Nasdaq Today: Tech-Heavy Index Extends Rally as Rate-Cut Bets Climb Despite Nvidia Slump (Nov. 25, 2025)
The Nasdaq Composite closed up 0.67% at 23,025.59 Tuesday, marking its third straight gain despite declines in key chip stocks. Alphabet rose about 1.4% after reports Meta may buy Google AI chips, while Nvidia dropped 2.6%. Softer retail sales and mixed inflation data boosted expectations for a Fed rate cut in December. The 10-year Treasury yield slipped to 4.00%.