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Today’s Stock Market
November 6, 2025 at 2:00 p.m. EST
After Tuesday’s selloff risk assets bounced modestly yesterday. It was another a very busy day of earnings, broadly speaking the numbers continue to be solid but, in many cases, this hasn’t translated into a positive market response. There was some constructive economic data (ADP & ISM Services) which pushed yields higher. The Supreme Court hearings on tariffs began with justices expressing skepticism about President Trump’s authority to implement these measures. On the margin, this seemed to help stocks in tariff exposed/consumer facing industries and may have added to some of the Treasury weakness. Major indices did fade into the close with tech leading to the downside.
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