Stock market today: Nasdaq, S&P 500 rally as Nvidia, Tesla, Google lead Big Tech surge
Yahoo Finance·2025-11-23 23:47

Market Overview - US stocks experienced a surge on Monday, with the Nasdaq Composite rising over 2% and the S&P 500 advancing more than 1.3%, indicating a potential rebound as the Thanksgiving trading week begins [1] - The Dow Jones Industrial Average increased by 0.4%, reflecting a broader market recovery following a recent pullback [1] Technology Sector - The technology sector is showing signs of recovery from a recent downturn, with major tech companies like Nvidia, Alphabet, and Tesla leading the gains on Monday [2] Cryptocurrency Market - Bitcoin remains under pressure, trading slightly lower at just below $87,000, despite a recovery from a dip below $81,000 on Friday [3] Economic Indicators - Investors are focused on upcoming economic data releases, including updates on producer prices, retail sales, and consumer confidence, which may influence expectations for an interest-rate cut by the Federal Reserve [4] Earnings Reports - Key earnings reports this week include Alibaba, Kohl's, and Best Buy, as the earnings season approaches its conclusion [5] Trade Relations - Ongoing discussions between US and EU trade officials regarding President Trump's tariffs are being monitored, particularly in light of potential Supreme Court rulings on the legality of these tariffs [6]

Stock market today: Nasdaq, S&P 500 rally as Nvidia, Tesla, Google lead Big Tech surge - Reportify