Market Dip, Tech Slump, Earnings Ahead
Update: 2025-11-18
Description
Stock markets in the US experienced a downturn on Monday, with the S&P 500, Dow Jones, and Nasdaq all closing lower. This dip comes as investors await economic reports and company earnings later this week. Alphabet stock surged following Berkshire Hathaways disclosure of a significant stake, but other tech giants like Nvidia, Apple, and Meta closed lower. Nvidias earnings report, expected on Wednesday, will be a key indicator for the AI sector, while retail giants earnings will provide insights into consumer spending. The weeks economic calendar is packed with delayed reports, including employment, industrial production, and trade balance figures. Despite the overall market decline, the Empire manufacturing survey unexpectedly rose to an 18.7, a one-year high, and Fed Governor Christopher Wallers comments suggest a possible rate cut in December.
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