By Sheetal Kumari | March 3, 2025
MC Markets | November 18
Nasdaq Composite has dropped 4.3% in November, marking its steepest fall since March as selling hit major AI stocks.
(Image: Canva)
For the first time in three months, the Nasdaq is trailing the S&P 500, which has fallen nearly 2% this month.
(Image: Canva)
Analysts say worries stem from lofty AI valuations, fuelled by soaring demand for tech stocks and rapid expansion of data centres.
(Image: Canva)
Much of the earnings momentum in the S&P 500 has come from the Magnificent Seven, raising concerns about market concentration.
(Image: Canva)
The strong AI narrative has pushed S&P 500 valuations to near-record highs, almost two standard deviations above the long-term average.
(Image: Canva)
Investors await key earnings. Nvidia reports on Wednesday, while Home Depo and Walmart will offer cues on consumer demand.
(Image: Canva)
The Federal Reserve will release minutes on Wednesday, as traders lower expectations of a December rate cut to below 50%.
(Image: Canva)
Moneycontrol advises users to check with certified experts before taking any investment decisions.
(Image: Canva)