Wall Street on Edge: Bank Chiefs Warn 10–15% Pullback as Fed Flies Blind—Futures Slide, Big Tech Wobbles (Nov. 4, 2025)
S&P 500, Nasdaq-100, and Dow futures fell pre-market as bank CEOs warned of stretched tech valuations and possible drawdowns. The VIX hovered near a two-week high. Official U.S. economic data remained limited due to the government shutdown, with traders awaiting ADP’s jobs report. Palantir and Sarepta shares dropped, while Spotify rose; Uber fell on cautious guidance.