Stock Focus Report – Market Analysis for November 20, 2025

Wall Street staggered into Thursday with a less-than-rosy performance in the markets. The S&P 500 fell 1.56%, losing over 103 points as investors grappled with tech turmoil. The Nasdaq saw an even sharper slide, dropping 1.69%, dragged down by big names like Micron Technology (MU) shedding $24.55. Even the Dow Jones wasn’t spared, slipping 0.84%. Notably, MercadoLibre (MELI) took a historical nose dive, plummeting $177.43. On a brighter note, Walmart (WMT) added $6.53 to its share price, providing a rare glimmer of hope amid the widespread sell-off. Overall, Thursday’s session was a reminder that volatility is still very much in play this earnings season.

So what triggered Thursday’s market slide? Tech took a beating, that’s for sure. Micron Technology (MU) and Sandisk Corporation (SNDK) were two tech titans that saw significant declines, highlighting the sector’s vulnerability amid shifting consumer trends and supply chain hiccups. Over in e-commerce, MercadoLibre (MELI) suffered a drastic fall as Latin American markets face mounting economic pressures. Meanwhile, the retail giant Walmart (WMT) defied market gravity, buoyed by strong earnings and elevated consumer spending in staple goods. Thursday was a tapestry of mixed fortunes, with transportation stocks like Uber (UBER) also struggling, declining $6.16 amid rising operational costs.

Investor sentiment took a hit on Thursday, as the tech-heavy Nasdaq’s downward trajectory set a cautious tone. Stocks like Robinhood (HOOD) and Bath & Body Works (BBWI) contributed to the unease, dipping alongside broader market pessimism. The rising treasury yields—10-Year now at 4.11%—added fuel to the fire, making growth stocks less attractive. Still, some investors found solace in defensive plays, as evidenced by Walmart’s (WMT) rise. Despite the somber mood, a handful are holding out hope for stabilization as the Dollar Index (DXY) ticked up, indicating some investor confidence in the greenback amid global economic uncertainties.

As we wrap up Thursday, it’s clear the markets are navigating rough seas. Keep an eye on tech—especially companies like Micron (MU) and Sandisk (SNDK)—as they continue to reel from today’s shocks. The consumer sector bears watching too, particularly stragglers like Bath & Body Works (BBWI), which have been hit hard. Looking forward, Walmart’s (WMT) impressive results provide a case study in resilient consumer demand. As we move into Friday, monitor treasury yields closely, as further increases could shape next week’s trading patterns. For now, investors are left pondering their positions and speculating on next steps.