US stock futures edged higher this morning after a hotter-than-expected inflation report pulled Wall Street lower. On Tuesday, November 10, 2026, the S&P 500 fell 0.38% to 7,520.93 and the Nasdaq Composite lost 0.74% to 25,065.87, Nvidia dropped about 5.5% for a second day, and the 10-year Treasury yield briefly rose above 5%. Asia rebounded on chip stocks: the Nikkei 225 gained 1.3% and the Kospi about 2.4% to 2.6%. Today is Veterans Day in the US: stocks trade normal hours, the bond market is closed and no major US data are due. Data cut-off: 08:00 UTC (10:00 in Bucharest). The freshest source stamp is AP (updated about 07:08 UTC), so prices may have moved since. The US cash market opens at 14:30 UTC (16:30 in Bucharest). Previous edition: Tuesday, November 10.
Tuesday’s closes and Wednesday in Asia
| Index | Close | Change on the day |
|---|---|---|
| S&P 500 (Tue) | 7,520.93 | -29.01 points (-0.38%); up about 2% on the week (AP) |
| Dow Jones Industrial Average (Tue) | 52,231.89 | -157.86 points (-0.30%) |
| Nasdaq Composite (Tue) | 25,065.87 | -187.26 points (-0.74%) (Cappnotes shows 25,065.88) |
| Russell 2000 (Tue) | 2,821.38 | -19.44 points (-0.68%) |
| STOXX Europe 600 (Tue) | 658.32 | +0.27% |
| DAX (Tue) | 26,347.45 | +0.31% |
| FTSE 100 (Tue) | 10,751.59 | -0.29% |
| CAC 40 (Tue) | 8,278.59 | +0.55% (one source; matches our arithmetic from Monday’s 8,233.30) |
| Nikkei 225 (Wed, close) | 61,248.52 to 61,248.59 | +1.3% (TradingKey and AP differ by 0.07 points) |
| Kospi (Wed, close) | 5,365.75 to 5,375.36 | +2.4% (AP) to +2.6% (TradingKey); the sources disagree |
| Taiwan Taiex (Wed) | Level not given | About +3.6% (AP) |
| Shanghai Composite (Wed) | 3,685.27 | +0.6% (AP) |
| ASX 200 (Wed) | 9,153.20 | +0.3% (AP) |
| Hang Seng (Wed, late trading) | 24,387.06 | -0.7% (AP, about 07:08 UTC; final close not confirmed) |
Sources: the US closes are from the AP table (published 00:09 UTC, November 11) and match Reuters, Eurasia Business News and Cappnotes. The week-to-date gain is AP’s. European closes are from Anadolu, with the STOXX 600, DAX and FTSE 100 confirmed by Cappnotes; the CAC 40 level is Anadolu’s only. Asian figures are from AP (updated about 07:08 UTC) and TradingKey; Taiex, Shanghai, ASX and Hang Seng are AP only. On Tuesday the Hang Seng closed at 24,557.04 (+0.44%, Cappnotes), so the 24,584.81 level in our previous edition was an intraday reading. These are market-data summaries, not official exchange data.
