Fri Nov 14 10:20:00 UTC 2025: News Article:

Wall Street Plunges Amid Tech Sell-Off, Data Uncertainty

NEW YORK (CNN) – U.S. stocks experienced a sharp sell-off on Thursday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all recording their worst day since October 10th. The Dow fell 798 points (1.65%), the S&P 500 dropped 1.66%, and the Nasdaq Composite slid 2.29% as investors shed technology shares and market volatility spiked.

The market downturn comes as investors grapple with uncertainty surrounding the delayed release of key economic data following the end of the government shutdown. The backlog has complicated the Federal Reserve’s outlook on the economy, with some analysts suggesting that each upcoming data release could significantly impact market movements.

“Lacking fresh economic data, markets have become increasingly jittery in recent weeks,” noted Seema Shah, chief global strategist at Principal Asset Management.

The “Fear and Greed” index moved into “extreme fear,” and the VIX, Wall Street’s volatility gauge, surged 18%.

Tech stocks, which have enjoyed a strong rally in recent months, bore the brunt of the selling pressure. Concerns over high valuations and the ability of AI companies to generate sufficient profits fueled the sell-off. Tesla (TSLA) shares plummeted 6.6%, Palantir (PLTR) fell 6.5%, Nvidia (NVDA) declined 3.6%, and Oracle (ORCL) dropped 4.15%.

Analysts suggest investors are reevaluating tech valuations and rotating into sectors that have lagged behind. The Nasdaq has lost nearly 5% since hitting a record high on October 29th, shedding almost $2 trillion in market value.

Adding to the negative sentiment, Walt Disney (DIS) shares tumbled 7.8% after the company’s earnings report failed to impress Wall Street.

Traders are now pricing in a decreased probability of a Federal Reserve interest rate cut in December. The uncertainty surrounding the Fed’s policy stance, coupled with the data blackout, has created a cautious atmosphere on Wall Street.

While some analysts expect markets to grind higher, they anticipate continued volatility in the near term. The end of the third-quarter earnings season means fewer fundamental catalysts, leaving markets more susceptible to investor sentiment and economic data.

Summary:
US stocks closed sharply lower Thursday, with the Dow, S&P 500, and Nasdaq all experiencing significant declines. The sell-off was driven by concerns about high valuations, especially in the technology sector, and the impact of delayed economic data following the government shutdown on the Federal Reserve’s policy outlook. This uncertainty has increased market volatility and shifted investor sentiment toward fear. While some analysts anticipate a continued upward trend, they expect volatility to persist.

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