Nvidia(US:NVDA) Youtube·2025-11-17 21:46Market Overview - Major indices are set to close below their 50-day moving averages for the first time since April, indicating potential market volatility [2][6] - The Dow Jones Industrial Average is down more than 500 points, approximately 1.2%, while the S&P 500 is down about 61 points or 0.9% [7][8] - The Nasdaq composite and Nasdaq 100 also experienced similar declines, with the Russell 2000 down 2% [7] Sector Performance - Communication services sector saw gains, primarily driven by Alphabet, which was up as much as 6.3% intraday after Berkshire Hathaway disclosed a stake worth approximately $4.9 billion [10][11] - Financials, energies, and materials sectors were among the worst performers, contributing to overall selling pressure [9] Notable Stock Movements - Lithium producers, including SQM and Albemarle, experienced stock price increases of 9% and 2.2% respectively, following a bullish forecast from a major Chinese supplier [12] - Dell was the worst performer in the S&P 500, down 8.4%, due to a double downgrade from Morgan Stanley, citing risks from a memory supercycle [16][17] - Blue Owl Capital shares fell 5.6% amid concerns regarding its financing of data centers [18] Upcoming Events - Significant government data releases are expected this week, including video earnings, Fed minutes, and a jobs report, which could influence market direction [3][6]