Dow notches record-high close while Amazon weighs on Nasdaq
By Noel
Randewich and Twesha
Dikshit
Wed November 12, 2025 5:19 PM
Today was a carbon copy of yesterday with the Dow still going crazy with exuberance over the expected end of the shutdown but over-valuations still plaguing tech with giants Amazon, Tesla, and Oracle taking hits and Nvidia taking an especially big hit with Softbank selling a large chunk of its Nvidia stock. Even though there are still bumps in the road ahead in transitioning out of the shutdown, sentiment runs high and a December rate cut has been given 65% odds. Volume continues well below the 20.5 billion average, coming in today at 17.2 billion.
DJ: 47,927.96 +559.33 NAS: 23,468.30
-58.87 S&P: 6,846.61
+14.18 11/11
DJ: 48,254.82 +326.86 NAS: 23,406.46 -61.84 S&P: 6,850.92
+4.31 11/12
No comments:
Post a Comment