Nasdaq Index Today, November 21, 2025: Tech-Heavy Benchmark Whipsaws as Fed Rate-Cut Bets Jump and AI Selloff Deepens
The Nasdaq Composite hovered near 22,200 late Friday morning, recovering slightly after plunging 2.2% on Thursday to its lowest close since September. Rate-cut odds for December jumped above 70% following dovish Fed comments, but tech and crypto stocks remained under pressure. The index is down about 7% for November, tracking its worst month since 2008.