Markets RoundupThe latest news & analysis

Tech Stocks Sink Ahead of Nvidia Earnings

Retailers grapple with lighter consumer wallets heading into the holiday season

Nov. 21, 2023 4:27 pm ET

Best Buy shares fell after the retailer said consumers are hunting for deals and demand has been hard to predict. Photo: Richard B. Levine/Zuma Press

Artificial intelligence powered the stock market for much of the year. Now it is testing U.S. stocks’ November rally.

The S&P 500 slipped 0.2%. The Dow industrials fell 0.2%, or 63 points. The tech-heavy Nasdaq Composite led the losses, sliding 0.6%.

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