By @wral
Publication Date: 2025-11-17 14:38:00
NEW YORK (AP) — The U.S. stock market is drifting lower. The S&P 500 slipped 0.1% early Monday to pull further from its record set late last month. The Dow Jones Industrial Average lost 11 points, and the Nasdaq composite edged down 0.1%. The relatively modest moves are masking churning underneath the market’s surface ahead of big-time reports coming later in the week. Nvidia fell again ahead of its profit report on Wednesday as the market remained worried that prices for AI superstar stocks shot too high. Treasury yields edged down ahead of Thursday’s delayed release of September’s jobs report, which could affect the Federal Reserve’s plans for interest rates.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
Trading on Wall Street was quietly mixed on Monday at the outset of a week likely to be focused on an earnings report by chipmaker Nvidia and the first government employment data release in more than six weeks.
Futures for the S&P 500 the Dow Jones Industrial Average each edged less than 0.1% lower, while Nasdaq futures inched up less than 0.1% before the opening bell.
Google’s parent company Alphabet jumped more than 4% after Warren Buffett’s Berkshire Hathaway disclosed in an regulatory filing that it…