Wall Street suffered its worst selloff in more than a month Thursday, November 13, 2025, as hawkish comments from Federal Reserve officials combined with mounting concerns about artificial intelligence valuations to trigger heavy selling across technology sectors. The Dow fell 798 points, or 1.65%, the broader S&P 500 fell 1.66% and the tech-heavy Nasdaq Composite […]
Category: Business
Federal government reopens after 43 days as Trump signs bill, furloughed workers ordered back to offices Thursday morning
President Donald Trump signed legislation late at night, formally ending the longest government shutdown in American history as more than 650,000 furloughed federal workers received orders to return to their offices Thursday morning. The federal government is set to reopen after being shut down for a record-setting 43 days after the House on Wednesday evening […]
Semiconductor stocks surge 3% as shutdown deal restores confidence, Dow notches fourth straight record
Wall Street staged a powerful relief rally Monday, November 11, as investors celebrated the Senate’s passage of a deal to end the longest government shutdown in American history, with technology and semiconductor stocks leading the advance. The Dow Jones Industrial Average rose 0.8%, or 381.53 points, to close at 47,368.63, while the tech-heavy Nasdaq Composite […]
Senate advances shutdown deal after eight Democrats betray progressive base, House vote expected Wednesday to end 43-day crisis
Eight moderate Senate Democrats defied party leadership late Sunday night, November 9, 2025, to advance a funding deal that would reopen the government without guaranteeing extensions of Affordable Care Act subsidies, putting Congress on a path to end the longest shutdown in American history. The agreement, reached by a group of Democrats who teamed up […]
Tech rout accelerates as Nasdaq posts worst week since April meltdown, consumer sentiment crashes to three-year low
Wall Street limped into the weekend Friday, November 7, 2025, as artificial intelligence stocks extended their brutal selloff and consumer sentiment plunged to its lowest level since June 2022, when inflation hovered near 40-year highs. The S&P 500 rose 8.48 points or 0.1% to 6,728.80, while the Dow Jones Industrial Average rose 74.80 points or […]
Centrist Democrats betray progressive base as eight senators strike shutdown deal without healthcare guarantees, ending 43-day crisis
Eight moderate Senate Democrats defied their party leadership Thursday, November 6, to advance a funding deal that would reopen the government without guaranteeing extensions of Affordable Care Act subsidies, putting Congress on a path to end the longest shutdown in American history after 43 days. A critical bloc of eight Senate Democratic centrists on Sunday […]
Stocks rebound as Supreme Court grills Trump on tariff authority, chipmakers rally 3% amid AI bubble concerns
Wall Street staged a modest recovery Wednesday as investors bet that Supreme Court skepticism toward President Trump’s sweeping tariff authority could lead to rollback of duties that have weighed on corporate earnings and consumer prices. The Dow Jones Industrial Average gained 225.76 points or 0.48% to close at 47,311.00, while the S&P 500 rose 0.37% […]
Tech stocks crater as AI bubble fears intensify, S&P 500 slides 1.17% while Palantir plunges 8% despite earnings beat
Wall Street suffered a bruising selloff Tuesday, as mounting concerns about artificial intelligence valuations combined with delayed SNAP payments to trigger widespread selling across technology sectors that have powered the market’s 2025 rally. The S&P 500 declined 1.17% to close at 6,771.55, while the Nasdaq Composite traded down 2.04% to finish at 23,348.64 and the […]
Amazon ignites AI rally with $38B OpenAI deal as tech megacaps reclaim leadership, Dow lags on Kimberly-Clark acquisition
Wall Street kicked off November on a mixed note Monday, November 3, as artificial intelligence optimism propelled technology megacaps higher while defensive sectors and smaller companies struggled. The S&P 500 rose 11.77 points or 0.2% to 6,851.97, while the Nasdaq composite rose 109.77 points or 0.5% to 23,834.72, with the Dow Jones Industrial Average falling […]
Government shutdown enters day 31 as SNAP crisis explodes, Trump hosts Gatsby party while federal judges order emergency food aid
The government shutdown entered its 31st day Friday, matching the longest funding lapse in American history as a national food assistance crisis erupted with Supplemental Nutrition Assistance Program benefits suspended for more than 40 million low-income Americans. Two federal judges ordered the Trump administration to use emergency funding to provide SNAP benefits, rejecting the administration’s […]
