The Dow Jones Industrial Average closed down 0.8% at 45,752.26. The S&P 500 also fell 1.6%, closing at 6,538.76. The Nasdaq Composite Index fell the most, losing 2.2% to 22,078.05 at the close.
Investors watched chipmaker Nvidia report earnings on the evening of November 19, which showed results that beat expectations thanks to strong demand for its advanced chips. CEO Jensen Huang said he was not concerned by warnings about an AI bubble that have roiled global markets in recent times.
Jim Reid, CEO of Deutsche Bank, said Nvidia's results had somewhat eased those concerns. However, Adam Sarhan of 50 Park Investments warned that the current valuations were unsustainable.
Nvidia reported strong earnings, but September 2025 employment data showed a slight increase in the US unemployment rate, despite the number of new jobs exceeding expectations. Joshua Mahony, chief analyst at Scope Markets, said the report is unlikely to change the situation at the December 2025 Fed meeting, where the Fed is likely to keep interest rates unchanged.
The US dollar traded mixed against major currencies following the report.
The November 20 jobs report was the first official picture of the labor market in more than two months due to the 43-day US government shutdown that ended last week.
In the domestic market, at the end of the session on November 20, the VN-Index increased by 6.99 points (0.42%) to 1,655.99 points. The HNX-Index decreased by 0.8 points (0.3%) to 264.23 points.
Source: https://baotintuc.vn/thi-truong-tien-te/chung-khoan-my-di-xuong-sau-du-lieu-viec-lam-20251121073126559.htm
Comment (0)