Fed Lowers Rates Again - Trump Lowers Fentanyl Tariffs on China and Announces Agreement on Rare Earths - Meta Stock Falls After $16 Billion Tax Burden - Alphabet Makes History - Microsoft Stock Falls After Outlook on Rising Expenses - Starbucks Sees First Increase in Comparable Sales in 7 Quarters

On Wednesday, October 29, 2025, trading on Wall Street was mixed. The Dow Jones closed slightly down by -0.16% at 47,632.35 points, while the S&P 500 remained stable at 6,890.67 points. The Nasdaq Composite improved by 0.55% to 23,958.47 points. The overall economic environment was characterized by mixed signals. On one hand, the expectation of further interest rate cuts by the Federal Reserve fueled risk appetite; on the other hand, the cautious communication from the Fed leadership created reluctance. The interest rate was lowered as expected...