The Cboe Skew Index, which measures options traders’ demand for tail-risk hedges, has risen sharply since Nov. 12, when it touched a post-election low. The index closed above 167 on Monday, its highest reading in more than two months, according to LSEG data.

Dell shares dropped 12%, while mega-cap giants Nvidia, Meta, and Microsoft all ended lower. The stock market will be closed Thursday for Thanksgiving.

Shares opened higher in Europe on Thursday after a mixed session in Asia following a Big Tech-led retreat on Wall Street. Germany's DAX advanced 0.7% to 19,394.41 while the CAC 40 in Paris gained 0.6% to 7,

U.S. stocks rose to records Tuesday after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street, even if they could roil the global economy were they to take effect. The Dow Jones Industrial Average added 123 points,

Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week. The S&P 500 fell 0.4%, even though more stocks in the index notched gains than ended lower.

Stocks wavered in afternoon trading on Wednesday, as losses for several Big Tech companies offset gains elsewhere in the market. The S&P 500 fell 0.4% in afternoon trading, even though more stocks were rising than falling in the index.