SPY Stock Today (Nov. 14, 2025): AI Jitters, Fed Rate‑Cut Doubts and a Choppy S&P 500 Rebound
SPY hovered near $674 in mid-afternoon trading Friday after swinging between $663 and $676, following a 1.7% drop Thursday—its sharpest in over a month. Volume topped 70 million shares. Traders weighed renewed Fed hawkishness and doubts over a December rate cut, with AI-linked mega-cap stocks fueling volatility. Markets now see only a 50% chance of a rate cut next month, down from near certainty.