U.S. stocks rebounded on Wednesday after a tech slump, with all major indexes closing in positive territory. The Dow Jones Industrial Average (DJI) climbed 0.1%, the S&P 500 rose 0.4%, and the Nasdaq gained 0.6%. The fear gauge, CBOE Volatility Index (VIX), was down 4.17% to 23.66.

Tech stocks finally rebounded, with NVIDIA Corporation gearing up to report quarterly results. NVIDIA shares ended 2.9% higher. Rising concerns over AI company valuations prompted investors to seek defensive stocks. Alphabet Inc. also saw a 4.4% jump after unveiling its new AI generation, Gemini 3.

Minutes of the Fed meeting raised concerns about lower interest rates impacting inflation. The Fed officials are uncertain about another rate cut this year. Economic data showed challenges in the fight against inflation. The government will release a combined nonfarm payrolls report for October and November, skipping the October report.

Zacks’ research chief names a stock most likely to double in the coming months. The top pick is a satellite-based communications firm in a trillion-dollar industry. Analysts forecast a major revenue breakout in 2025. Investors can download 7 best stocks for the next 30 days and get free stock analysis reports for NVIDIA Corporation and Alphabet Inc.

Read more at Nasdaq: Stock Market News for Nov 20, 2025