Weak labor market and rising short interest dampen the rally momentum in U.S. stocks.
TechFlame
2025-11-11 14:57
TechFlame2025-11-11 14:57
English
TechFlame News — According to Jinshi reports, the rebound in U.S. stocks has stalled as large-cap AI-related stocks declined and traders analyzed data indicating further weakness in the labor market. The S&P 500 opened 0.2% lower, with declines in the technology and communication services sectors being the primary drivers. Nvidia’s stock slipped after SoftBank sold its entire stake, cashing out $5.83 billion. Data from Citi Research showed that investors increased bearish bets on the stock market over the past week, including a net new short position of $3.75 billion added to the Nasdaq. ADP data revealed that U.S. private sector employment decreased by an average of 11,250 jobs per week in the four weeks ending October 25.