Stocks fall as megacaps weigh, yen weaker after BOJ announcement
Yahoo Finance·2025-10-30 23:20
By Chuck Mikolajczak NEW YORK (Reuters) -Global shares declined on Thursday and were on pace for their biggest daily decline in three weeks, weighed down by large drops in megacaps Microsoft and Meta Platforms, while the dollar rose against the yen after policy announcements from the Federal Reserve and Bank of Japan. Markets were also digesting comments from U.S. Federal Reserve Chair Jerome Powell on Wednesday, who dented expectations the central bank will proceed with another interest rate cut at its ...