Q4 guide; AMZN sales and outlook disappoint; SNDK operating cash flow misses expectations; Blackstone reportedly says Anthropic may not secure an IG rating after its IPO.COMING UP: Data: Global Manufacturing PMI Final (Oct), US ISM Manufacturing PMI (Oct), Atlanta Fed GDP (Q4). Events: Chinese NPC Standing Committee (2-6 Nov). Speakers: ECB's Vujcic; Fed's Goolsbee….

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