Weekly Stock Market Update | Dow, S&P 500, NASDAQ News – November 04, 2025

This week’s trading saw mixed performance in the stock market. The Nasdaq Composite rose on Monday, closing at 23,834.72, up 0.46%, buoyed by Amazon and other big tech names capitalizing on AI developments. In contrast, the Dow Jones Industrial Average fell 226.19 points or 0.48%, closing at 47,336.68. Despite gains in AI and tech, more than 300 stocks in the S&P 500 declined, a continuing concern for the market. However, the S&P 500 still edged up 0.17% to 6,851.97.

Amazon shares rallied 4% after striking a $38 billion deal with OpenAI, significant for AI advancements. Chipmakers, such as Nvidia and Micron Technology, also surged following a $9.7 billion deal between Iren and Microsoft. Nvidia gained after Microsoft announced it had secured approval to ship Nvidia chips to the United Arab Emirates.

Finishing the week, the Nasdaq slipped almost 2%, the S&P 500 lost about 1.2%, and the Dow fell by 0.7%.

Market leaders were dominated by AI-oriented companies, including Amazon, Nvidia, Palantir, and AMD. Despite Palantir’s robust third-quarter performance, its shares dropped over 7% due to concerns about high valuations.

On the losing side, among others, were Tesla, with shares falling over 3% due to opposition against CEO Elon Musk’s $1 trillion pay package. Uber’s shares slipped despite strong results, as investors remained unsatisfied.

Over the course of week, more than 400 companies in the S&P 500 reported their Q3 results, with over 80% surpassing expectations. A total of 100 additional firms, including tech giants like Palantir and AMD, are due to report their results this week.

The upcoming week brings the first trading day of November, an anticipation of employment data from private organization ADP, and the continuation of the earnings season. DuPont, Eaton, Solstice Advanced Materials, and Texas Roadhouse are among the companies releasing results this week.

The S&P 500 rose by 0.2% while the Dow Jones and Nasdaq increased by 0.5% respectively and 0.5%. These changes were reported on Monday, November 3, 2025. Among the stocks, Nvidia and Amazon were identified as significant contributors to the market’s performance. Kimberly-Clark, however, recorded a considerable loss after announcing its acquisition of Kenvue, the manufacturer of Tylenol.

For this year, the S&P 500 has risen by 16.5%, the Dow Jones increased by 11.3%, the Nasdaq is up 23.4% and the Russell 2000 has grown by 10.8%.

Expectations for a 20% rally for Palantir are also high after its earnings report, with the potential for its shares to reach $240 each. The stock has seen an average increase of 20% in the wake of its earnings report eight out of the last 11 times. Furthermore, Uber is another stock expected to perform well this week due to a “slow, steady uptrend” and a potential upside of $110.