Monthly Market Report November
- Ron Taraborrelli
- 5 days ago
- 1 min read
Index | 1 Month % | Year To date % | One Year % |
S&P 500 Total Return | 0.25 | 17.81 | 15.00 |
NASDAQ Composite** | (1.94) | 21.00 | 21.58 |
S&P Developed Ex-US BMI* | 0.01 | 29.84 | 26.24 |
Dow Jones Commodity (DJCI) | 1.7 | 14.24 | 16.85 |
S&P US Aggregate Bond* | 0.66 | 7.32 | 6.42 |
Concerns over the government shutdown, technology sector valuations, low consumer confidence, and a shift in consensus toward a December rate cut dominated headlines in November, driving volatility in the stock market.
Investors rotated into small- and mid-cap stocks and out of technology. The best-performing sectors were healthcare, communication services, materials, and consumer staples.
Technology was the worst-performing sector, but could have been worse had it not been for Nvidia's October revenue report, which rose 62% year-over-year. Nvidia’s forward guidance was also positive, easing fears of a technology stock bubble.
The market was also propelled up by Walmart’s third-quarter earnings expectations with adjusted earnings of 62 cents per share and revenue of $179.5 billion, a 5.8% increase.
By the end of November, the consensus was back to a 0.25% Fed rate cut, which seems fully priced into the market.
Source: S&P Dow Jones Indices LLC and/or its affiliates. Data as of November 28, 2025, except * as of November 26, 2025. Index performance based on total return (USD). Past performance is no guarantee of future results.
**NASDAQ Data as of November 28, 2025 Overview for COMP
Investment advice offered through Stratos Wealth Advisors, LLC, a registered investment advisor. Stratos Wealth Advisors and Synergy Wealth Management are separate entities.