Stock Market Update
04-Nov-25 15:25 ET
AI-related plays under considerable pressure
Dow -266.17
at 47070.30,
Nasdaq -459.06
at 23375.69,
S&P -78.41
at 6773.55
[BRIEFING.COM] The major averages are still considerably lower, trading a touch off of session lows late in the session.
Semiconductor names have been hit especially hard by today's pullback, with the PHLX Semiconductor Index down 3.1%
Investors will look to Advanced Micro Devices' (AMD 252.50, -7.16, -2.76%) earnings report after the close for signs of resilience in AI-related demand.
Additionally, Super Micro Computer (SMCI 48.08, -2.67, -5.26%) holds a significant loss ahead of its earnings release this afternoon.
