US Stocks Fall Sharply

2025-11-04 14:39 By Joana Taborda 1 min. read

US stocks were sharply lower on Tuesday, with the S&P 500 down 1%, the Nasdaq falling 1.5%, and Dow Jones slipping 200 points, as the recent AI-driven rally showed signs of fatigue and investors digested a fresh batch of corporate earnings.

Adding to the cautious mood, several Wall Street chief executives including those from Morgan Stanley and Goldman Sachs, warned at a summit in Hong Kong that markets may be due for a significant correction.

Meanwhile, traders readjust their Fed rate cut bets for December, following a series of mixed comments from Fed officials.

Tech, energy and industrials were the worst performing sectors while consumer staples managed to stay in the green.

Palantir Technologies tumbled nearly 10% on valuation concerns, despite beating quarterly estimates and raising its full-year revenue outlook.

Also, Nvidia fell 2.7% and Tesla declined 4.2%.

AMD was also down 3.6% ahead of tis earnings release after the closing bell



News Stream
US Futures Hold Recent Rally
US equity futures were muted on Tuesday, holding their three-session rally after the US and Iran said they agreed to a deal that ends the conflict and reestablishes energy exports from the Persian Gulf. Contracts for the S&P 500, Nasdaq 100, and Dow were mostly flat with the latter hovering at a record high. Despite lingering inconsistencies in the terms of the deal per different reports, the US and Iran were still due to sign the agreement on Friday, with US authorities stating the Strait of Hormuz will reopen. Bond yields pulled back further as the development softened pro-inflationary concerns ahead of the Fed's likely rate hold tomorrow, although Chairman Warsh may continue to push for monetary framework overhauls in his first meeting. SpaceX was 10% higher premarket to gain 40% since its IPO on Friday following news it will aquire Cursor for $60 billion. In turn, tech heavyweights trimmed their gains following their rallies earlier, with Microsoft, Meta, and Alphabet edging down.
2026-06-16
US Futures Drift Ahead of Fed Meeting
US stock futures drifted flat to slightly lower on Tuesday as investors awaited the Federal Reserve’s first policy meeting under new chair Kevin Warsh, with the central bank widely expected to keep interest rates unchanged. Markets also remained focused on geopolitical developments amid expectations that the US and Iran will sign a peace agreement in Switzerland on Friday, a move that could lead to the reopening of the Strait of Hormuz. In regular trading on Monday, the Dow advanced 0.92%, the S&P 500 climbed 1.65%, and the Nasdaq Composite surged 3.07%. Seven of the 11 S&P sectors ended higher, with technology, communication services, and consumer discretionary stocks leading the gains. Sentiment was boosted after President Donald Trump announced that the US and Iran had reached an agreement to end the war in the Middle East.
2026-06-16
The Dow Jones Index Closes 0.92% Higher
The Dow Jones Index went up by 469 points or 0.92 percent on Monday to close at 51671 points. The rise was led by Boeing (4.66%), Nvidia (3.40%) and Amazon (3.12%). On the downside, the weakerst performers were Chevron (-3.60%), Merck (-3.37%) and Verizon (-2.06%).
2026-06-15