Wall Street ended mostly higher, with the Nasdaq and S&P 500 in positive territory due to new AI deals, while the Dow closed lower. The Dow Jones Industrial Average fell 0.5% to 47,336.68 points. The S&P 500 gained 0.2% to 6,851.97 points, with tech and consumer discretionary stocks leading. The Nasdaq rose 0.5% to 23,834.72 points. Technology stocks fueled Monday’s rally, with Amazon announcing a $38 billion deal with OpenAI and Microsoft striking a $9.7 billion deal with IREN Limited. The Dow lagged due to healthcare companies like UnitedHealth and Merck underperforming. The ongoing government shutdown deprives investors of key economic data, with the ISM survey showing continued contraction in the manufacturing sector. Over 300 S&P 500 companies have reported earnings.

Read more at Nasdaq: Stock Market News for Nov 4, 2025