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Dow Hits New High, Tech Stocks Wobble Amid Shutdown Hope

Dow Hits New High, Tech Stocks Wobble Amid Shutdown Hope

Update: 2025-11-12
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US stocks had a mixed day on November twelfth, with the Dow Jones Industrial Average nearing a new record high, while major tech stocks wavered. The Dow climbed, building on its previous days record close, but the S&P five hundred remained flat and the Nasdaq Composite dropped. This followed a split session for stocks the previous day. Tech stocks initially perked up after AMDs CEO shared a positive outlook, but other big tech companies saw their shares pull back. Theres growing optimism about a House vote that could end the government shutdown, potentially leading to a flood of delayed economic data. Wall Street is eager for official economic insights, with several Fed officials speaking today, including new appointee Stephen Miran and Christopher Waller, who is reportedly being considered for the central banks next chair. The focus is on finding clues about the Feds policy decision at its December meeting, with most predictions still pointing to a quarter-point rate cut.

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Dow Hits New High, Tech Stocks Wobble Amid Shutdown Hope

Dow Hits New High, Tech Stocks Wobble Amid Shutdown Hope