Wall Street Rebounds Amidst Earnings Deluge and Economic Data, AI Concerns Linger

Market Performance - U.S. equities rebounded on November 5, 2025, with major indexes closing higher after a tech-led sell-off the previous day [1][2] - The S&P 500 rose between 0.4% and 0.9%, closing at approximately 6832 points, marking a 1.36% increase over the past month and a 15.23% year-over-year gain [2] - The Dow Jones Industrial Average advanced between 0.1% and 0.6%, while the Nasdaq Composite led the market with gains between 0.4% and 1.2% [2] Corporate Earnings and Stock Movements - Nvidia (NVDA) shares increased between 0.6% and 1.6%, and Alphabet (GOOGL) saw gains between 2.1% and 2.4% [4] - McDonald's (MCD) shares rose between 2% and 3.4% due to strong third-quarter sales driven by the return of Snack Wraps [5] - International Flavors & Fragrances (IFF) jumped 4.7% after exceeding profit forecasts, while Johnson Controls (JCI) gained after issuing a positive 2026 profit forecast [5] - Advanced Micro Devices (AMD) initially declined but closed up 2.5% after reporting strong quarterly results [5] Declines in Stock Prices - Axon Enterprise (AXON) fell between 9% and 11.9% after forecasting weaker profits than expected [6] - Live Nation Entertainment (LYV) dropped 7.8% following disappointing results, and Palantir Technologies (PLTR) continued to slide, falling another 1.5% to 3.4% [6] - Pinterest (PINS) plummeted almost 22% after missing earnings estimates, while Humana (HUM) tumbled between 6% and 9.5% after its third-quarter results [6] Upcoming Earnings Announcements - Notable companies scheduled to report quarterly results after market close include Qualcomm (QCOM), Applovin (APP), and DoorDash (DASH) [7] Economic Indicators and Federal Reserve Outlook - Key labor market indicators, including JOLTs Job Openings and Initial Jobless Claims, are set for release on November 6, 2025 [8] - The Federal Reserve's next FOMC meeting is scheduled for December 9–10, 2025, with a 65% chance of an interest rate cut anticipated [9] Bond Market Activity - Treasury yields rose, with the 10-year Treasury yield climbing to 4.15% from 4.09% [10] - The ongoing government shutdown has limited official economic data, increasing the importance of private sector reports [10]