The S&P 500 and the Dow Jones were down for a fourth consecutive session on Tuesday, losing 0.5% and 0.8% respectively while the Nasdaq decreased 0.6%.
Traders remained in a risk-off mood amid renewed concerns over high valuations in AI and tech stocks, ahead of Nvidia's earnings report. Consumer discretionary was the biggest laggard while consumer staples outperformed.
Nvidia (-1.4%), Microsoft (-1.5%), Amazon (-1.9%) and Meta were sharply lower and Home Depot tumbled more than 4% after cutting its full-year profit forecast. Investors are also watching the resumption of key economic releases that were delayed by the government shutdown, amid worries that the data could discourage the Fed from further cutting interest rates.
The latest data showed initial jobless claims at 232K for the week ended October 18, while continuing claims reached 1.957 million, the highest level since August. The weekly ADP report showed companies cut 2.5K jobs on average in the four weeks to November 1st.
Source: Tradingeconomics.com
European markets opened lower on Tuesday (November 18th) as global markets weakened amid renewed concerns over AI-related stocks. The pan-European Stoxx 600 was trading nearly 1.2% lower shortly afte...
On Tuesday morning, November 18, 2025, sentiment on Asian markets remained cautious following a sharp decline on Wall Street and concerns about the Fed's interest rate direction. Most indexes in the r...
The Dow Jones Industrial Average (DJIA) hit another weak patch on Monday, backsliding nearly 500 points and slipping back below the 47,000 handle to start the new trading week with many of the same qu...
The three major stock averages in the US swung around the flatline on Monday, as investors braced for the resumption of economic data releases from major statistical agencies following the end of last...
Asian stock markets opened cautiously at the start of the week, with the MSCI Asia Pacific index rising slightly by 0.2%. The Kospi led the gains, while Japan's Nikkei index fell 0.5% after data showe...
The global economy is entering a fragile phase, with growth slowing, while the shadow of recession has not completely disappeared. The World Bank projects global economic growth of only around 2.3% in 2025, with a "sluggish" recovery in the...
The S&P 500 and the Dow Jones were down for a fourth consecutive session on Tuesday, losing 0.5% and 0.8% respectively while the Nasdaq decreased 0.6%. Traders remained in a risk-off mood amid renewed concerns over high valuations in AI and...
Oil prices were steady on Tuesday (November 18), regaining ground after a decline earlier in the session, as traders weighed the impact of Western sanctions on Russian oil flows compared to the expected supply surplus next year. Brent crude rose 2...
Asian stock markets opened cautiously at the start of the week, with the MSCI Asia Pacific index rising slightly by 0.2%. The Kospi led the gains,...
Federal Reserve Vice Chair Philip Jefferson said on Monday the U.S. central bank needs to "proceed slowly" with any further interest rate cuts as it...
The three major stock averages in the US swung around the flatline on Monday, as investors braced for the resumption of economic data releases from...
The global geopolitical situation is once again showing signs of escalation, particularly in the Asia-Pacific region. A ship collision between the...