CNBC | Friday, November 7, 2025 
Dow drops 200 points as weak consumer sentiment and tech declines hurt stocks: Live updates

Stocks moved lower Friday, pressured by more losses in technology stocks, and were on pace for a losing week as new economic data added to investors’ economic fears. The S&P 500 lost 0.7%, while the Nasdaq Composite shed 1.3%. The Dow Jones Industrial Average dropped 201 points, or 0.4%. Concerns among investors around the strength of the U.S. economy have come into view this week. A survey from the University of Michigan revealed Friday that consumer sentiment has neared its lowest level ever. The data comes just a day after firm Challenger, Gray & Christmas reported that layoff announcements in October reached their highest level for the month in 22 years. Because of the record-breaking U.S. government shutdown, investors have been getting little on the economic data front. The Bureau of Labor Statistics would have released the nonfarm payrolls report Friday. For the second month in a row, however, it is unable to do so because of the stoppage. Economists surveyed by Dow Jones had been expecting the report to show a decline of 60,000 jobs and an increase in the unemployment rate to 4.5%. The Senate is expected to vote Friday on advancing a House-passed stopgap funding measure. The longest-ever federal funding lapse has posed a threat to economic activity, including causing flight disruptions due to shortages of air traffic controllers, who have been working without pay since October. Transportation Secretary Sean Duffy said Wednesday that he will be…Read more