Stock Market Update
13-Nov-25 13:30 ET
Dow falls 570 points as DIS, NVDA, CAT weigh; CSCO leads gains, index still up 1.5% for the week
Dow -570.45
at 47684.16,
Nasdaq -559.67
at 22846.81,
S&P -105.22
at 6745.69
[BRIEFING.COM] The Dow Jones Industrial Average (-1.18%) is in "first" place this afternoon, albeit down 570 points while more aggressive losses are had elsewhere.
A look inside the DJIA shows that Walt Disney (DIS 107.16, -9.49, -8.14%), NVIDIA (NVDA 184.84, -8.96, -4.62%), and Caterpillar (CAT 549.97, -23.05, -4.02%) are underperforming.
Meanwhile, Cisco (CSCO 76.81, +2.85, +3.85%) is today's top gain getter.
The DJIA is up about +1.48% week-to-date.
Elsewhere, U.S. Treasuries remain in the red with the long bond sliding to a fresh low after the U.S. Treasury's $25 bln 30-yr bond sale met weak demand. The sale drew a high yield of 4.694%, which tailed the when-issued yield by a basis point. The bid-to-cover ratio (2.29x) was below the prior 12-auction average (2.40x) while indirect takedown (71.0%) was above average (62.8%), making for a silver lining to an otherwise poor finish to this week's auction slate. Shorter tenors also faced some pressure after the auction, but they remain much closer to their intraday highs.
