financetom
Market
financetom
/
Market
/
Technology, Communication Services Send Nasdaq Composite Lower
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Technology, Communication Services Send Nasdaq Composite Lower
Nov 11, 2025 11:05 AM

01:33 PM EST, 11/11/2025 (MT Newswires) -- US equity indexes were mixed after midday Tuesday as declines in technology and communication services pushed the Nasdaq Composite lower.

The Nasdaq retreated 0.3% to 23,463.2, while the S&P 500 rose 0.2% to 6,843.2 and the Dow Jones Industrial Average climbed 1.1% to 47,875.3. Healthcare and energy led the gainers.

Six Magnificent-7 shares traded down, with Nvidia ( NVDA ) leading the pack lower. SoftBank Group reported the sale of all Nvidia ( NVDA ) shares owned by the Japanese group for $5.83 billion. The Nvidia ( NVDA ) stock fell 2.8% intraday, the steepest decliner on the Dow.

CoreWeave ( CRWV ) reported a strong Q3 but lowered its fiscal 2025 revenue outlook by $150 million to $5.10 billion, citing an isolated supply chain constraint, BofA Securities said in a Tuesday note. Shares of the $45 billion market-cap technology group sank 14% intraday.

Paramount Skydance ( PSKY ) shares surged 11% intraday, the top gainer on the S&P 500, after the company reported better-than-expected Q4 revenue guidance. The company also said it implemented a "significant" workforce reduction. Benchmark adjusted Paramount's price target to $19 from $16 while maintaining its buy rating.

In economic news, ADP's weekly measure of private payrolls showed an average decrease of 11,250 jobs in the four weeks ending on Oct. 25. This is the second national employment weekly report published by ADP.

Redbook US same-store sales rose by 5.9% from a year earlier in the week ended Nov. 8 after a 5.7% year-over-year increase in the previous week.

The Senate has passed a bill to end the longest US government shutdown in history, which will now need to be passed by the House of Representatives and then by President Donald Trump to be signed into law, according to a note from D.A. Davidson. Speaker Mike Johnson said the bill could be passed as soon as Wednesday, Reuters reported Tuesday.

West Texas Intermediate crude oil futures jumped 1.4% to $60.99 a barrel.

Gold futures were 0.1% lower at $4,118.40 per ounce, while Silver futures climbed 0.8% to $50.69.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
AT&T, Nucor And 3 Stocks To Watch Heading Into Monday
AT&T, Nucor And 3 Stocks To Watch Heading Into Monday
Jan 27, 2025
With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects AT&T Inc. ( T ) to report quarterly earnings at 50 cents per share on revenue of $32.04 billion before the opening bell, according to data from Benzinga Pro. AT&T ( T ) shares...
S&P 500 Retreats After Hitting Fresh Records: Investor Sentiment Improves, But Fear & Greed Index Remains In 'Neutral' Zone
S&P 500 Retreats After Hitting Fresh Records: Investor Sentiment Improves, But Fear & Greed Index Remains In 'Neutral' Zone
Jan 27, 2025
The CNN Money Fear and Greed index showed further improvement in overall market sentiment, while the index remained in the “Neutral” zone on Friday. U.S. stocks settled lower, as the S&P 500 recorded losses after hitting fresh records on Friday. Some mega-cap tech stocks closed lower, with shares of Nvidia Corp. ( NVDA ) falling more than 3%, while Tesla...
South African rand weakens ahead of data-filled week
South African rand weakens ahead of data-filled week
Jan 26, 2025
JOHANNESBURG, Jan 27 (Reuters) - South Africa's rand slipped on Monday, ahead of a week packed with domestic and international data releases, with eyes set on interest rate decisions from the Federal Reserve and the South African Reserve Bank (SARB). At 0657 GMT, the rand traded at 18.50 against the dollar , about 0.5% weaker than its previous close. The...
JGB yields follow US peers lower as investors weigh BOJ outlook
JGB yields follow US peers lower as investors weigh BOJ outlook
Jan 26, 2025
TOKYO, Jan 27 (Reuters) - Japanese government bond (JGB) yields fell on Monday, tracking a decline in U.S. Treasury yields at the end of last week, with investors assessing the outlook for further interest rate hikes in Japan this year. The 10-year JGB yield was down 1.5 basis points (bps) at 1.215%, while 10-year JGB futures rose 0.2 points to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved