Tue Nov 18 15:50:00 UTC 2025: News Article:

Stocks and Bitcoin Plunge Amid Rising Fears; Nvidia Earnings and Jobs Report Loom

Wall Street experienced a rocky start to the week as stocks and Bitcoin took a tumble, fueled by a surge in market anxieties. The Dow Jones Industrial Average closed down 557 points (1.18%), while the S&P 500 fell 0.92%, and the Nasdaq Composite dropped 0.84%.

The VIX, a measure of market volatility, spiked 13%, reflecting the growing unease among investors. CNN’s Fear and Greed Index plummeted to “extreme fear,” hitting its lowest point since early April, signalling increasing risk aversion among market participants.

The downturn is attributed to heightened investor apprehension ahead of two key events this week: Nvidia’s (NVDA) earnings report on Wednesday and the delayed September jobs report due on Thursday. These events are expected to shed light on the key issues weighing on Wall Street, including the sustainability of the AI boom and the Federal Reserve’s potential interest rate decisions.

Tech stocks have faced downward pressure this month due to concerns about high valuations and extensive spending plans by major tech companies. The Nasdaq is down nearly 5.5% since its record high in late October.

Bitcoin also experienced a significant drop, falling below $90,000 for the first time in seven months, erasing its year-to-date gains. The cryptocurrency has plunged over 28% in just six weeks after reaching a record high above $126,000 in early October.

Tech and crypto-related stocks led the S&P 500 lower, with Coinbase (COIN) falling 7%. Both the S&P 500 and Nasdaq fell below their 50-day moving averages, a key support level.

Analysts suggest that the market is entering a corrective phase after a six-month winning streak. Investors are also reassessing the likelihood of the Federal Reserve pausing its interest rate-cutting cycle at its upcoming December meeting. The probability of a rate cut in December has decreased from 94% a month ago to 45%.

The market is also experiencing a rotation from high-flying tech stocks into more affordable sectors, which analysts believe will allow the bull market to stabilize before resuming its advance.

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