Rates, oil, gold and currencies
| Market | Monday close | Tuesday close | Wednesday morning |
|---|---|---|---|
| US 10-year Treasury yield | 4.87% to 4.88% | 4.98% to 4.99% (Cappnotes 4.98%; AP 4.99%); briefly above 5% | Bond market closed (Veterans Day) |
| US 2-year Treasury yield | About 4.55% | About 4.73% to 4.74% (Reuters 4.736%; Cappnotes 4.73%) | Bond market closed |
| US 30-year Treasury yield | 5.26% to 5.28% | About 5.35% (Cappnotes) | Bond market closed |
| WTI crude | $86.85 settle | $86.04 settle (-0.93%) | $86.64, +0.7% (AP) |
| Brent crude | $92.57 settle | $91.49 settle (-1.17%); briefly below $90 intraday | $92.43, +1% (AP) |
| Gold | About $4,120 to $4,150 | About $4,030 to $4,032 (Kitco spot, -2.6%; Cappnotes, -2.05%) | Not confirmed |
| Dollar index (DXY) | About 101.67 | 102.25, +0.58% (Cappnotes) | Not confirmed |
| EUR/USD | About 1.1223 | About 1.1163 (Cappnotes) | 1.1153 (AP) |
| USD/JPY | 157.91 | 158.77 (Cappnotes) | 158.85 (AP) |
| VIX | 19.92 | 19.46 (Cappnotes) | Not applicable |
| Bitcoin | About $74,700 to $74,900 | About $73,800 (Cappnotes) | Not confirmed |
Tuesday figures are from Reuters, Cappnotes, Eurasia Business News (oil settlements), Kitco (gold, 17:10 ET) and Stocktitan; Wednesday figures are from AP. Monday figures repeat our previous edition. Gold, oil and currency quotes differ by contract and time of day, so we show the spread between sources.
What moved markets
A hot inflation print. US consumer prices rose 0.4% in October against a 0.3% forecast in a Reuters poll, after 0.6% in September; core prices rose 0.3% against 0.2% expected (BLS, Reuters, Cappnotes). The BLS says energy rose 0.7%, food 0.5% and shelter 0.3%. No 12-month rate is published for October, because the BLS did not collect October 2025 prices during the shutdown, so any annual figure quoted elsewhere is an estimate.
The Fed. Governor Christopher Waller said the Fed should raise rates in December even if inflation cooled, and that a half-point move could be considered if price pressures stay high; Dallas Fed President Lorie Logan said at least two more quarter-point increases are needed; Kansas City Fed President Jeff Schmid called policy "fairly accommodative" (Reuters). The Fed held its range at 3.75% to 4.00% in October, with two policymakers favouring an increase (Kitco). The market now prices a December 8-9 rise as near certain: 88.2% for a quarter point and 11.8% for a half point on CME FedWatch (Kitco); Kalshi and Polymarket show about 86% and 11% (Cappnotes). The 2-year yield rose about 19 basis points on Reuters’ intraday reading, and the dollar index gained 0.58% while gold fell.
Wall Street. Technology was the weakest sector, down about 1.15% to 1.4% depending on the source, while financials led (Cappnotes, Reuters). Decliners outnumbered advancers about 2.3 to 1 on the NYSE (Reuters). Nvidia fell about 5.5%, or 9.6% over two sessions, after its board opened an investigation tied to press reports about its CEO; the company has reported no finding (Reuters, Stocktitan). After the bell, CoreWeave rose about 2% after beating revenue estimates (Reuters); Cappnotes reports third-quarter revenue of $3.66 billion and a raised 2026 revenue forecast of $13.0 to $13.3 billion, which we have not confirmed with the company. Costco declared a $30 per share special dividend, about $13.3 billion in total, payable December 4 to holders of record on November 24 (company 8-K). Reuters says investors expect the planned Anthropic IPO later this month to draw money from other AI stocks; reported deal figures differ between sources, so we do not quote them.
Oil. Brent settled at $91.49 and WTI at $86.04, their lowest settlements since August 31, as US officials played down imminent military action against Iran (Eurasia Business News, Reuters). Supply risks have not gone away; this morning AP has Brent up about 1% at $92.43.
Europe. The STOXX 600 and DAX rose and the FTSE 100 was the only major decliner. The DAX was up 1.40% at its high and closed at its session low after the US data (Cappnotes). The FTSE 100 fell after Bank of England Deputy Governor Clare Lombardelli said she was more hawkish than other policymakers and did not rule out consecutive hikes (Anadolu). In morning trading, banks led and Infineon jumped about 6.6% after forecasting more than 20% revenue growth in 2027 (Reuters via MarketScreener, intraday, not the close).
