Stock market today: Dow rises, Nasdaq slides as Fed rate-cut bets jump; bitcoin sinks
Yahoo Financeยท2025-11-20 23:18
US stocks traded mixed on Friday after a week of turbulence amid rising optimism for a December interest rate cut, while bitcoin (BTC-USD) kept tumbling as artificial intelligence worries continued to weigh on investors. The tech-heavy Nasdaq Composite (^IXIC) fell 0.7%, while the S&P 500 (^GSPC) dropped 0.2%, reversing gains for the two gauges earlier in the session. The Dow Jones Industrial Average (^DJI) gained nearly 0.3%. Stocks had closed sharply lower on Thursday in a remarkable turnabout. US equ ...