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Good morning from the newsroom of the Financial Times. Today is Tuesday

October 30th and this is your FT news briefing. Today we'll be looking at a

wild ride on Wall Street and why the US is sending over 5,000 troops to its border with Mexico.

Then we'll hear about the UK government's push to get tech companies to pay more taxes.

Plus, the end of the miracle era and what to expect from

Facebook's third quarter earnings. I'm Eric Krupky and here's the news you need to start your day.

Wall Street endured a wild ride yesterday.

The S&P 500 and the Dow Jones Industrial Average

both fell into correction territory during interday trade, meaning they both faced a drop of 10% from their peaks.

A late recovery helped them pull back from that drop as investors bought into the companies they perceived to be less vulnerable to an economic slowdown.

But both indexes closed lower after reports that the US plans to impose new levies

against all remaining Chinese imports that haven't yet been hit with

tariffs.

The declines on Monday extended a rough few weeks for U.S. equities.

The S&P is heading for its worst monthly performance since February 2009.

And on Friday we reported U.S. President Donald Trump would be sending 800 troops to the border to meet a group of migrants.

Now the Department of Defense plans to send more than 5,200 active duty troops to meet the caravan.

Commander of the U.S. Northern Command General Terence O'Shaughnessy said the armed troops

would be at the border with Mexico by the end of the week.

...