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Nvidia's Synopsys tie-up to reshape EDA industry?
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Wall Street Today: S&P 500, DJIA and Nasdaq Composite Rebound as Nvidia Stabilizes

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Jerry Kronenberg joined discussion · Nov 21, 2025 14:50
The Nasdaq Composite, S&P 500 and Dow-30 rebounded Friday after sinking for much of the past two days on weakness for Nvidia, which fell during part of Thursday and Friday's sessions despite reporting seemingly good quarterly results.
The $Nasdaq Composite Index (.IXIC.US)$ rose 195.04 points (0.9%) to a 22,273.08 close, while the $Dow Jones Industrial Average (.DJI.US)$ added 493.15 ticks (1.1%) to 46,245.41 and the $S&P 500 Index (.SPX.US)$ gained 64.23 points (1%) to 6,602.99.
All three indexes had been in the red earlier in the session amid significant weakness for $NVIDIA (NVDA.US)$ and other Big Techs, although several tech names partly or fully recouped their morning losses later in the day.
NVDA had been down as much as 4.3% at Friday's intraday low and off 7.3% from its Wednesday close even though the AI-friendly chip giant reported fiscal Q3 earnings and revenues beats after the bell Wednesday.
The tech bellwether initially rose 5.1% Thursday morning on the news before turning negative, taking the broader market down with it on fears that Wall Street had fallen out of love with AI companies and Big Tech in general.
While Nvidia initially added to those losses Friday morning, it later rebounded in part on a Bloomberg News report that the Trump Administration is considering allowing the firm to resume some chip sales to China.
The administration indicated earlier this year that it would deny NVDA the necessary export licenses amid the White House's ongoing trade battles with Beijing.
But Bloomberg's report of a possible policy reversal helped push Nvidia into positive territory for much of Friday afternoon, although the stock ultimately ended the session 0.97% lower.
Still, Nvidia's narrower loss for the day helped other Big Tech stocks partly or fully recover their Friday red ink as well.
Tech stocks to finish the session higher included $CoreWeave (CRWV.US)$ (up 3.5%), $Micron Technology (MU.US)$ (3% better), $Intel (INTC.US)$ (which added 2.6%), $SanDisk (SNDK.US)$ (which 2.2% better) and $Super Micro Computer (SMCI.US)$ (2% stronger).
However, not all Big Techs ended Friday in the green. Noteworthy tech decliners included $Oracle (ORCL.US)$ (off 5.7%), $Advanced Micro Devices (AMD.US)$ (1.1% weaker) and $Palantir (PLTR.US)$ (down 0.6%).
Macro
Adding to Wall Street's slightly improved tone, New York Federal Reserve President John Williams seemed to speak positively Friday about the Fed cutting its benchmark Federal Funds Funds rate at an upcoming policy meeting.
Williams said in a speech that the bank could cut the rate "in the near term" without putting the Fed's 2% inflation target at risk.
The central bank cut the rate at its September and October monetary-policy meetings, but several Fed members have hinted in recent speeches that markets shouldn't assume a third cut is coming at a Dec. 9-10 session.
Some Fed officials have expressed concerns about excess U.S. inflation, which was running at 3% in September before the government shutdown halted data collection.
Fed rate cuts can increase inflation risks, but Wall Street generally likes monetary easings anyway because those tend to lower bond and money-market yields. That traditionally prompts some investors to put more money into stocks in search of better returns, driving equities prices higher.
Meanwhile, cryptocurrencies failed to join in on the stock market's rebound Friday.
$Bitcoin (BTC.CC)$ fell 2.3% to $84,536.73 as of 4:15 p.m. ET after earlier sinking to as low as $80,548.09 on some exchanges – its weakest level since April.
$Solana (SOL.CC)$ likewise eased 4.8% to $127.20 as of 4:15 p.m. ET, with $Ripple (XRP.CC)$ off 3.9% at $1.93 and $Ethereum (ETH.CC)$ down 3.3% at $2,743.09.
Cryptos have been in a downtrend in recent weeks as investors seemed to lose enthusiasm for riskier assets amid the declines for AI firms and other tech names.
Moo-vers
The "Magnificent Seven" stocks took their cue from the broader market Friday and mostly rose after trading in the red for much of the past two sessions.
$Alphabet-C (GOOG.US)$ led the way higher, rising 3.5% to surpass $Microsoft (MSFT.US)$ as Wall Street's third-largest company by market capitalization. (It still trails Nvidia and Apple.)
The search-and-cloud giant has fared better than other Mag-7 stocks in the recent tech downturn as investors seemed to laud Alphabet's new Gemini AI model and the firm's better-than-expected Q3 results.
Other Mag-7 stocks to gain ground Friday included $Apple (AAPL.US)$ (2% stronger), $Amazon (AMZN.US)$ (1.6% higher) and $Meta Platforms (META.US)$ (0.9% better).
However, three Mag-7 names weakened -- $Microsoft (MSFT.US)$ (1.3% lower), $Tesla (TSLA.US)$ (off 1%) and $NVIDIA (NVDA.US)$ (down an aforementioned 0.97%).
Beyond the Mag-7, Friday's other noteworthy decliners included:
-- Select crypto-related stocks, which fell in apparent sympathy with cryptocurrencies' declines. Losers included $Strategy (MSTR.US)$ (off 3.8%), $IREN Ltd (IREN.US)$ (down 2.8%) and $Applied Digital (APLD.US)$ (which shed 1.3%).
-- $MP Materials (MP.US)$, off 2.5%. The rare-earth-metals firm has been trading choppily but generally lower since hitting a $100.25 all-time intraday high on Oct. 14. It's fallen 44.9% since then.
Conversely, Friday's significant percentage gainers included:
-- $Opendoor Technologies (OPEN.US)$, up 9.6% at $6.75. The home-buying platform and volatile meme stock partly rebounded after hitting a $6.14 two-week intraday low on Thursday, down 35% from its $9.45 near-term intraday high on Nov. 12.
-- Certain crypto-related stocks that beat the sector's general decline and rose Friday on word that mega-investor Cathie Wood's Ark Invest funds had bought new shares in them. Winners included $Circle (CRCL.US)$ (up 6.6%) and $Coinbase (COIN.US)$ (which added 0.9%).
Wall Street Today: S&P 500, DJIA and Nasdaq Composite Rebound as Nvidia Stabilizes
Disclaimer: This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Indexes are unmanaged and cannot be directly invested in. Past performance is no indication of future results. Investing involves risk and the potential to lose principal. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors' financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information regarding your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal.
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Jerry Kronenberg
Director of Financial Content
Former top editor at Seeking Alpha, Fidelity.com, TheStreet.com and UPI.
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