Stock Market Slightly Ups, Tech Sector Cools
Update: 2025-11-28
Description
The stock market saw a slight uptick overnight, with futures for the Dow, S&P, and Nasdaq gaining about one tenth of a percent each. However, the Nasdaq is on track to end a seven-month winning streak. The market has slowed down this month due to a cooling in the tech sector, with investors questioning the profitability of AI-driven businesses. Both the Dow and S&P are at risk of breaking their six-month gain streak, while the Nasdaq is set to snap its impressive winning streak. Analysts predict the S&P to reach 8000 by the end of 2026, though this is considered optimistic. The markets will close early today at 1 PM Eastern Time, with no major earnings reports expected for the rest of the week.
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