US Stocks Fall Sharply on Thursday

2025-11-06 21:02 By Felipe Alarcon 1 min. read

US stocks fell sharply on Thursday, with the S&P 500 down 1%, the Nasdaq off 1.7%, and the Dow Jones slipping 317 points as renewed pressure on AI-linked and tech shares weighed on Wall Street.

Concerns over lofty AI valuations resurfaced after mixed earnings, dragging Qualcomm 4.5% lower, Tesla 2.8% ahead of its shareholder meeting, and AMD 7%.

Oracle and Palantir sank 2.6% and 6.8%, while megacaps Nvidia (-3.8%), Microsoft (-1.8%), Amazon (-2.3%), and Meta (-2.7%) also tumbled.

Fears of a deeper labor-market cooling compounded the tech-led slide, after Challenger reported 153,000 announced job cuts in October, the highest for that month in 22 years, much of it tied to AI integration and cost optimization.

With the government shutdown limiting official releases, investors relied on private indicators that painted a weaker picture of the economy, adding to risk aversion.



News Stream
US Stocks Slip Back into the Red Amid Volatile Trading
US stocks fell on Thursday, with the S&P 500 slipping 0.3%, the Nasdaq dropping 0.4%, and the Dow Jones losing roughly 200 points, though all three pared larger losses seen earlier in the session. A report that Iran is drafting a protocol with Oman to monitor traffic through the Strait of Hormuz helped ease some market pressure. Nevertheless, volatility is likely to persist amid escalating rhetoric from President Trump and crude oil prices remaining near 2022 highs. Yesterday, Trump vowed to take more aggressive action against Iran. Sector performance was mixed: consumer discretionary stocks underperformed, while utilities led gains. Tesla shares tumbled about 5% after reporting weak first-quarter deliveries. Meta declined over 1%, Nvidia edged up 0.5%, and Netflix rose around 2.6%. The US stock market will be closed on Friday in observance of the Easter holiday.
2026-04-02
US Stocks Attempt a Rebound
The three major US indices pared early losses to trade around the flatline on Thursday, with the Dow Jones recovering from an initial drop of around 600 points. Both the S&P 500 and the Nasdaq had fallen more than 1% earlier in the session before rebounding. A report that Iran is drafting a protocol with Oman to monitor traffic through the Strait of Hormuz helped to ease some pressure but volatility is expected to persist amid escalating rhetoric from President Trump and as crude prices remain near 2022 highs. Yesterday, Trump pledged to take more aggressive action against Iran. Consumer discretionary stocks underperformed, while energy, utilities, and real estate led gains. Tesla shares fell about 4% after reporting weak first-quarter deliveries. Meta declined roughly 1%, while Nvidia rose 0.3% and Netflix gained around 2%. The US stock market will be closed on Friday for the Easter holiday.
2026-04-02
The Dow Jones Index Opens 0.90% Lower
The Dow Jones Index is losing -418 points. Losses were led by Sherwin-Williams (-3.81%), Nike (-2.98%) and Home Depot (-2.66%). Offsetting the fall, top gainers were Chevron (2.92%), J&J (0.96%) and Walmart (0.69%).
2026-04-02