Stocks finish mostly lower even after the Fed cut interest rates and said it will stop shrinking its balance sheet on Dec. 1. Separately, investors are preparing for earnings from three of the Mag 7 mega-cap stocks after the close.

Lately, there's talk of an AI bubble, a runup in the prices of tech stocks fueled by enthusiasm over artificial intelligence. Several tech giants report earnings in late October, numbers that could inflate the bubble further – or cause it to pop.

Among sectoral indices, Nifty Pharma was the top loser, down 1.3 percent, followed by Nifty Metal and Nifty FMCG, which declined 0.7 percent each. Nifty IT, Nifty Consumer Durables, and Nifty Private Bank were down 0.

The stock market is getting ever-more reliant on the “Magnificent Seven,” raising the stakes for a jam-packed week of technology earnings that could decide whether Wall Street’s momentum has more room to run.

At Invest, an influential lineup of leaders across business, politics, and finance will convene to discuss what's next in markets, AI, crypto, and more.

Talk of a 2025 recession abated this summer, but economists noted a sense of instability among consumers, who were spending less, and among businesses, which were hiring less.

Mark Cuban warned that forcing billionaires to sell their stocks would crash markets and wipe out the savings of millions of Americans.

Wall Street digested a wave of Big Tech earnings alongside the Federal Reserve’s latest interest rate move, while waiting for President Trump's long-awaited summit with Chinese leader Xi Jinping.