Markets News, Nov. 9, 2026: Dow Climbs 1,100 Points as Stocks Rebound from Last Week’s AI Sell-Off; Nvidia Sinks Amid CEO Probe
Credit: Spencer Platt / Getty Images
Major stock indexes soared Monday as tech stocks broadly rallied, even as Nvidia shares tumbled following news that raises uncertainty about the chipmaker’s leadership.
The Dow Jones Industrial Average closed 2.2% higher, adding 1,100 points, while the S&P 500 and the tech-focused Nasdaq climbed 2.4% and 2.7%, respectively. The indexes posted big losses last week—the S&P 500 had its worst week since April 2025—owing to a tech stock sell-off fueled by concerns that the pace of AI development could slow following the resounding victory by Democrats in the midterm elections.
Chip stocks, which were at the forefront of last week’s rout, were mostly higher Monday. Shares of Advanced Micro Devices (AMD) jumped 13%, Lam Research (LRCX) surged 10%, Broadcom (AVGO) and Marvell Technology (MRVL) each rose 9%, and Intel (INTC) and Micron (MU) gained 6%. The iShares Semiconductor ETF (SOXX) closed 7.5% higher
Shares of Nvidia (NVDA), the company at the center of the AI boom, bucked the trend, dropping 5%. Following reports over the weekend that CEO Jensen Huang had a relationship with a woman alleged to be a spy for China, the company said its board had begun an investigation. Huang, in a statement released to Nvidia employees, acknowledged an extramarital affair and said he would cooperate with the investigation.
Nvidia was the only member of the Magnificent 7 group of major tech stocks to lose ground today. Meta Platforms (META) and Tesla (TSLA) each jumped more than 5%, while Amazon (AMZN), Apple (AAPL) and Microsoft (MSFT) all rose more than 2%, and Alphabet (GOOGL) ticked higher.
The earnings calendar is light today, but a handful of stocks were up after companies released quarterly results. Shares of nuclear power giant Constellation Energy (CEG) and Barrick Mining (B), one of the world’s largest gold mining companies, climbed 10% and 4%, respectively.
In other markets, WTI crude oil futures were down 4.3% recently at $86.90 per barrel, trading near their lowest levels since late August, amid hopes that tensions in the Iran war could subside. Gold futures were up 1.8% at $4,150 an ounce, while bitcoin traded at $74,700, down from weekend highs above $76,000. The yield on the 10-year Treasury, which affects interest rates on consumer loans, was unchanged from Friday’s closing level at 4.87%.
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NOVEMBER 9, 2026 AT 09:35 PM GMT
What to Expect from Tuesday’s CPI Report
A key inflation indicator that’s closely monitored by the Federal Reserve is likely to confirm that price pressures persisted in October, even as fuel prices moderated during the month.
The data, scheduled for Tuesday morning, is expected to show that consumer prices rose 3.9% in the twelve months through October, up from 3.7% the month before, according to a survey of economists by Dow Jones Newswires and The Wall Street Journal. Those same economists anticipate that so-called “core” inflation, which excludes volatile food and energy prices, rose to 2.7% from 2.6% in September.
Credit: Sophie Park / Bloomberg / Getty Images
Inflation in September came in well above expectations in large part due to a big jump in fuel prices owing to the Iran war. Fuel price pressures have eased since then, with the nationwide average price of gasoline falling from around $4.40 per gallon at the start of October to about $4.00 currently.
Numbers in line or above the levels expected by economists would keep pressure on the Fed to raise interest rates when it meets in a month. The central bank left its benchmark rate unchanged at the most recent meeting of the Federal Open Market Committee last month, after raising it in September for the first time in three years.
“In the wake of a blowout jobs report and other signs of a resilient economy, the Fed is going to have little patience with inflation,” said BeiChen Lin, Senior Investment Strategist at Russell Investments. “Even a minor surprise could seal the deal on a December hike.”
Read the full article here.
NOVEMBER 9, 2026 AT 09:35 PM GMT
Sabrina Karl: Why Even 5% CDs Are Dead to Me
Sabrina Karl, Investopedia’s personal finance guru, is always meticulously evaluating the best places to park her cash. In her latest column for Value Add, our newly launched Substack offering, she writes about the options that are more appealing to her at the moment than CDs.
Here’s a snippet from that article.
A guaranteed 5% return on money you want to keep safe is hard to ignore. So with multiple top CDs paying that much again, you might expect me to be shopping for a place to lock in.
Instead, I’m taking a pass. Not because the rates aren’t tempting. They are. But even a great rate can be the wrong move if the timing’s off—and I’m not sold on locking in for now.
