CSCO stock declined by 25.0% from a peak of $58.05 on July 15, 2019, to $43.52 on December 5, 2019, as opposed to a peak-to-trough decline of 19.8% for the S&P 500. Nonetheless, the stock fully recovered to its pre-Crisis peak by August 20, 2021.

It may be a particularly good time to ask that question now. Red warning flags are springing up all over Wall Street, and they are becoming increasingly hard to ignore.

US stocks fell sharply on Thursday, led by a decline in tech stocks as the end of the longest-ever US government shutdown was met by concern from investors that the Federal Reserve's plans for a December rate cut might be in doubt.

Firefly Aerospace ( FLY +1.44%) stock, the recent space IPO, defied the market's sell-off Thursday, flying safely above a sea of red to end the day up 17% after beating analyst forecasts for both sales and earnings in its Q3 report.

Current market strength is attributed to Federal Reserve monetary policy, particularly the quantitative programs initiated under Ben Bernanke since 2010. Last week, the Dow Jones Industrial Average hit two new historical highs.

Major Asian stock markets suffered strong losses, with Japan's Nikkei and Korea's Kospi crashing 2 per cent each and Hang Seng dropping by a per cent during the session on November 7, following an up to 2 per cent fall on Wall Street overnight.

The Supreme Court is currently hearing a crucial case that will determine if President Donald Trump's tariffs can continue or were imposed illegally.

Nvidia spent $12.46 billion to buy back its stock during the three months to Oct. 26. That's up from $9.72 billion in the previous quarter, and more than the $11 billion spent in the same quarter a year ago.