Wall Street tumbles as Nvidia slides, investors fret that Fed may slow rate cuts

Record ID: 2272874

  • Title: Wall Street tumbles as Nvidia slides, investors fret that Fed may slow rate cuts
  • Date: 13th November 2025
  • Summary: MALVERN, PENNSYLVANIA, UNITED STATES (NOVEMBER 13, 2025) (REUTERS) (SOUNDBITE) (English) PACER ETFS, PRESIDENT, SEAN O'HARA, SAYING: “The market does what it does, Right? I think there's a sort of an underlying I think, change, if you will, in sentiment going on with regard to some of the mega-cap names. And since they are such a big part of these broad indexes, the story
  • Embargoed:
  • Keywords: 43-day government shutdown DOW Fed NASDAQ NYSE Nvidia S&P500 U.S. economy inflation investors rate cuts
  • Location: NEW YORK, NEW YORK + MALVERN, PENNSYLVANIA, UNITED STATES
  • City: NEW YORK, NEW YORK + MALVERN, PENNSYLVANIA, UNITED STATES
  • Country: US
  • Topics: Economic Events,North America,Equities Markets
  • Reuters ID: LVA002187713112025RP1
  • Aspect Ratio: 16:9
  • Story Text: Wall Street ended sharply lower on Thursday (November 13), with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due to inflation worries and divisions among central bankers about the U.S. economy's health.
    The U.S. government reopened after a record 43-day shutdown that had worried investors and disrupted the flow of economic data.
    A growing number of Federal Reserve policymakers in recent days have signaled hesitation about further interest rate cuts, pushing financial market-based odds of a reduction in borrowing costs in December to near even. Fed officials who spoke recently cited worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year.
    Shares fell for some of the U.S. stock market's strongest performers in recent years, as investors fretted about high valuations fueled by optimism about artificial intelligence.
    Nvidia, Tesla and Broadcom, all lost ground.
    The S&P 500 lost 113.43 points, or 1.66%, to end at 6,737.49 points, while the Nasdaq Composite lost 536.102 points, or 2.29%, to 22,870.355. The Dow Jones Industrial Average fell 797.60 points, or 1.65%, to 47,457.22.
    (Production by Alex Cohen, David Giacomino, Kyoko Gasha)
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