AdvertisementAdvertisementPolyMarket CEO Shayne Coplan, right, and UFC CEO Dana White pose for a picture on the floor of the New York Stock Exchange in New York, Thursday, Nov. 13, 2025. (Photo: AP/Seth Wenig)19 Nov 2025 02:20AM Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInRead a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST NEW YORK: Wall Street's main indexes fell on Tuesday (Nov 18) as concerns over high valuations and fading hopes of a Federal Reserve rate cut pressured major tech stocks, while investors looked ahead to Nvidia’s earnings and key US data later this week.Amazon dropped 2.3 per cent, while chipmakers AMD and Intel slid sharply. At 9.33am ET, the S&P 500 and Dow Jones Industrial Average both touched one-month lows, with the Nasdaq also lower.Markets are now awaiting the long-delayed September jobs report on Thursday, expected to confirm signs of a cooling labour market.US stocks extend sell-off, Treasury yields drop as valuation worries weigh on risk appetiteWall Street regulator drops emphasis on crypto sector exams for 2026Wall Street ends sharply lower, Treasury yields slip as investors eye Nvidia results, data onslaughtTECH STOCKS UNDER PRESSURENvidia’s results, due after Wednesday’s close, are seen as a test of whether the AI-driven rally can continue. Alphabet shares were also weaker after CEO Sundar Pichai said no company would be immune if the AI boom collapses.Technology stocks were the worst hit, down 1.5 per cent. Home Depot fell more than 3 per cent after cutting its full-year profit forecast, dragging the consumer discretionary sector lower.The CBOE Volatility Index rose to a one-month high as investors priced in a roughly 50 per cent chance of a December rate cut, sharply down from a month ago. Source: Reuters/fsSign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST