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US Equity Indexes Lose Steam in Midday Trading
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US Equity Indexes Lose Steam in Midday Trading
Nov 20, 2025 1:35 PM

12:17 PM EST, 11/20/2025 (MT Newswires) -- US equity indexes fell in Thursday's midday trading, giving up all gains following a blockbuster earnings report from Nvidia ( NVDA ) overnight.

The Nasdaq Composite fell 0.3% to 22,512.1, with the S&P 500 down 0.2% to 6,627.2 and the Dow Jones Industrial Average 0.1% lower at 46,070.3.

Technology and industrials led the decliners, while the consumer staples sector was the top gainer. All sectors were up earlier in the session, with technology, communication services, and consumer discretionary leading.

Nvidia ( NVDA ) has "significant" additional growth and stock upside potential, given that the company delivered solid Q3 results and reinforced its 50% artificial intelligence total addressable market compound annual growth rate outlook, Truist Securities said in a note.

September nonfarm payrolls rose by 119,000, above the 51,000 jobs increase expected in a survey compiled by Bloomberg, while August payrolls saw a downward revision to a 4,000 decrease, and July payrolls were revised down to a 72,000 increase, for a net downward revision of 33,000 jobs, according to a Bureau of Labor Statistics report Thursday.

The unemployment rate rose to 4.4% in September from 4.3% in August, versus a forecast of 4.3%. Hourly earnings edged up 0.2%, versus the 0.3% gain expected and a 0.4% increase in August.

Most Treasury yields fell, with the 10-year down 3.3 basis points to 4.1% and the two-year lower by 4.6 basis points to 3.55%.

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