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The market has seen two consecutive weeks of decline, with significant drops in tech giants like Microsoft, Meta, and Apple. This week is expected to be even more volatile with the Fed meeting and the election, both of which could heavily impact interest rates and market sentiment.
- Tech giants like Microsoft, Meta, and Apple saw significant drops after reporting earnings.
- The Fed meeting and the election are the biggest events this week, potentially leading to a volatile market.
- The Fed is expected to cut interest rates by 25 basis points, which could further impact market stability.
Shownotes Transcript
Stock market update for November 4, 2024.