Asia this morning. Chip stocks led again: SK Hynix rose 5.36%, Samsung Electronics 3.44% and Kioxia 5.55% (TradingKey). South Korea’s Kosdaq jumped about 5% at midday, triggering a buy-side sidecar (investingLive). SoftBank Group reported a net loss of about 1.1 trillion yen after the US close on Tuesday and its shares ended 0.4% lower (AP). Hong Kong slipped and Shanghai gained, as shown above. US futures edged higher, without levels given (AP); we found no verified European futures level this morning.
Wednesday, November 11: what is scheduled
| Time (UTC / Bucharest / ET) | Event | Note |
|---|---|---|
| Already out | Asian closes; Costco special dividend; CoreWeave results | See above (AP, company 8-K, Reuters) |
| All day | US stocks open normal hours; bond market closed | Veterans Day; SIFMA recommends a full bond close; no major US data listed (Stocktitan, HeyGotrade) |
| 09:45 / 11:45 / 04:45 | ECB President Lagarde speaks at the Paris Peace Forum | Single source (Cappnotes) |
| Before the US open | Earnings: CGI | Consensus EPS $1.64 against $1.55 a year earlier; call at 14:00 UTC / 16:00 / 09:00 ET (Nasdaq data via Stocktitan) |
| After the US close | Earnings: Franco-Nevada, Tetra Tech, Corteva, Vylor | Consensus EPS: Franco-Nevada $1.77, Tetra Tech $0.47, Vylor -$0.44; calls on Thursday (Stocktitan) |
Earnings consensus figures are Nasdaq’s, as shown by Stocktitan; treat them as single-source and confirm with each company. The calendar of US releases is from HeyGotrade.
The next trading days
On Thursday, November 12, US weekly jobless claims are due at 08:30 ET (13:30 UTC) and Fed Governor Michael Barr speaks (HeyGotrade). Brookfield and Nebius report before the open, and Cisco (consensus EPS $1.15, revenue guidance $18.0 to $18.2 billion) and Applied Materials (consensus EPS $4.06, revenue guidance about $10.25 billion plus or minus $500 million) report after the close, with calls at 16:30 ET (Stocktitan). On Friday, November 13, US October producer prices are forecast at +0.4% on the month (FXEmpire via HeyGotrade), Vice Chair Philip Jefferson speaks, and Mitsubishi UFJ, Sumitomo Mitsui and Mizuho report half-year results (Stocktitan). The Fed’s next meeting is on December 8 to 9 (Kitco).
Sources
- AP via KSAT, Asian markets mostly gain on AI chip demand despite Wall Street’s retreat (published 04:46 UTC, updated about 07:08 UTC, November 11)
- AP via myMotherLode, How major US stock indexes fared Tuesday (00:09 UTC, November 11)
- Reuters via GV Wire, Wall St ends lower as hot inflation data, Fed comments heighten rate worries (November 10)
- BLS, Consumer Price Index release for October 2026 (8:30 ET, November 10)
- Cappnotes, Closing Look: Tuesday, November 10 (22:25 UTC, November 10)
- Anadolu, European stocks close higher except UK (November 10)
- Eurasia Business News, Stock market today, November 10 (November 11)
- Kitco, Gold, silver plunge as hotter US inflation raises prospect of larger Fed rate hike (late US trading, November 10)
- Stocktitan, The Stock Market Today, November 10 (after-hours data to 6:07 pm ET)
- TradingKey, Kospi and Nikkei (November 11)
- investingLive, Asia midday (03:23 UTC, November 11)
- Costco Wholesale, Form 8-K, special dividend (November 10)
- Stocktitan, Earnings Calendar, week of November 9 and HeyGotrade, US Market Week Ahead
All market-data summaries and commentary above are from the media and data sites listed and are labelled as such; they are not exchange or company filings, except where a company filing or the BLS is named. Press reports we could not confirm are described as reports.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Figures come from the sources listed, as of the times stated, and may be revised. Market-data summaries can differ slightly from official exchange figures. Confirm current prices with your broker. Investing involves risk, including the possible loss of capital.
