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WSJ Minute Briefing

Nasdaq Closes its Worst Week Since April

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 7 November 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Affirm shares jump on popularity of its buy now, pay later service. And Tesla stock falls after shareholders approve Elon Musk’s massive pay package. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Here's your closing bell brief for Friday, November 7th. I'm Catherine Sullivan for the Wall Street Journal.

0:10.4

U.S. stocks finished mixed today. The Dow rose 0.2%, and the S&P 500 gained 0.1%. The NASDAQ, however, retreated

0:19.2

0.2%. The tech-heavy index capped its worst week since April,

0:23.7

weighed down by declines in technology and ship stocks. Investor moods soured amid data showing

0:28.9

darkening consumer sentiment linked to the ongoing government shutdown. Among individual companies,

0:34.6

Expedia shares surged almost 18 percent after the travel company raised its annual sales

0:40.0

outlook. Shares in the payment company a firm climbed 12% as its quarterly results beat expectations.

0:47.5

Tesla stock slid nearly 4% in the first session after shareholders approved Chief Executive Elon Musk's

0:53.5

$1 trillion pay package.

0:56.1

Shares of block slid 7.7% because the quarterly results from the company behind Cash App and Square

1:02.3

missed Wall Street forecasts. And Take 2 interactive software shares dropped nearly 8% after the

1:09.8

video game developer delayed the release of Grand

1:12.1

Thief Auto 6. Heads up, an artificial intelligence tool helped us make this episode by creating

1:18.2

summaries that were based on WSJ reporting and then reviewed and adapted by an editor. We'll have a

1:23.6

lot more coverage of the day's news on the WSJ's What's News podcast. You can add it to your

1:28.7

playlist on your smart speaker or listen and subscribe wherever you get your podcasts.

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