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13 November 2025 21:41  |

Stocks fall, Dow pulls back from record high

Stocks pulled back on Thursday after a continued market rotation powered the Dow Jones Industrial Average to fresh highs.

The Dow Jones Industrial Average lost 72 points, or 0.2%. The S&P 500 shed 0.5%, while the Nasdaq Composite pulled back 0.9%.

Disney was one the key laggards during the session, as shares fell 8% on mixed results for the company’s fiscal fourth quarter.

Wednesday again saw a divergence between technology stocks and other pockets of the market as value-oriented sectors such as health care outperformed. The rotation has been a relief for some investors looking for a broadening out of the market, but it could also signal growing caution away from risk-on assets.

The Dow on Wednesday closed above 48,000 for the first time, putting the 30-stock index on pace for its best weekly performance since late June. The S&P 500 settled up slightly above the flatline to post four straight days of gains, meanwhile, and the tech-heavy Nasdaq Composite closed the day in the red.

Source : Cnbc.com

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