Monday's Rebound May Not Trim November Losses On Wall Street

Barry Adams
24 Nov, 2025
New York City

Stocks on Wall Street attempted to rebound on Monday after another wave of sell-offs in high-priced AI-linked stocks last week dragged down global markets. 

The S&P 500 index inched higher 0.2%, and the tech-heavy Nasdaq Composite advanced 0.8% at the start of the holiday-shortened week. 

Stocks are likely to face additional volatility as trading volume thins out on account of the Thanksgiving holiday and a lack of catalysts ahead of the Fed's rate decisions on December 10.

Major averages have lost ground since the start of November, and the S&P 500 index has fallen 3.5%, and the Nasdaq Composite has lost 6.1%. 

Global investor sentiment is likely to stay bearish over the next six weeks as investors avoid taking additional exposure to riskier assets and have an uncertain outlook for holiday season shopping. 

A frozen housing market, a low-hire and low-fire job market, and elevated food and consumer goods prices are keeping U.S. consumers on the defensive. Moreover, steep tariffs and constantly changing trade policy are decimating small businesses at a rapid clip. 

At the same time, investors are shying away from circular AI-trade-driven stocks as debt-fueled data center buildout faces increased scrutiny and resistance from local communities.

The Federal Reserve's decision to leave rates unchanged in December could unleash another wave of global sell-off covering stocks, bonds, and precious metals. 

In the week ahead, as earnings season winds down, investors and the U.S. government agencies catch up to release delayed economic data. 

In the holiday-shortened week, statistical agencies are set to release producer price inflation, retail sales, and durable goods data. 

The annual rate of producer price inflation in September is estimated to accelerate to 2.7% from 2.6% in the previous month, nominal retail sales to accelerate to 5.4% from 5.0%, and monthly durable goods orders are likely to slow down to 0.3% following a 2.9% surge in August.  

 

U.S. Stock Movers 

Nvidia Corp. edged up 0.8% to $179.55, Alphabet Inc. advanced 3.3% to $307.37, and Meta Platforms inched higher 0.6% to $597.73. 

GE Vernova Inc. advanced 0.6% to $559.21, Eaton Corp. edged up 1% to $335.0, and Johnson Controls advanced 0.5% to $113.55.