Traders work on the floor of the New York Stock Exchange on Nov. 7, 2025. Spencer Platt/Getty Images
A broad sell-off in technology shares led stocks lower this week as investors took profits and weighed new signs of economic weakness.
Despite strong earnings from Palantir, AMD, and Qualcomm, valuation concerns fueled a decline in major indexes. The Dow Jones Industrial Average fell by 1.21 percent for the week to close at 46,987, while the S&P 500 dropped by 1.63 percent to 6,728, after briefly dipping below its 50-day moving average on the afternoon of Nov. 7.
