The one certainty about the market in 2025 is uncertainty. On Thursday, Nov. 13, stocks experienced their worst single-day decline since Oct. 10. This happened just a day after the Dow reached a record high of over 48,000.
Initially, investors cheered the end of the government shutdown and reported progress in a trade deal with China. However, renewed concerns over the valuation of some artificial intelligence (AI) stocks and uncertainty about a December rate cut are causing some investors to take profits.
Now that the government is back to work, investors will start getting macroeconomic data that can provide direction. However, some economic data from the past six weeks may never be released, which is adding to investor concerns.