Evening Market Recap - Wednesday, 19-Nov
Update: 2025-11-19
Description
US equities finished higher in Wednesday afternoon trading, closing off worst levels, with the Dow Jones, S&P500, and Nasdaq closing up 10bps, 38bps, and 59bps respectively. Positive close followed a four-day slide for the S&P, with Nvidia higher ahead of its post-close print. October's FOMC minutes noted "many" participants suggested it would be appropriate to keep rates unchanged for rest of the year. Treasury auction of $16B in 20-year bonds tailed by 0.2 bp, with the bid-to-cover and foreign demand both weaker than recent trends. TJX and Williams Sonoma beat and raised, but Target missed and lowered FY EPS.
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