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Daily Wrap-Up: Four-Day Losing Streak | Nov 18, 2025

By March 28th, 2026General Articles2 min read

Tuesday’s S&P 500 index futures session extended the losing streak to four days, with early bullish attempts repeatedly sold into as the market braces for NVIDIA earnings Wednesday evening.

Overnight trading started with bulls in control, pushing to an early high of 6708.75 before fading into the red. The premarket action settled near Monday’s low. The regular session saw a brief bullish push at the open, but selling pressure quickly overwhelmed buyers, breaking the premarket low and driving the index toward the psychological 6600 level. A low of 6594 was marked, just above the October 17 low of 6571.25. Dip-buyers stepped in, aided by reports of the White House exploring tariff rebate checks without congressional approval. 

Bulls managed to rebound near Monday’s low and briefly approached Monday’s close, but momentum stalled. In the final hour, sellers and profit-takers dominated, producing a steady fade into the bell. The session closed near the day’s midpoint at 6639.75, down 52.25 handles.

Wednesday brings the Philadelphia Fed manufacturing survey and August trade deficit at 8:30 AM ET, FOMC October meeting minutes at 2:00 PM ET, and several earnings reports, highlighted by NVIDIA Corp (NASDAQ: NVDA) after the close at 4:20 PM ET.

Among top index components, Berkshire Hathaway Inc (NYSE: BRK.B) was the biggest gainer, rising $1.11 or 0.22% to close at $504.37

Outperforming the cash index’s 0.84% decline by over one percent.

Amazon.com Inc (NASDAQ: AMZN) led losers, tumbling $10.32 or 4.43% to close at $222.55 following a downgrade from Rothschild & Co.