Market Performance - U.S. equities ended mixed on November 14, 2025, with major indexes showing flat or slightly lower performance due to investor caution [1] - The Dow Jones Industrial Average (DJI) closed down 0.7% at 47,147.48, marking its second consecutive daily decline but a weekly gain of 0.3% [2] - The S&P 500 (SPX) dipped 0.1% to 6,734.11, recovering from an early session drop of 1.3%, and posted a modest weekly gain of 0.1% [2] - The Nasdaq Composite (COMP) finished up 0.1% at 22,900.59, despite ending the week down 0.5% [2] Sector Performance - The technology sector experienced significant volatility, with Nvidia (NVDA) initially falling but closing up more than 1% after a prior sell-off [4] - Tesla (TSLA) shares rebounded after an early drop of 4%, closing higher [4] - Other AI-linked stocks such as Palantir Technologies (PLTR), Arm Holdings (ARM), AppLovin (APP), Advanced Micro Devices (AMD), and Broadcom (AVGO) also recovered from earlier declines [4] - Intel (INTC) remained in negative territory [4] Cryptocurrency Market - Cryptocurrency-related stocks faced pressure as Bitcoin traded around $94,300, its lowest since early May [5] - Companies like MicroStrategy (MSTR), Robinhood Markets (HOOD), Coinbase Global (COIN), and MARA Holdings (MARA) saw significant declines, with Robinhood being the worst performer on the S&P 500 [5] Corporate News - Merck (MRK) expressed confidence in CD388 as a growth driver, with the transaction expected to close in Q1 next year [6] - Cidara Therapeutics (CDTX) shares surged by 105% to around $218 following positive news [6] - Walmart (WMT) shares ended near flat after announcing CEO Doug McMillon's retirement [6] - Nike (NKE) shares fell 1.7% after a previous surge of 3% due to an upgrade from Wells Fargo [6] Earnings Announcements - Prairie Operating Co. (PROP) announced its Q3 2025 results, with a conference call scheduled for November 17, 2025 [7] - Quantum Computing Inc. (QUBT) is expected to report earnings with a consensus EPS forecast of $-0.05, a 16.67% increase from the same quarter last year [8] Upcoming Market Events - The week of November 17-21, 2025, will feature important economic data releases and corporate earnings reports that could influence market direction [9] - Key events include the New York Empire State Manufacturing Index and speeches from Federal Reserve officials on November 17 [10] - The FOMC October meeting minutes will be released on November 19, providing insights into the Federal Reserve's discussions [11] - Earnings reports from major companies, including Nvidia (NVDA) and Walmart (WMT), are also anticipated [12]
Mixed Close on Wall Street as Tech Rebounds Amid Rate Cut Uncertainty