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November 6, 2025 3 mins
Listeners, today the United States stock market closed on a positive note, with the Standard and Poor's Five Hundred Index up twenty-four points, or zero point thirty-seven percent, finishing at six thousand, seven hundred ninety-six point two nine United States dollars; the Dow Jones Industrial Average gained two hundred twenty-six points, or zero point forty-eight percent, ending at forty-seven thousand, three hundred eleven United States dollars; and the Nasdaq Composite rose one hundred fifty-one points, or zero point sixty-five percent, closing at twenty-three thousand, four hundred ninety-nine point eight United States dollars according to eOption. The Russell Two Thousand led small caps higher by one point five four percent.

Market direction was driven by optimism over the potential resolution to the ongoing United States Government shutdown, which has now entered its thirty-seventh day. Additional support came from strong earnings reports in technology, as earnings beats from companies like Qualcomm and Marvell Technology bolstered sentiment. Marvell saw a significant move after reports that SoftBank had considered an acquisition, which marked one of the biggest news events in the semiconductor sector.

Notable sector strength came from technology and communications, helped by positive results from Fortinet, Snap, and Qualcomm, while energy stocks lagged as commodity prices softened. Snap jumped on robust user growth and a share repurchase announcement, and Klaviyo surprised with strong revenue growth. Conversely, HubSpot and Residio Technologies saw notable declines after issuing cautious guidance.

Among the most actively traded and biggest percentage movers today were Marvell, Snap, and Klaviyo. EchoStar soared after news it will sell spectrum licenses to SpaceX for approximately two point six billion United States dollars in SpaceX stock. On the downside, HubSpot and Residio Technologies fell sharply on weaker outlooks.

Challenger reported that October job cuts surged to one hundred fifty-three thousand, the highest for that month since two thousand three, largely in technology and warehousing, which put some pressure on labor market sentiment. Meanwhile, daily comments from United States Federal Reserve officials were closely watched for clues on future interest rate moves.

Looking ahead, pre-market futures are slightly mixed, suggesting a cautious but steady start for tomorrow according to eOption. Key events to watch Friday include early United States Federal Reserve speeches, the release of Michigan Consumer Sentiment and Inflation Expectations, and upcoming earnings reports from large retailers which could impact trading ahead of the holiday shopping season. The government shutdown, upcoming Federal Reserve commentary, and tech sector earnings remain potential catalysts for market movements.

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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Listeners. Today, the United States stock market closed on a
positive note, with the Standard Impores five hundred index up
twenty four points or zero point three seven percent, finishing
at six thousand, two seven hundred ninety six point twenty

(00:22):
nine United States dollars. The Dow Jones Industrial Average gained
two hundred twenty six points, or zero point forty eight percent,
ending at forty seven thousand, three hundred eleven United States dollars,
and the Nasdaq Composite rose one hundred fifty one points
or zero point sixty five percent, closing at twenty three thousand,

(00:44):
four hundred ninety nine point eight United States dollars. According
to e option, the Russell two thousand led small caps
higher by one point five to four percent. Market direction
was driven by optimism over the potential resolution to the
ongoing United States government shutdown, which has now entered its
thirty seventh day. Additional support came from strong earnings reports

(01:07):
in technology, as earnings beats from companies like Qualcomm and
Marvel Technology bolstered sentiment. Marvel saw significant move after reports
that SoftBank had considered an acquisition, which marked one of
the biggest news events in the semiconductor sector. Notable sector
strength came from technology and communications, helped by positive results

(01:29):
from Fortinet, Snap, and Qualcom, while energy stocks lagged as
commodity prices softened. Snap jumped on robust user growth and
a share repurchase announcement, and Clavio surprised with strong revenue growth. Conversely,
HubSpot and Residio Technologies saw notable declines after issuing cautious guidance.
Among the most actively traded and biggest percentage movers today

(01:51):
were Marvel, Snap and Clavio. EchoStar soared after news it
will sell spectrum licenses to SpaceX for approximately two points
six x billion United States dollars in SpaceX stock. On
the downside, HubSpot and Residio Technologies fell sharply on weaker outlooks.
Challenger reported that October job cuts surged to one hundred

(02:13):
fifty three thousand, the highest for that month since two
thousand three, largely in technology and warehousing, which put some
pressure on labor market sentiment. Meanwhile, daily comments from United
States Federal Reserve officials were closely watched for clues on
future interest rate modes. Looking ahead, pre market futures are

(02:35):
slightly mixed, suggesting a cautious but steady start for tomorrow.
According to e option, key events to watch Friday include
early United States Federal Reserve speeches, the release of Michigan
consumer sentiment and inflation expectations, and upcoming earnings reports from
large retailers, which could impact trading ahead of the holiday
shopping season. The government shut down, upcoming Federal Reserve commentary,

(03:00):
and tech sector earnings remain potential catalysts for market movements.
Thank you for tuning in, and be sure to subscribe
for ongoing updates. This has been a quiet please production
For more check out quiet Please dot a I
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