Stocks fell sharply Thursday, with tech among the hardest hit as AI valuations again got questioned and rate cut odds got pinched. Fed speakers today could get a close watch.
After the worst day in a month, stocks fell again on concerns about AI valuations and diminished hopes of a rate cut. Fed speakers loom, with retail and Nvidia earnings next week.
Investors were sent on a roller-coaster rise this week, driven by continued selling pressure in the tech/AI space and relatively hawkish Fed speak around the potential for a December rate cut.
Disney's results could give insight into consumer entertainment spending. This follows a firm outing from Cisco and comes as investors eye D.C. for a possible end to the shutdown.
After Congress reached an agreement to fund government operations, President Trump signed the bill, ending the longest government shutdown in U.S. history after 43 days.
Stocks are up this week as investors await a House vote to end the shutdown. Today brings Cisco earnings, followed by Disney tomorrow. Nvidia is in focus after Tuesday's retreat.
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Market Snapshot | November 2025