Nasdaq Index Today, November 21, 2025: Tech-Heavy Benchmark Whipsaws as Fed Rate-Cut Bets Jump and AI Selloff Deepens
After one of its sharpest reversals of the year on Thursday, the Nasdaq Composite is trading choppily on Friday, November 21, 2025, as Wall Street tries to balance renewed Federal Reserve rate-cut hopes with lingering AI-bubble and crypto-crash fears. By late morning in New York, the Nasdaq Composite was fluctuating around 22,100–22,200, modestly above Thursday’s close near 22,078, after earlier trading roughly 0.2%–0.6% higher on the day. TradingView+1 The moves come a day after the tech-heavy benchmark slumped 2.2%, notching its lowest close since September 11 and helping to put U.S. equities on track for their worst week since April.