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November 13, 2025 U.S. Market Briefing: Dow All-Time High, Nasdaq Pullback and Signals for Korean Investors

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📈 Market Briefing · 2025-11-13 PART 1 📘 Part 1. The Message U.S. Markets Sent on November 13, 2025 ― “A Strong Dow, a Shaky Nasdaq – the Market’s Power Is Shifting” On November 13, 2025 (U.S. time), the U.S. equity market showed more than just another day of ups and downs. It was a day that revealed a “change in the market’s internal structure.” On the surface, it looked like a fairly quiet session with the indices drifting slightly higher, but once you look under the hood at the components, a very different story emerges. What really stood out was the unusual combination of a strong, value-heavy Dow and a weaker, tech-heavy Nasdaq moving in opposite directions. Days like this matter a lot when you’re trying to read the market’s direction. It’s not just “one day of volatility” – it can be the starting point of a new flow of capital. 1️⃣ The Dow Hits an All-Time High — “This isn’t just another rally. It’s a sign the center of gravity...