U.S. stock futures were fluctuating on Wednesday after Tuesday’s lower close. Futures of major benchmark indices were mixed. Investors interpreted the latest batch of corporate earnings as solid but not spectacular, offering a convenient excuse to take profits after strong year-to-date rallies.
On Tuesday, November 4, market breadth deteriorated sharply once again. Key metrics across advancing/declining stocks, moving averages, and longer-term trend indicators all turned more negative. The fading strength observed on Monday deepened into broader weakness, with downside momentum accelerating.
As of November 4, 2025, the global financial markets are witnessing a significant shift, with a rallying US dollar and a retreating stock market exerting considerable downward pressure on gold and silver prices. This confluence of macroeconomic factors, primarily driven by a hawkish outlook on interest rates, is creating a
Risk appetite cooled on Tuesday as investors interpreted the latest batch of corporate earnings as solid but not spectacular, offering a convenient excuse to take profits after strong year-to-date rallies.
Despite a strong showing from a few tech giants, Monday’s market breadth deteriorated sharply, with most stocks declining and key breadth metrics reversing course. The data confirms a continuation of weakening participation beneath the surface, raising red flags about the sustainability of the broader market’s gains.
