The Economic Times·2025-11-20 01:54Core Insights - Nvidia's shares rose over 5% after forecasting fourth-quarter revenue above Wall Street estimates, indicating strong demand for AI products [1][8] - The market reacted positively, with other tech stocks like Advanced Micro Devices, Alphabet, and Palantir Technologies also seeing gains [1][8] - Concerns remain about the profitability of AI investments, as evidenced by Target's 2.8% drop in shares due to disappointing quarterly sales [6][8] Market Performance - The S&P 500 is down more than 3% from its October highs, reflecting ongoing market volatility [2][8] - The Dow Jones Industrial Average increased by 47.03 points (0.10%) to 46,138.77, while the S&P 500 gained 24.84 points (0.38%) to 6,642.16, and the Nasdaq Composite advanced 131.38 points (0.59%) to 22,564.23 [8] - Declining issues outnumbered advancers on both the NYSE and Nasdaq, with a ratio of 1.59-to-1 and 1.54-to-1 respectively [6][7][8] Economic Indicators - The Federal Reserve's recent minutes indicated caution regarding lower borrowing costs, which could impact inflation control efforts [2][8] - Investors are awaiting the September U.S. jobs report, which will be combined with November's report due to the government shutdown [8]