US Stocks Tumble on Tuesday

2025-11-04 21:01 By Felipe Alarcon 1 min. read

US stocks tumbled on Tuesday, with the S&P 500 down 1.1%, the Nasdaq shedding 2.1%, and the Dow losing about 240 points, as investors grew increasingly uneasy over stretched valuations in AI-driven names and cautious outlooks from top Wall Street executives.

Tech-heavy losses led the decline, with Palantir plunging 8.1% on valuation concerns despite beating earnings estimates, while Nvidia (-2.7%), AMD (-2.1%), and Oracle (-2.6%) also fell sharply.

The pullback comes as the S&P 500’s forward P/E ratio climbed above 23, near its highest since 2000, heightening fears of a correction after months of concentrated gains in a handful of AI stocks.

Comments from Goldman Sachs’ David Solomon and Morgan Stanley’s Ted Pick, warning of potential 10–20% market drawdowns, deepened the cautious sentiment.

Tech, energy, and industrials led losses, while defensive consumer staples and financials outperformed.

Berkshire Hathaway gained 3.3% as investors turned to safe plays amid the broader selloff.



News Stream
The Dow Jones Index Closes 0.83% Higher
The Dow Jones Index went up by 423 points or 0.83 percent on Friday to close at 51655 points. The rise was led by Amazon (3.31%), Cisco Systems (3.03%) and Visa (2.83%). On the downside, the weakerst performers were 3M (-2.19%), Home Depot (-1.57%) and Apple (-1.11%).
2026-10-09
US Stocks Rise on Earnings Optimism
US stock indices closed higher on Friday amid expectations of a strong earnings season. The S&P 500 rose 0.6%, the Nasdaq 100 gained 0.5%, both nearing their record highs, while the Dow added 423 points. Robust results across sectors have helped drive equity returns this year. Wall Street’s largest banks are expected to report nearly $19 billion in stock-trading revenue when they release quarterly earnings next week. Goldman Sachs (+1.4%), which reports Tuesday, is forecast to post $5.1 billion, followed by Morgan Stanley (+1.4%) at $4.9 billion, according to estimates. JPMorgan (+0.5%) is expected to report $4.5 billion, while Bank of America (+1.4%) is forecast to generate $2.6 billion. AI Hyperscalers gained on expectations that OpenAI will exceed $70 billion in annualized revenue by year-end. Alphabet rose 1%, Microsoft added 2.4% and Amazon gained 3.3%. For the week, the S&P 500 rose 0.9%, the Nasdaq shed 0.1% and the Dow gained 585 points.
2026-10-09
The Dow Jones Index Opens 0.26% Higher
The Dow Jones Index is up by 135 points or 0.26 percent on Friday. Top gainers are UnitedHealth (3.57%), Amazon (1.62%) and Boeing (0.93%). Biggest losses came from Apple (-2.14%), 3M (-1.24%) and Home Depot (-1.03%).
2026-10-09