Stock Market Today: U.S. Stock Futures Rise After Week-Long Tech Struggle

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Happy Friday. This is TheStreet’s Stock Market Today for Nov. 7, 2025. You can follow the latest updates on the market here in our daily live blog.

Update: 3:34 a.m. ET

Everything Happening (That We Know Of)

Good morning and happy Friday. Its been a rough week for the U.S. markets, but that’s to be expected after the year we’ve had. 

It’s hard to forget, even with the recent theatrics in the market, that we’re not even 3% below all-time highs in the S&P 500. Like, does anybody understand how ridiculous it is that headlines are talking about “two-week lows” in the Nasdaq? 

Again, it must be easy to memory hole that the Nasdaq fell into bear market territory nine months ago and has since rallied over 51% from its Apr. 8 low. It has been a truly crazy year.

That’s not to dismiss the precarity of the situation: an unseasonably strong third-quarter was strange enough, but the way in which this fourth-quarter has gotten off the ground might be even stranger. 

We’re getting a pretty strong earnings showing, but yet, we’re seeing AI valuation jitters. There’s a record government shutdown still on the clock, indications that the labor market is still cooling, and skepticism around the rate cut trajectory. 

If ‘bad news, but not too bad’ was the theme of Q3, then it’s hard to see what the theme is here. It’s still coming together though, so let’s walk. Here’s what is on deck for today:

A.M. Earnings: Constellation Energy, KKR & Co., Enbridge

Seeing how it’s Friday, most of today’s earnings are coming bright and early, because nobody wants to be sat up waiting to release earnings and do an after hours call with the weekend just hours away. Duh. Everybody knows that. Per Nasdaq, here are the reports on deck for today:

Economic Data & Events

While we’ll hear from a few Fed leaders today, the real focus point of today will be the PreliminaryUniversity of Michigan Consumer Sentiment data for November. 

We’ve already observed consumer sentiment indicators sagging during the government shutdown, particularly the Conference Board and Morning Consult’s daily consumer barometer, so this will be an interesting one to watch when it drops at 11:00 a.m. ET.

Bonus Data: Flight Cancellations Edition

Totally separately from your typical reports, plenty of investors and analysts will also be curious this morning to see how airlines made work of their schedules after the FAA ordered airlines to cancel 4% of flights out of 40 high-traffic airports on Friday, citing the short-staffing of air traffic controllers. 

Per FlightAware, there are over 814 cancellations within, into, or out of the United States. However, there’s plenty of opportunities for delays or difficulty for travelers, as ground stops are seen as possible at major airports in Las Vegas, Boston, New York, and San Francisco. The makers of the Flighty app said that cancelling 10% of U.S. flights could translate into 30% to 40% of daily flights being delayed or cancelled.

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This story was originally published November 7, 2025 at 12:36 AM.