US Stock Market Today (Nov. 25, 2025): Dow Climbs While Nasdaq Slips as Nvidia Tumbles and Alphabet Races Toward $4 Trillion
The Dow rose about 0.5% Tuesday while the Nasdaq fell 0.4% as Nvidia and AMD slumped after reports Meta may shift AI chip spending to Alphabet. Alphabet shares gained over 2%, nearing a $4 trillion valuation. Investors weighed delayed economic data, with markets pricing in an 80–85% chance of a December Fed rate cut. Four out of five S&P 500 stocks traded higher despite tech weakness.