Markets News, November 5, 2025
Stock Indexes Rebound Despite Ongoing Shutdown
Major U.S. stock indexes closed higher on Wednesday, marking the 36th day of the ongoing government shutdown. Investors seemed to dismiss concerns about a potential AI-driven market bubble, while the U.S. Supreme Court expressed doubt over President Donald Trump’s tariff policies.
Market Performance
- Nasdaq Composite: up 0.7%
- Dow Jones Industrial Average: up 0.5%
- S&P 500 Index: up 0.4%
These gains followed a day of losses on Tuesday, when the Nasdaq had dropped 2% amid widespread selling in tech stocks.
Company Highlights
Shares of Palantir Technologies (PLTR) fell another 1.5%. The company had reported record quarterly results and raised its full-year outlook, yet its valuation concerns persisted after a year-to-date surge of over 150%.
Advanced Micro Devices (AMD) initially declined in premarket trading despite strong earnings that surpassed analyst estimates, driven by heavy demand for AI data center chips. However, the stock reversed those early losses to close 2.5% higher.
Post-Earnings Movements
- Pinterest (PINS): down almost 22%
- Axon Enterprises (AXON): down 9%
- Arista Networks (ANET): down about 8.5%
- Super Micro Computer (SMCI): down 11%
- Humana (HUM): down 6%
- Novo Nordisk (NVO) U.S.-listed shares: up less than 1%
“Investors appeared ready to look past near-term economic disruption, focusing instead on corporate resilience amid the government shutdown.”
Analyst Perspective
Market analysts suggested that while investors are showing renewed optimism, volatility remains a key risk as earnings season continues and political uncertainty lingers.
Author’s Summary: U.S. markets rebounded midweek despite the prolonged shutdown and judicial scrutiny over tariffs, with mixed corporate results driving selective gains in major indices.