NEW YORK (AP) — U.S. stock markets suffered an early morning swoon Friday; NvidiaBitcoin, Gold etc. high flyer An increasingly anxious Wall Street shook, but it quickly subsided.
The S&P 500 wiped everything out after opening the day with a 1.3% plunge, then meandered up and down before finishing with a modest 0.1% decline. The Nasdaq Composite Index rose 0.1%, and the Dow Jones Industrial Average, after initially falling nearly 600 points, narrowed its decline to 309 points, or 0.7%.
Options traders Stephen Rodriguez, left, and Scott Frenzy work on the floor of the New York Stock Exchange on Friday, Nov. 14, 2025. (AP Photo/Richard Drew)
One day after the stock market crash, AI stocks are back in the spotlight. Wall Street enters worst decline Since the spring sale. Nvidia became a symbol of the enthusiasm around it artificial intelligence The stock started the day down 3.4%. It then soared, rising 1.8% and subsequently pulling the market.
critic I’ve warned you The US stock is The market may be poised for a decline Because since April, the prices have skyrocketed and the prices seem too high. They specifically pointed to stocks that have been swept up by AI enthusiasts. Nvidia stock, for example, has more than doubled in four of the past five years, and the chip company is up more than 40% so far this year.
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Despite the S&P 500 index’s wild swings in recent weeks, the index that dictates the behavior of many 401(k) accounts remains within 2.3%. That record was set late last month..
“Occasional market declines are the price of the ticket for that ride,” said Brian Jacobsen, chief economist at Annex Wealth Management.
Outside of tech products, Walmart fell 0.1% after saying: CEO Doug McMillon retires In January, he made a surprising move. By early morning, the stock had fallen as much as 3.6%. Mr. McMillon helped retailers take greater advantage of technology.
Overall, the S&P 500 fell 3.38 points to 6,734.11. The Dow Jones Industrial Average fell $309.74 to $47,147.48, and the Nasdaq Composite Index rose $30.23 to $22,900.59.
One way for companies to quell criticism of overly high stock prices is to achieve solid profit growth. That raises expectations for Nvidia’s earnings report on Wednesday, which is expected to reveal how much profit the company made over the summer.
Options trader Anthony Spina works on the floor of the New York Stock Exchange on Friday, Nov. 14, 2025. (AP Photo/Richard Drew)
If the stock falls short of analysts’ expectations, it could fall further. This will have a big impact on the market, as Nvidia has become Wall Street’s largest stock by market capitalization. Because of this, Nvidia’s stock price movements have a greater impact on the S&P 500 than other companies, and it can almost single-handedly determine the direction of the index on any given day.
Another way stocks look broadly cheap is if interest rates fall. Investors may be willing to pay higher prices for stocks and other types of investments if bonds pay less interest.
Treasury yields had been falling through much of this year on expectations that: the federal reserve will cut interest rates The main interest rate is several times higher. And the Fed has actually already cut interest rates twice in hopes of fiscal consolidation. Slowing job market.
But there are questions about whether a third rate cut will actually occur after the Fed’s next meeting in December, which traders had previously seen as highly likely. The downside to lower interest rates is that it can worsen inflation. Inflation continues stubbornly That’s above the Fed’s 2% target.
Fed officials pointed to US government shutdownThe release of was delayed Latest information on the job market and other signals About the economy. With little information and certainty about what the situation is, some Fed officials have suggested it might be better to wait until December for more clarity.
In the bond market, the 10-year Treasury yield rose to 4.14% from 4.11% late Thursday.
Specialist Anthony Matesich works on the floor of the New York Stock Exchange on Friday, Nov. 14, 2025. (AP Photo/Richard Drew)
Bitcoin is one investment that can benefit from falling interest rates. It fell below $95,000, returning to May levels. In October alone, it was nearly $125,000.
Meanwhile, gold prices fell by 2.4%. that keep records throughout the year Investors were looking for something that could protect them from the high inflation and huge debts built up by governments in the United States and elsewhere around the world. But if interest rates remain high, gold, which doesn’t pay investors anything in interest or dividends, could take a hit.
In overseas stock markets, indexes fell across Europe and Asia. South Korea’s Kospi fell 3.8%, one of the world’s biggest declines.
of london FTSE 100 falls 1.1% amid speculation British government may withdraw There are plans to raise income taxit will help you reduce your debt little by little.
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Associated Press writer Teresa Cerrojano contributed.
