Ep91: Gentle Under-Currents, Slipping Tech and Quiet Risk - November 17th, 2025

In tonight’s episode of The Gentle Ledger, the markets drift lower as tech and growth stocks lose their grip. The Dow slips 557 points to 46,590, the S&P 500 falls to 6,672, and the Nasdaq eases to 22,708 amid renewed caution over AI valuations. Nvidia dips 1.8%, Super Micro drops 6.4%, and American Express tumbles 4%, signaling stress across tech and credit. Overseas, Japan’s 10-year bond yield rises to 1.70%, a quiet reminder of shifting global risk. U.S. Treasury yields hold near 4.13%, gold steadies around $4,064, and oil lingers near $60. In crypto, Bitcoin sinks below $92,000 while Ethereum clings to $3,000. Settle in, breathe deeply, and follow the market’s gentle under-currents — a night defined by softness, caution, and subtle recalibration.