Stock Market News·2025-11-20 19:07Core Market Dynamics - The U.S. stock market experienced significant volatility on November 20, 2025, with initial gains from Nvidia's strong earnings evaporating by afternoon trading [1][9] - Major indexes like the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all saw substantial swings, with the S&P 500 initially rising by 1.9% before dropping to a loss of 0.7% [2][3] Sector Performance - Technology stocks, which initially led the morning rally, faced sharp losses in the afternoon, indicating a reassessment of high valuations amid economic uncertainties [4] - Walmart emerged as a notable outlier, with shares jumping approximately 6% due to better-than-expected third-quarter results and an optimistic outlook for fiscal year 2026 [5] Economic Data Impact - The delayed September jobs report revealed stronger-than-expected job growth with 119,000 jobs added, surpassing the forecast of 50,000, but the unemployment rate rose to 4.4% from 4.3% [6][7] - This mixed employment data complicates the Federal Reserve's outlook ahead of its December FOMC meeting, with the odds of a 25 basis point rate cut rising to 39.6% [7] Major Corporate Announcements - Nvidia reported blockbuster fiscal 2026 third-quarter results, exceeding expectations and providing a strong revenue forecast, although shares later pared gains to a decline of about 2.3% [12] - Other companies like Palo Alto Networks and Bath & Body Works faced challenges, with Palo Alto's shares slipping after announcing an acquisition and Bath & Body Works plummeting approximately 17% due to disappointing earnings [12]