By William Collins, consultant in stock markets – Eurasia Business News, November 7, 2025. Article no 1888

The Nasdaq Composite index fell by about 0.2% to close at 23,004.54 points.

The Dow Jones Industrial Average (DJIA) gained 74.78 points or approximately 0.16%, closing at 46,987.09. This gain followed a volatile period with concerns about consumer confidence and tech sector performance.

Meanwhile, the S&P 500 also saw a slight increase of around 0.1%, closing near 6,728.80, after spending much of the day in negative territory. 

Tesla stock declined significantly by about 3.7%, closing at approximately $429.52, amid a broader tech sell-off influenced by concerns over AI stock valuations and investor reactions to Tesla CEO Elon Musk’s $1 trillion pay package.

This contributed to a challenging week for the Nasdaq, marking its worst weekly performance since April. Other major tech stocks also faced pressure, while the Dow and S&P 500 showed slight gains on the same day. The market was affected by cautious consumer sentiment and economic uncertainties.

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Amid the Nasdaq’s decline and its worst week since April, gold and silver prices showed gains reflecting safe-haven demand supported by economic uncertainty and expectations of upcoming interest rate cuts by the Federal Reserve.

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Gold futures rose to approximately $4,005 per ounce, up around 0.48% from the previous day, with a price near $3,996 at closure. Silver also gained, with prices around $48.61 per ounce, which was an increase of roughly 1.21% from the prior day. 

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© Copyright 2025 – Eurasia Business News. Article no. 1888