Goldman Sachs President drops blunt take on stocks as market retreats

The Labor Department announced that it would not release complete jobs data for October due to the impacts of the government shutdown. This decision leaves Federal Reserve officials with an incomplete understanding of the labor market as they prepare for their upcoming meeting. The September jobs report is expected to be released on Thursday.

The S&P 500 index ended its four-day losing streak, showing a positive shift in the U.S. market as investors awaited Nvidia's earnings report. This recovery comes after a period of declines attributed to concerns over Nvidia's performance and broader market volatility. The closing bell coverage was provided by Bloomberg Television and Radio.

The Federal Reserve's recent meeting revealed significant divisions among officials regarding potential interest rate cuts next month. The discussions highlighted contrasting views on the economic outlook and the appropriate monetary policy response.

The Federal Reserve's recent meeting minutes indicate deepening divisions among officials regarding a potential interest rate cut in December. Concerns over the economic outlook and the effectiveness of monetary policy responses have led to uncertainty about future actions. This sentiment is reflected in the broader market, with investors reacting to mixed signals about the Fed's direction.

Federal Reserve Governor Stephen Miran advocates for a revision of Wall Street regulations prior to addressing other economic issues related to the central bank's balance sheet. His remarks were made during a speech at the Bank Policy Institute in Washington.

Progressive stock has seen gains following Goldman Sachs' reaffirmation of a Buy rating, citing strong growth prospects for the company. This positive sentiment reflects investor confidence in Progressive's market performance and future potential.

Goldman Sachs has raised its price target for American International Group (AIG) stock to $84, reflecting a positive outlook for the company. This adjustment indicates the investment bank's confidence in AIG's potential for growth and performance in the market. The increase in the price target comes amid broader market analyses and expectations regarding economic recovery and employment trends.

On November 19, 2025, the stock market showed signs of recovery with Nasdaq and S&P 500 futures turning positive as investors awaited Nvidia's earnings report. This live blog provides continuous updates on market movements and investor sentiment throughout the day.