Bloomberg Market Wrap 10/30: Dow Transports, Gold, Facebook

The video discusses the performance of major market indices, focusing on the Dow and S&P 500, and highlights the underperformance of Dow transports due to logistics companies' earnings misses. It then shifts to the gold market, noting its recent rally and subsequent stall due to Fed policy signals and US-China trade optimism. Finally, the video previews Facebook's upcoming earnings, discussing user growth, revenue expectations, and potential regulatory challenges.

Discuss the relationship between the S&P 500 and Dow transports as mentioned in the text.

What was the significance of the anticipated rally in gold ahead of the Fed rate decision?