CNBC Business News Update - Market Close: Stocks Sold Off, Dow Falls 550, Bitcoin Triggers "Death Cross," Home Depot Reports Tuesday 11/17/25

Episode Date: November 17, 2025

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

I'm Jessica Ettinger, CNBC. Wall Street opens Tuesday morning after an ugly sell-off for stocks on Monday. The major average is all down about 1%. The Dow falling 557 points. That was a little more than 1%. American Express shares let it lower. They were down 4.5% on Monday. The S&P 500 indexed down 61.

The NASDAQ fell 192 points. of NVIDIA were down 1.8%. There's just a lot of tech nervousness. I feel like this is like fear and greed at the same time. There's just so much polarization. You know, look good in the last 24 hours. You've got big firms coming out with bulk calls for the equity market and you've got really smart guys getting, you know, saying we got a problem. So it's just, to me, there's just a lot of polarization and uncertainty. Trivari, it's Adam Parker on CNBC. Bitcoin falling, reaching what investors call the death cross hitting 91,000, its lowest since last April. We're in bare market territory with Bitcoin down 25% from its October high,

broke below 92K, and that's triggered a death cross, which is a bearish momentum signal where Bitcoin's 50-day moving average drops below its 200-day, and historically it lines up with local bottoms, but only if there's a quick bounce back. And so far, we're not seeing one. CNBC's McKenzie Sigalos. Google Parent Alphabet shares were higher on Monday, up 3% after Warren Buffett's Berkshire Hathaway took a stake in the company. Investors are waiting for Home Depot's earnings coming Tuesday morning to start a parade of

retail results this week. But a biggie, NVIDIA, will report after the closing bell on Wednesday. It's a Super Bowl, not just for tech earnings, but I think this market, right? I mean, the reality is that there's only one godfather of AI, and that's a lot. Jensen, but it all comes down to on Wednesday night, you're going to be able to hear a pin drop on trading forers around the world. That's Wedbush's Dan Ives on CNBC. Jeep set to unveil another new vehicle, the Jeep Recon. Stalantis is dealing with six years of Jeep sales declines. It's a Wrangler-inspired, all-electric SUV. You can buy a Hyundai vehicle on Amazon, and here comes

Ford, at least for used fords on Amazon.com. The Ford deal actually just includes certified pre-owned vehicles right now, and those are vehicles that have a company-backed warranty, and they've been inspected, and they're kind of almost less expensive than new vehicles, more expensive than traditional used vehicles. And yeah, we're talking about thousands of vehicles here. The whole certified pre-owned market last year was 2.5 million vehicles. So we're talking a little bit of a kind of tipped in the toe here for Ford and Amazon. But we've also seen Hertz join the network for Amazon.

And I think we're just going to see more automakers, more companies doing this. CNBC's Mike Whalen. Wendy's closing hundreds of restaurants. It's streamlining its business. CBS says the Dublin, Ohio-based company may close as many as 300 locations. About 5% of its 6,000 total restaurants in the U.S. On Tuesday's watch list, the retail earnings parade begin. begins with results from Home Depot. We get a job's estimate from payroll company ADP.

We find out how home builders are feeling about the economy with the National Association of Home Builders Survey. Jessica Eddinger, CNBC. CNBC has the most affluent audience in television, but money itself doesn't have any meaning. It's how you make it and what you do with it that gives it purpose.