Nasdaq drops over 2%, US stocks reverse to erase Thursday gains
Affected assets and topics
Why it matters
The US stock market saw a reversal of gains on Thursday, with the Nasdaq Composite dropping 2.15% and the S&P 500 losing 1.4% as investors reacted to Nvidia's Q3 earnings and the delayed September jobs report.
Article tone
Expected market reaction
Market impact analysis based on bearish sentiment with 84% confidence.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 13313
Original source
US stocks (^DJI, ^IXIC, ^GSPC) closed Thursday's session in negative territory after reversing course and erasing intraday gains. The Nasdaq Composite dropped by 2.15% (or 486 points), trailed by the S&P 500's daily loss of 1.4%. This all comes after Nvidia (NVDA) published third quarter earnings on Wednesday and this morning's release of the long-delayed September jobs report, the latter signaling that the labor data may not be enough to persuade the Federal Reserve to cut interest rates. Yahoo Finance markets and data editor Jared Blikre recaps the day’s market moves. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime.
Read the full article on Yahoo Finance
Original article published by Yahoo Finance on November 21, 2025. Analysis and insights provided by AnalystMarkets AI.