Dow, S&P 500, Nasdaq futures stall with Wall Street set to end roller-coaster week

November 21, 2025

Dow, S&P 500, Nasdaq futures stall with Wall Street set to end roller-coaster week

Breaking News

Image source: Lummi



US stock futures took a breather on Friday, gearing up to end the latest turbulent week in what is shaping up to be a rocky month on Wall Street.

Contracts on the tech-heavy Nasdaq 100 fell 0.2%, while those on the S&P 500 hovered around the flatline. Dow Jones Industrial Average futures ticked up 0.3%.

The S&P 500 is tracking toward its worst November since 2008 amid mounting concerns over an AI-fueled "bubble".

Not even Nvidia and its CEO, Jensen Huang, could allay those fears after its blowout earnings reveal on Wednesday.

Stocks closed sharply lower on Thursday in a remarkable turnabout, with Nvidia alone swinging from gains of as much as 5% to finishing more than 2% lower.

Other chip and megacap tech stocks followed suit, as the broader tech-heavy Nasdaq Composite erased gains of as much as 2.5% to close down nearly 2%.

Both the S&P and Nasdaq sit at their lowest levels since September. Yahoo Finance reports.

EdgeUp

🤖 Foxconn-Nvidia $1.4 billion Taiwan supercomputing cluster to be ready by H1 2026, Foxconn says

Foxconn, also known as Hon Hai Precision Industry Co., Ltd., said on Friday that a $1.4 billion supercomputing centre ​it is building with Nvidia will be ready by the first half of 2026, and when complete will ‌be Taiwan's largest advanced GPU cluster.

The 27-megawatt data centre will be powered by Nvidia's new Blackwell GB300 chips and is also set to ‌be Asia's first GB300 AI data centre, said Neo Yao, CEO of a new unit Foxconn has established for AI supercomputing and cloud operations called Visonbay.ai.

"As GPU technology accelerates, building individual facilities may no longer make economic sense," said Alexis Bjorlin, a Nvidia vice president, at the contract electronics manufacturer's tech day, which was attended ⁠by Foxconn's partners and clients including Nvidia,‌ OpenAI and Uber. Yahoo Finance reports.


📊 BJ’s wholesale earnings on deck: stock down 22.9% in 6 months leading in

As BJ's Wholesale Club Holdings Inc. (NYSE: BJ) gears up to release its third-quarter fiscal 2025 earnings report this morning, markets are keenly watching to see if the warehouse retailer can return to form after a tricky run.

BJ's stock has fallen 22.9% over the past 6 months, and 2.37% in the past 12 months, as sentiment has turned bearish.

Analysts are currently projecting a 4.70% increase in revenues to $5.34 billion for the third quarter of fiscal 2025.

However, earnings per share are expected to decline by -7.63% to $1.09.

This divergence between revenue growth and earnings decline underscores the challenges BJ's faces in managing costs and maintaining profitability in an inflationary environment. AskTraders reports.


👞 Buckle stock near support ahead of earnings – what to expect

Buckle, a leading retailer of apparel, footwear, and accessories, is set to release its next earnings report this morning, placing the company under intense scrutiny.

Markets are eager to assess whether Buckle can sustain its recent financial performance amid a mixed bag of insider trading activity and evolving institutional positions.

The stock is poised at $55.02 leading into the print, an important level that has offered up both support and resistance in recent attempts from either side of the bull/bear line.

Analysts expect Buckle to deliver EPS of $0.95, reflecting an increase from $0.88 in the same quarter last year.

Revenue is projected to reach $317.97 million, representing an anticipated 8.3% year-over-year sales growth. AskTraders reports.


🦉 Difficult year continues for Blue Owl

Public worries over the world of private debt have forced major lender Blue Owl Capital to scrap plans to give a clear way out to shareholders in one of its private funds.

The situation draws more scrutiny to the opaque world of private debt, which has boomed in recent years - and is now gradually making its way into millions of American brokerage and retirement accounts.

New York-based Blue Owl, one of the nation's largest private lenders, called off a planned merger on Thursday that would have combined two of its debt funds - a smaller private fund ($1.7 billion) and a larger public fund ($17.1 billion). Blue Owl’s stock is down 40% year to date. Yahoo Finance reports.

Top 5 Movers in Early Pre-Market

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Stock Analysis reports.


1) MNDR: Mobile-health Network Solutions
Total gain: +83.13%

2) EPSM: Epsium Enterprise
Total gain: +66.36%

3) PACS: PACS Group, Inc.
Total gain: +55.32%

4) LUD: Luda Technology Group Limited
Total gain: +39.42%

5) MAGN: Magnera Corporation
Total gain: +27.89%

Yesterday’s Biggest Movers

The closing price of the top three market percent gainers trading near or above $3 on November 20.
Stock Analysis reports.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1) MNDR: Mobile-health Network Solutions
Total gain: +83.13%
The company announced that its co-founder, co-CEO, COO, and Chairwoman of the Board, Dr. Teoh Pui Pui, has acquired additional shares of the company's Class A Ordinary Shares through an independent open market transaction. Newsfile reports.

2) PACS: PACS Group, Inc.
Total gain: +55.32%
The company announced operating results for the third quarter of 2025. The Company has completed the previously announced Restatement of its financial statements for the three months ended March 31, 2024, and for the three and six months ended on June 30, 2024 (the “Restatement”), and is current with its SEC filing obligations. Businesswire reports.

3) LUD: Luda Technology Group Limited
Total gain: +39.42%
The stock appeared to be moving on no notable news.

Today’s Notable Earnings

*Estimate and Actual numbers represent Earnings Per Share in US Dollars


BJ: BJ's Wholesale Club
Q3 2025
Before Market Open
Estimate: 1.090
Actual: N/A

SLAI: SOLAI
Q3 2025
After Market Close
Estimate: -0.040
Actual: N/A

IESC: IES Hldgs
Q4 2025
Before Market Open
Estimate: 3.110
Actual: N/A

Today’s Economic Dates

Time (ET)/ Report/ Period

7:30 AM - New York Fed President John Williams speaks - N/A
8:00 AM - Boston Fed President Susan Collins TV appearance - N/A
8:30 AM - Federal Reserve governor Michael Barr welcoming remarks - N/A

Parting Thoughts

“The big money is not in the buying and selling, but in the waiting.”

– Charlie Munger

Sourced in: 80 Investing Quotes on Risk, Patience & Wealth

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