Stock Market News·2025-11-21 14:07Market Overview - The U.S. stock market is experiencing volatility with mixed signals in premarket trading following a significant sell-off, driven by concerns over AI stock valuations and uncertainty regarding the Federal Reserve's interest rate policy [1][2][10] - Major indexes closed sharply lower in the previous session, with the Nasdaq Composite down 2.15%, S&P 500 down 1.56%, and Dow Jones Industrial Average down 0.84%, indicating a potential for significant weekly losses [5] Premarket Trading and Futures - Nasdaq 100 futures are down approximately 0.2% to 0.5%, while Dow Jones futures are up between 0.4% and 0.8%, and S&P 500 futures are largely unchanged or up around 0.3% to 0.6% [2] - The sentiment in premarket trading is characterized by a "risk-off" mood, particularly affecting the tech sector and cryptocurrencies, with Bitcoin trading around $82,800, its lowest since April 11 [3] Treasury Yields and Commodities - The yield on the 10-year Treasury note has slightly decreased to 4.07% from approximately 4.10% [4] - WTI crude futures have dropped 2.2% to $57.85 per barrel, and gold futures are down 0.6% at $4,035 per ounce [4] Upcoming Economic Events - Key economic events include remarks from Federal Reserve officials and the release of PMI Composite Flash and Consumer Sentiment data, which could influence market direction [6] - Investors are anticipating crucial economic data for the week of November 24th, including the U.S. Producer Price Index (PPI), Retail Sales, and Consumer Confidence, which may impact the Federal Reserve's stance [7] Corporate Earnings and Stock Movements - Nvidia (NVDA) shares fell 3.2% despite strong third-quarter results, reflecting concerns over AI sector valuations [13] - Walmart (WMT) saw a 6.5% increase in shares after exceeding expectations and raising its fiscal outlook [13] - Gap (GPS) shares rose 5.6% due to strong comparable sales, while Intuit (INTU) climbed 3.2% after better-than-expected fiscal results [13] - New Fortress Energy (NFE) surged 19.86% in premarket trading amid debt restructuring efforts [13] - Microsoft (MSFT) reported strong first-quarter results, while Alphabet (GOOGL) shares increased 8% following earnings, driven by AI momentum [13] - Meta Platforms (META) experienced a nearly 22% drop due to concerns over spending on AI projects [13] - Palantir (PLTR) shares fell 22% despite strong results, attributed to high valuation expectations [13]