Stock market today: Dow, S&P 500, Nasdaq fall as Alphabet stock sell-off drags on tech, AI jitters return

Economic data: PCE price index, month-over-month, September (+0.5% expected, +0.3% before); Core PCE Price Index, MoM, September (+0.3% expected, +0.2% before); PCE Price Index, YoY, September (+3.6% expected, +3.4% before); Core PCE Price Index, YoY, September (+3.1% expected, +3% before); Personal income, September (+0.3% expected, +0.2% before); Personal spending, September (+0.6% expected, +0.9% before); Actual personal spending, September (+0.1% expected, +0.6% before); Initial unemployment claims, week ending October 24 (199,000 expected, previously 194,000); Continuing claims, week ending October 17 (1.782 million before); Annualized GDP, quarter over quarter, third quarter annualized (+3.2% expected, +2.2% before) Results schedule: Amazon.com (AMZN), Eli Lilly (LLY), Mastercard (MA), Intel (INTC), Merck (MRK), Caterpillar (CAT), Shell (SHEL), Linde (LIN), TotalEnergies (TTE), Gilead Sciences (GILD), Sandisk (SNDK), Anheuser-Busch inBev (BUD), Bristol-Myers Squibb (BMY), Altria Group (MO), Stryker Corporation (SYK), Starbucks (SBUX), Trane Technologies (TT), Howmet Aerospace (HWM), Digital Realty Trust (DLR), Strategy (MSTR), Cheniere Energy (LNG), Cenovus Energy (CVE), Monolithic Power Systems (MPWR), Vale SA (VALE), Ambev SA (ABEV), Xcel Energy (XEL), L3Harris Technologies (LHX), Carrier Global (CARR), Coinbase Global (COIN), DR Horton (DHI), Roblox (RBLX) Catch up on some of the top news you may have missed overnight: Intel to report third-quarter earnings as chip stocks continue to rally Google bets on AI search ads to revive slowing ad growth Samsung continues to break profit records as AI boom lifts chip demand Asian stocks fall as Alphabet earnings drag Wall St futures down Cash is king as investors draw new battle lines in AI spending boom