Stocks and crypto tumble after CEOs raise concerns of a market pullback [View all]
Source: NBC News
Nov. 4, 2025, 2:48 PM EST / Updated Nov. 4, 2025, 4:08 PM EST
The global stock rally hit a wall Tuesday, dragged lower by artificial intelligence and tech companies. The S&P 500 fell 1.2% and the Nasdaq declined 2%. The Russell 2000, which tracks smaller companies, tumbled 1.4%.
Gold, a traditional safe haven for investors when markets are volatile or uncertain, dipped about 1.6%. Within the S&P 500, technology was the worst-performing sector.
The largest publicly traded company in the world, Nvidia, dropped nearly 4%. With a market value of more than $4.85 trillion, Nvidia lost $200 billion from its market value.
Crypto also faced steep losses, with bitcoin plunging below $100,000 for the first time since June. The digital currency was down more than 7% as investors fled riskier assets like digital currencies.
Read more: https://www.nbcnews.com/business/markets/stocks-crypto-gold-tumble-palantir-nvidia-rcna241913
The business sites were blaring breaking banners all Tuesday as this was happening and they were panicking a bit.
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