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Bitget UEX Daily: AI Return Concerns Hit Tech; OPEC+ Holds Output Targets
On October 30, the Nasdaq Composite fell 2.86% and the S&P 500 declined 1.82%, with all seven Magnificent Seven stocks finishing lower. Intel plunged 28.58% in its first session after earnings, while Amazon fell 1.41% as AWS revenue grew 39.3%. Seven OPEC+ members, including Saudi Arabia and Russia, decided on November 1 to maintain September's required production levels for December. Their next meeting is scheduled for November 29. The decision concerns targets and does not establish that actual supply or exports will remain unchanged.