Markets

Wall Street Review: Tech Sell-Off Pulls Stocks Lower

Profit-taking by investors, coupled with weaker economic data, weighed on the markets. Experts say the pullback is expected to be temporary.
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Wall Street Review: Tech Sell-Off Pulls Stocks Lower
Traders work on the floor of the New York Stock Exchange on Nov. 7, 2025. Spencer Platt/Getty Images
Panos Mourdoukoutas
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A broad sell-off in technology shares led stocks lower this week as investors took profits and weighed new signs of economic weakness.

Despite strong earnings from Palantir, AMD, and Qualcomm, valuation concerns fueled a decline in major indexes. The Dow Jones Industrial Average fell by 1.21 percent for the week to close at 46,987, while the S&P 500 dropped by 1.63 percent to 6,728, after briefly dipping below its 50-day moving average on the afternoon of Nov. 7.
Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”