S&P 500 and Nasdaq Fall Below 50-Day Moving Averages as Sell-Off Hits Tech and Crypto

The S&P 500 and Nasdaq fell below their 50-day moving averages on Nov. 18 for the first time in 138 trading sessions, The Wall Street Journal reports. The Dow Jones Industrial Average posted its worst three-day decline since April. The Monday sell-off extended across gold, cryptocurrencies, and technology stocks as investors liquidated positions ahead of key tests on whether the AI-driven rally and economic growth that propelled markets to consecutive records in 2025 can continue into the new year.