US stocks ended with heavy selling despite the lack of fresh catalyst - Newsquawk Asia-Pac Market Open

ZeroHedge
2025.11.20 22:10
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US stocks ended with heavy selling despite the lack of fresh catalysts. AI valuation concerns persist, and Goldman Sachs warned of equity sales from trend-following hedge funds. The Dollar saw marginal gains amid broad risk-off trade. Japan may intervene before USD/JPY reaches 160. US Non-Farm Payrolls for September were 119.0k vs. expected 50.0k. Upcoming highlights include New Zealand Trade Balance, Australian and Japanese PMIs, Japanese CPI, Japanese Trade Balance, UK Consumer Confidence, and Indian PMIs.

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