Stock Market Update

Today, the stock market saw mixed movements with Dow, S&P 500, and Nasdaq futures ticking higher. This comes as tech worries persist and a key vote looms on a proposed trillion-dollar pay package. There are concerns that the CEO of an EV maker may quit if the plan is rejected.

Nasdaq Performance

The tech-heavy Nasdaq closed higher to start November, boosted by AI leaders. It advanced 0.46% to finish at 23,834.72, while the S&P 500 traded up 0.17% to 6,851.97. However, the Dow Jones Industrial Average lagged, falling 226.19 points, or 0.48%, to 47,336.68.

Market Outlook

Dow Jones Industrial Average futures climbed 100 points, or 0.23%, while S&P 500 futures gained less than 0.1%. Nasdaq futures dipped 0.1% amidst concerns in the tech sector.

Concerns in Tech Sector

Stock market today saw Dow, S&P 500, and Nasdaq waver as layoffs jump and concerns in the tech sector persist. There is a sharp retreat in tech stocks as worries about valuations and the recent rally emerge.