US Stock Market top gainers and losers on November 5: MMTec, Inc. sees over 600% jump, ETHZilla Corporation Warrant plunges by nearly 73%, NASDAQ, Dow Jones, S&P 500 witness rebound; here’s how key indices performed

Day after witnessing a drop, US stocks rebounded on Wednesday (November 5, 2025) as three Wall Street indices (S&P 500, Dow Jones and Nasdaq) ended on a high. The recovery came as jitters over inflated tech stock valuations abated and upbeat earnings and better-than-expected economic data fueled investors' risk appetite. The Dow Jones Industrial Average rose 225.76 points, or 0.48%, to 47,311.00, the S&P 500 gained 24.74 points, or 0.37%, at 6,796.29 and the Nasdaq Composite climbed 151.16 points, or 0.65%, to 23,499.80.

A broad rally sent all three major U.S. equity indexes higher on the day, with a bounce-back in tech and tech-related momentum stocks leading the charge. But the rally lost some momentum after JPMorgan Chase CEO Jamie Dimon told Reuters that asset prices are quite high and there is always a risk of markets going down.

Technology and artificial intelligence-related shares have muscled the stock market to record-breaking highs in recent months, leading to worries of inflated valuations and prompting Wall Street executives to issue pullback warnings. Those worries came to a head on Tuesday, when the S&P 500 and the Nasdaq posted their largest single-day percentage drops since October 10. Even so, investors viewed the selloff as healthy profit-taking.


A congressional impasse has resulted in what is now the longest-ever U.S. government shutdown, which has forced investors and the data-dependent Federal Reserve to rely on private sector indicators.

Third-quarter earnings season remains in full force as it barrels toward the last stretch. So far, 379 of the companies in the S&P 500 have reported, 83% of which topped Wall Street expectations, according to LSEG data. Analysts now predict aggregated S&P 500 earnings growth of 16.2% year-on-year for the July-September period, more than double the 8.0% growth expectations at the beginning of the quarter according to LSEG.

McDonald's gained 2.2% after the fast-food chain beat same-store sales estimates as affordable meal offers boosted demand. Match Group's fourth-quarter revenue forecast landed shy of expectations. But shares of the Tinder parent's shares jumped 5.2%.

Amgen gained 7.8% in the wake of the drugmaker's profit beat. Bank of America slipped 2.0% even though the lender raised its profitability target. Health insurer Humana dropped 6.0% after it reported third-quarter results, while Johnson Controls, jumping 8.8%, was among the biggest gainers on the S&P 500 after its stronger-than-expected 2026 profit forecast.

Super Micro Computer tumbled 11.3% in the wake of the company's disappointing results. Advancing issues outnumbered decliners by a 2.09-to-1 ratio on the NYSE. There were 134 new highs and 120 new lows on the NYSE.

Here are top gainers and losers according to NASDAQ

As of November 5, 2025, 4:15 PM ET, the market’s top movers reflected both remarkable gains and steep declines. Wall Street witnessed a highly volatile trading session, highlighting substantial movements on both ends of the market spectrum.

Among the most advanced stocks on NASDAQ, MMTec, Inc. (MTC) led with an extraordinary +626.9737% surge, marking it as the day’s standout performer. Following closely, the RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) advanced by +410.5263%, showing significant investor enthusiasm. GCM Grosvenor Inc. (GCMGW) recorded a +100% gain, while Solid Power, Inc. (SLDPW) rose by +83.0508%. Rounding out the top five, the Defiance Daily Target 2x Long LMND ETF (LMNX) increased by +69.2727%, contributing to the day’s strong upward momentum among select equities.

In contrast, the most declined stocks experienced sharp losses. ETHZilla Corporation Warrant (ETHZW) fell dramatically by -72.8097%, representing the steepest decline. Functional Brands, Inc. (MEHA) followed with a -71.5321% drop, while WF International Limited Ordinary Shares (WXM) decreased by -54.8638%. Rubico Inc. (RUBI) saw a decline of -49.7537%, and Cheer Holding, Inc. (CHR) rounded out the list with a -45.5882% loss.