Stocks Turn Negative to Start November
Nov 7, 2025
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“Why is it that foolishness repeats itself with such monotonous precision?” ― Frank Herbert, God Emperor of Dune
Good evening,
Investors’ unwavering exuberance for stocks over the past three straight weeks showed signs of cooling down this week.
The S&P 500 declined 1.6%, with four of 11 sectors finishing in the red. The Nasdaq Composite lost 3%, wrapping up its worst week since April.
But the S&P 500 remains 2.4% off its all-time highs, while the Nasdaq is 4% away, even as the economy gears up for day 39 of the longest-ever shutdown in history. ...