CONCLUDED Stock Market News From Nov. 20, 2025: Nasdaq Sinks 2.2% as Nvidia Bump Evaporates Last Updated: 16 hours ago Dollar Rises on Reduced Bets For December Rate Cut By Renae Dyer, Dow Jones Newswires The U.S. dollar was rising as the market scaled back expectations for another Federal Reserve interest rate cut next month. This followed news that the full October U.S. nonfarm payrolls report won't be published due to the government shutdown. The November data will include some October figures but won't ...

Core Insights - The article emphasizes the importance of taking Required Minimum Distributions (RMDs) early to secure higher yields before potential interest rate cuts by the Federal Reserve [2][3][6]. RMD Timing and Strategy - Individuals subject to RMDs must withdraw by December 31 to avoid penalties, and while many wait until December, acting sooner may be beneficial [2][3]. - With anticipated Federal Reserve interest rate cuts, delaying RMD withdrawals could result in missed opportunities to lock in current high yields, particularly in certificates of deposit (CDs) [3][9]. Investment Options for RMD Funds - Taking RMDs early allows individuals to invest in high-yield CDs, which currently offer returns in the low- to mid-4% range, providing a safe and predictable return [8][10]. - For those seeking flexibility, high-yield savings accounts and money market accounts are also viable options, with some accounts offering rates up to 5.00% [12][13]. Market Conditions and Predictions - The probability of a Federal Reserve rate cut is approximately 45% in December and around two-thirds by late January, which could lead to declining CD yields [9]. - The article suggests that locking in current CD rates is prudent, as there is no guarantee that these rates will remain available until the RMD deadline [10].

There's a wide expectation that the Federal Reserve Board might lower again in December. Do you have a view on whether the Fed does lower. It should be 25 basis points or 50 basis points as the President.Or do you have a view on what might be better for the economy. Well, I first want to say that I have high regard for Jay Powell. I've known him for a long time, has had economic conversations with him many, many times during the last administration in this time, too.And, you know, I think at times he and I ...

This year, there has been much debate over how fast the Federal Reserve should cut interest rates to stabilize the jobs market, given inflation has been trending higher. So far, Fed Chairman Jerome Powell has taken a mostly wait-and-see approach to interest rates, only reducing them by a quarter percent once, in September. Most expect a second cut when the Fed meets again on Oct. 29, but what happens after that is a bit murkier. If more cuts are to follow, it will depend on how two important, often compe ...

Group 1 - The Federal Reserve's anticipated policy of lowering interest rates presents challenges for the non-bank sector involved in venture lending to companies [1] - The risks associated with this monetary policy are considered to be relatively low, particularly for financially solid companies [1]

Core Viewpoint - Gold prices are experiencing a decline in early trading due to easing geopolitical risks from a Gaza deal between Israel and Hamas, yet they remain near record highs [1]. Group 1: Price Movements - Futures in New York decreased by 0.5% to $4,051.40 per troy ounce after reaching an all-time high in the previous session [2]. - The precious metal continues to trade above the $4,000 mark as investors seek safety amid increasing economic and political uncertainty [2]. Group 2: Investor Sentiment - Concerns regarding the U.S. economy and the potential government shutdown are driving heightened investor demand for gold [2]. - Strong inflows into ETFs and expectations of further interest rate cuts by the Federal Reserve are also contributing to the support of gold prices [3]. Group 3: Market Outlook - Major Wall Street banks indicate that gold has potential for further price increases [3].

