Wall Street ends the week with mixed investor sentiment, all eyes on the Nvidia report next week as AI stocks remain in focus; here's what to expect

Artificial Intelligence (AI) stocks dictated things on Wall Street as the week ended mixed on Friday (November 14, 2025). As the market reopens next week on Monday (November 17, 2025), investors will continue to keep a close look at the quarterly results of Nvidia, the world's largest company by market value.

Turbulence in technology stocks could ratchet higher in the coming week as investors react to Nvidia’s awaited quarterly report. The chip maker has been at the heart of Wall Street's artificial intelligence trade. Besides the AI stocks. Investors are also anxious that the Federal Reserve may hold off on cutting US interest rates in December.

Talking about the key Wall Street indices, the Nasdaq ended higher, and the S&P 500 finished marginally weaker after an early sell-off that dragged all three indexes down more than 1%. The S&P 500 fell slightly by 0.05%, while the Nasdaq rose 0.13%, and the Dow dropped 0.65%. For the week, the S&P 500 rose 0.1%, the Dow added 0.3%, and the Nasdaq lost 0.5%.


In the last few days, investors have fretted about the pace of rate cuts and pricey valuations of heavyweight artificial intelligence stocks that have fueled much of the US stock market's gains in recent years. Nvidia, Palantir and Microsoft each gained more than 1%.

Nvidia in focus

AI chipmaker Nvidia will be at the center of Wall Street's attention when it reports quarterly results on Wednesday (November 19, 2025), with investors eager for fresh evidence that a race to dominate the emerging technology is not losing steam.

"We've got a huge event next week with Nvidia," said Mike Dickson, head of research and quantitative strategies at Horizon Investments in Charlotte, North Carolina, as quoted by Reuters. "If Nvidia disappoints, they will be punished. But I also think that—kind of like you're seeing today—you'll see dip buyers come back in pretty quickly and stabilize things." UnitedHealth Group declined 3.2%, and Visa lost 1.8%, both weighing on the Dow.

ALSO READ: S&P 500, NASDAQ and Dow futures project mixed outlook after Wall Street ends the week with a volatile day, AI stocks remain in focus; here’s how key indices performed

Outside of tech, Walmart edged down 0.2% after saying its CEO, Doug McMillon, will retire in January in a surprise move. He had helped the retailer embrace technology more. It had been down as much as 3.6% on Friday morning.

Expectations of Fed rate cuts fade

Expectations the Fed will cut rates at its December policy meeting have faded in recent days amid signs of persistent inflation, caused in part by U.S. President Donald Trump's global tariffs. The probability of a 25-basis-point rate cut in December has fallen to under 50% from 67% last week, Reuters reported, citing CME Group's FedWatch tool.

Kansas City Fed President Jeffrey Schmid said on Friday his concerns about "too hot" inflation go well beyond the narrow effects of tariffs, signaling that he could dissent again at the Fed's December meeting should policymakers opt to cut short-term borrowing costs. He was one of two dissenters in the Fed's October decision to lower the policy rate by a quarter of a percentage point.