US Stock Market Today, November 21, 2025: Dow Tries to Rebound on Fed Rate‑Cut Hopes as AI and Crypto Selloff Deepens
The Dow, S&P 500, and Nasdaq edged higher Friday morning after a steep tech-led selloff and crypto crash sent the Nasdaq to its lowest close since September. Fed official John Williams signaled a possible December rate cut, pushing rate-cut odds above 70% and sending Treasury yields lower. All major indexes remain on track for their worst week since spring. Volatility spiked to its highest level since April.