Market Sentiment - The CNN Money Fear and Greed index declined to a reading of 52.7, moving into the "Neutral" zone from a previous reading of 56.7 [6] - U.S. stocks closed lower, with the Nasdaq Composite dropping over 150 points and the S&P 500 ending a seven-day winning streak [1][4] Company Performance - Oracle Corp. shares fell by 2.5% due to reported financial struggles related to renting Nvidia chips [2] - Advanced Micro Devices Inc. saw a continued rally, increasing by 3.8% after a significant 23.7% surge following a deal with OpenAI, with price targets raised by Bank of America and Goldman Sachs to $250 and $210 respectively [2] Economic Indicators - Despite the U.S. government shutdown causing a blackout in economic data, market expectations remain high for a 25-basis-point interest rate cut at the Federal Reserve's meeting on October 30, with a 95% probability priced in [3] Sector Performance - Most sectors in the S&P 500 closed negatively, with industrials, consumer discretionary, and communication services experiencing the largest losses, while consumer staples and utilities stocks closed higher [4]

Economic Impact of U.S. Government Shutdown - The U.S. government is approaching a potential shutdown, which would halt data releases from the Labor and Commerce departments, including crucial jobs data scheduled for Friday [6][4] - The dollar index fell to 97.633, marking its lowest point since last Wednesday, as uncertainty surrounding the shutdown looms [6][4] - A mixed reading from the Job Openings and Labor Turnover Survey (JOLTS) indicated a marginal increase in job openings while hiring declined, reflecting a softening labor market [6][4] Currency Market Reactions - The euro remained stable at $1.1731 after reaching a high of $1.1762, while the dollar slightly increased to 148.15 yen following a three-day decline [6][4] - Analysts predict that the USD may continue to decline if political discussions suggest an extended government shutdown, with weak economic data further weighing on the currency [4][6] Bank of Japan's Policy Outlook - The Bank of Japan (BOJ) has shown a more hawkish stance recently, with officials indicating an increasing need for policy tightening [5][6] - Traders currently estimate a 39% chance of a quarter-point rate increase in Japan on October 30, while a quarter-point cut by the Federal Reserve is seen as nearly certain at around 97% [7][6]

Core Insights - The potential government shutdown poses a significant risk to the timely release of key economic data, particularly the jobs report, which could impact Federal Reserve decisions on interest rates [2][10]. Economic Impact of a Shutdown - A full government shutdown could result in approximately 800,000 federal employees being furloughed, similar to the 2013 shutdown [5]. - Deutsche Bank estimates that each week of shutdown could reduce quarterly GDP by 0.2% [6]. - The economic damage from a shutdown is typically short-lived, but there are concerns that this time could be different due to potential deeper cuts in the federal workforce [7][8]. Historical Context of S&P 500 During Shutdowns - Historically, the S&P 500 has shown negligible lasting impacts during government shutdowns, with an average return of 0% since 1976 [9]. - During the longest shutdown from late 2018 to early 2019, the S&P 500 actually increased by 10%, driven by a dovish shift from the Federal Reserve [9]. Federal Reserve Considerations - The Federal Reserve's ability to make informed decisions on interest rate cuts may be hindered by the lack of payroll and inflation data during a shutdown [10]. - Markets are currently pricing in a 89% probability of a Fed rate cut on October 29 [10]. Legislative Developments - House Republicans have proposed a seven-week funding extension, but it has not passed the Senate [12]. - Senate Democrats have attempted to push an alternative funding plan that includes significant healthcare spending, but it has also faced challenges [12][13].

Core Insights - Consumer prices are rising, which may impact the Federal Reserve's decision on interest rate cuts [1][4][7] - Recent economic data indicates stronger-than-expected resilience in the economy despite tariff pressures [2][5][7] Inflation Data - The Bureau of Economic Analysis is expected to report a 2.7% increase in Personal Consumption Expenditures (PCE) for August, up from 2.6% in July [3] - Core PCE, which excludes food and energy, is anticipated to remain at 2.9% year-over-year, unchanged from July [3] Federal Reserve's Rate Decision - The Federal Reserve is expected to cut interest rates in October, but higher-than-expected inflation could lead to maintaining current rates [4][6] - A significant inflation report could influence the Fed to keep rates high, affecting borrowing costs and yields on savings [6][7] Economic Indicators - Recent reports show GDP growth was stronger than initially estimated, and jobless claims have decreased, indicating economic resilience [5][7] - New home sales surged by 20% in August, further supporting the notion of a robust economy [5] Inflation Outlook - Economists predict a steady rise in inflation due to tariffs, with a potential peak of 3.2% in December before a decline in 2026 [8][9]