Yahoo Finance·2025-11-05 14:20Market Overview - Futures are trading modestly higher after a risk-off day, with the NASDAQ leading the sell-off, closing over 2% lower due to a significant drop in Palantir despite better-than-expected results [2] - The S&P 500 and Dow Jones Industrial Average managed to recover some losses, closing at 6771 and 47,085 respectively, while the NASDAQ closed at 23,348 [2] - Concerns about AI valuation and warnings from top Wall Street bankers about an overbought market contributed to the selling pressure [2][5] Treasury Bonds - Yields across the Treasury curve fell as investors sought the safety of U.S. government debt, with the 10-year bond closing at 4.0% and the 30-year bond at 4.67% [3] - Shrinking job openings to the lowest level since 2021 may support expectations for a December rate cut, as Fed Governors suggest current rates are too restrictive [3] Oil and Gas - Brent Crude and West Texas Intermediate prices declined due to the equity market sell-off and speculation that Russian sanctions may not be as severe as anticipated [4] - Natural Gas prices increased by 1.15% to $4.31, with expectations that the energy trade for 2025 and 2026 may focus on Natural Gas due to rising power demands from AI cloud computing [4] Technology Sector - The technology, AI, and Data Center sectors experienced significant selling pressure, leading to concerns among "Buy the Dip" investors [5] - The focus is shifting towards economic data as the third-quarter earnings season concludes, with investors questioning the potential for a December rate cut [5]