The U.S. stocks slid Thursday as tech and AI shares fell sharply and investor jitters over the economy deepened. The Dow Jones Industrial Average dropped 403 points (0.85%), while the S&P 500 fell 0.9% and the Nasdaq Composite plunged 1.44%.
US stocks slip in morning trading as more companies report their results https://t.co/ZEdNWpREIz pic.twitter.com/KxBmRFhnC1
— Sentinel Business (@OSentinelBiz) November 6, 2025
Heavy losses in Nvidia (-3%), AMD (-6.3%), and Palantir (-5.5%) dragged markets lower amid mounting fears of overvaluation. The VIX volatility index jumped 11% as new data showed U.S. layoffs surged in October — the largest increase for that month since 2003.
Investors moved toward Treasury bonds, pushing yields lower on expectations that the Federal Reserve could cut interest rates.
Economists, including Apollo’s Torsten Slok, warned that the S&P 500 remains “at historically extreme valuations.”
Meanwhile, Wall Street kept a close eye on the Supreme Court’s review of President Trump’s global tariff powers, which could further unsettle markets already flashing “extreme fear” signals.
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TIPP Staff
