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All three major indexes closed higher on October 28. The Federal Reserve held its policy rate at 3.75%–4%. Bitcoin briefly rose above $81,000 before pulling back. Storage, optical communications and Neocloud stocks strengthened broadly, with SK Hynix up more than 10%. Google fell about 9%–10% after hours, while Microsoft rose about 4%. Investors will watch after-hours earnings from Amazon, Intel and others on October 29.
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