If you’ve been following along, you know I’m planning for the early years of retirement for my husband and me. A big piece of that plan is building a cash reserve so we won’t be forced to sell investments to pay the bills when the market is down. My target: three years of household spending set aside by the time we leave our paychecks behind. That’s a substantial amount to hold outside the market—giving me plenty of motivation to squeeze as much interest as I can out of every dollar.
But chasing high rates is only part of the game. Getting the timing right matters, too. And right now, two places are winning my cash over CDs. One keeps me ready for the next opportunity, while the other has a window I don’t want to miss. Here’s what makes each worth considering, why the timing matters, and what I’ll be watching to guide our next moves.
The best thing about a certificate of deposit can also be its biggest drawback: Your rate is locked.
When interest rates are headed down, that’s a beautiful thing. You keep earning your promised APY while savings accounts and other variable-rate options start paying less. Nothing the Fed does can hurt the CD rate you secured.
But if rates head higher, that same guarantee can leave you watching better offers roll in while your money sits at yesterday’s rate. And the longer your CD term, the longer you could be missing out.
That’s why CDs aren’t in the running for my cash right now.
Read the full article here.
NOVEMBER 9, 2026 AT 09:35 PM GMT
CEO Investigation Rattles Nvidia Investors
The latest news out of Nvidia (NVDA) has just about everything a writer of espionage fiction could want, from high-profile corporate executives under uncomfortable scrutiny and political intrigue to affairs of the heart. Investors don’t seem to be enjoying it, though bettors may be.
Investors as of this morning were still working through two statements from the company yesterday, one in which the board said it would investigate reports that CEO Jensen Huang “has been the target of a foreign intelligence effort”—the board said it “has no reason to believe that either national security or Nvidia secrets were compromised”—and another from Huang, who acknowledged the investigation as well as marital infidelity.
The background came in the form of a raft of news reports, among them one published Oct. 31 by The Wall Street Journal that said officials in the U.S. and elsewhere were probing whether a Chinese tech executive with whom Huang was close was sharing information with China, a country viewed as a rival of the U.S. for economic and AI primacy but also a big market for America’s (and Nvidia’s) technology. Huang has become a superstar of the AI bull run, amassing massive wealth and leather-jacketed fame as Nvidia’s chips have become a central product.
“I support the investigation and will cooperate fully,” Huang’s statement read. “I love our country and our company. I am committed to protecting Nvidia and supporting America’s national security. I am proud and grateful to be an American.” President Donald Trump in a recent interview said Huang should remain CEO, saying the executive “has done an amazing job for our country,” adding that “he probably has an excuse for it.”
Prediction markets have nevertheless already jumped on the question of whether the affair might mean Huang, who has been CEO and chairman since the company was founded in 1993, vacates his seat as Nvidia CEO. On Kalshi, participants recently figured roughly 31% odds that he was out by the end of June. About 16% of Polymarket bettors think it could happen this year.
Read the full article here.
NOVEMBER 9, 2026 AT 09:35 PM GMT
Nvidia Stock Drops Amid Huang Revelations
Nvidia shares are sliding this morning as investors digest news about CEO Jensen Huang, one of the corporate world’s biggest stars and wealthiest people.
Amid a rush of recent news reporting, the chip giant over the weekend said its board had begun an investigation into assertions that Huang has “been the target of a foreign intelligence effort.” Huang in a separate statement acknowledged the investigation and confessed to marital infidelity.
Nvidia shares were down more than 6% recently, trading at their lowest level since late March. The company, which has been at the forefront of the AI boom of recent years, has seen its stock price lose roughly a quarter of its value over the past month amid concerns about a possible AI bubble.
Nvidia is due to report earnings next week.
NOVEMBER 9, 2026 AT 09:35 PM GMT
S&P 500, Nasdaq Are Riding 4-Week Losing Streaks
The stock market is off to a strong start this week after a rough stretch.
The benchmark S&P 500 and the tech-heavy Nasdaq Composite have posted weekly losses each of the past four weeks, their longest losing streaks since March. In the recent month-long slump, the S&P 500 has lost 5.6% of its value, while the Nasdaq has dropped 10.2%. Both indexes hit record highs on October 6, before their steady slide.
The Dow Jones Industrial Average, for its part, which is riding a two-week losing streak, is down less than 1% over the past four weeks.
NOVEMBER 9, 2026 AT 01:28 PM GMT
Major Index Futures Rise
Dow Jones Industrial Average futures were up 1%, or more than 500 points.
Futures tied to the benchmark S&P 500 rose 0.7%.
Tech-heavy Nasdaq 100 futures were also up 0.7%.
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