US stock futures slipped this morning after Nvidia fell about 8.6% in extended trading on a report that its board may remove its chief executive. On Wednesday, November 11, 2026, the S&P 500 rose 1.31% to 7,619.38 and the Nasdaq Composite gained 1.60% to 25,466.19 as CoreWeave’s results and outlook lifted AI and chip stocks, while Europe’s STOXX 600 closed at a record. Asia fell this morning, led by a 2.6% drop in Taiwan’s Taiex. S&P 500 e-mini futures were down about 0.5% (Reuters). Data cut-off: 07:30 UTC (09:30 in Bucharest). The freshest source stamp is AP (updated about 07:10 UTC), so prices may have moved since. The US cash market opens at 14:30 UTC (16:30 in Bucharest). Previous edition: Wednesday, November 11.
Wednesday’s closes and Thursday in Asia
| Index | Close | Change on the day |
|---|---|---|
| S&P 500 (Wed) | 7,619.38 | +98.45 points (+1.31%) |
| Dow Jones Industrial Average (Wed) | 52,486.49 | +254.60 points (+0.49%) |
| Nasdaq Composite (Wed) | 25,466.19 | +400.31 points (+1.60%) |
| Russell 2000 (Wed) | 2,846.26 | +24.89 points (+0.88%) |
| STOXX Europe 600 (Wed) | 663.05 | +0.72%; record close (Reuters) |
| DAX (Wed) | 26,662.77 | +1.20% (+315.32 points); record close |
| FTSE 100 (Wed) | 10,835.47 | +0.78% (+83.88 points) |
| CAC 40 (Wed) | About 8,332.87 | +0.66% (+54.28 points); level is our arithmetic from Tuesday’s 8,278.59 |
| Nikkei 225 (Thu, close) | 60,798.84 | -0.71% (Investing.com close; AP level) |
| Kospi (Thu) | 5,364.26 | -0.2% (AP); Reuters had -0.9% earlier in the session |
| Taiwan Taiex (Thu) | Level not given | -2.6% (AP, Reuters) |
| Shanghai Composite (Thu) | 3,657.03 | -0.6% (AP) |
| ASX 200 (Thu) | 9,146.80 | -0.1% (AP) |
| Hang Seng (Thu, late trading) | 24,034.38 | -1.2% (AP, about 07:10 UTC; final close not confirmed) |
Sources: the US closes are from AP (La Nacion table) and match Cappnotes and TechFlow; the Russell 2000 change is 0.88% by our arithmetic and Cappnotes (AP rounds to 0.9%). European closes: STOXX 600 from Reuters via MarketScreener and Cappnotes; DAX and FTSE 100 from Panthere Group and Cappnotes; the CAC 40 change is Panthere’s only. Asia: AP, with the Nikkei percentage confirmed by Investing.com; the other Asian figures are AP only. Our previous edition showed a Shanghai level of 3,685.27, which would imply a fall of about 0.8% today; we show AP’s -0.6%. These are market-data summaries, not official exchange data.
Rates, oil, gold and currencies
| Market | Tuesday close | Wednesday close | Thursday morning |
|---|---|---|---|
| US 10-year Treasury yield | 4.98% to 4.99% | Bond market closed (Veterans Day) | 4.99% to 5.00% (Reuters) as trading resumed |
| US 2-year / 30-year yield | About 4.73% / 5.35% | Closed | Not confirmed |
| WTI crude | $86.04 settle | $86.53 (+0.57%) | $85.96 to $86.29 |
| Brent crude | $91.49 settle | $92.76 (+1.39%) | $91.87 to $92.51 |
| Gold | About $4,030 | About $3,980 to $4,000 (sources differ on the size of the fall) | About $3,980 (one source) |
| Dollar index (DXY) | 102.25 | 102.92 (+0.67%) | About 102.9 to 103.0; highest since April 9, 2025 (Reuters) |
| EUR/USD | About 1.1163 | 1.1088 | 1.1080 (AP) |
| USD/JPY | 158.77 | 159.81 | 159.78 (AP) to 159.82 |
| VIX | 19.46 | 17.49 (-10.1%) | Not applicable |
| Bitcoin | About $73,800 | About $74,440 (+1.1%) | About $73,580 (-1%, Reuters) |
Wednesday figures are from Cappnotes and TechFlow; Thursday figures are from Reuters, AP and gfxfts (07:14 CET, about 06:14 UTC). Tuesday 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
AI stocks rebound. CoreWeave jumped 24.71% to $60.77 after third-quarter revenue of $3.66 billion against a $3.55 billion consensus and a raised 2026 revenue forecast of $13.0 to $13.3 billion (TechFlow, Cappnotes; we have not confirmed the figures with the company). Every member of the Philadelphia Semiconductor index closed higher (Cappnotes). Micron rose 11.89%, Dell 11.75% and Seagate 9.99% (TechFlow). Nvidia gained 2.87% to $173.73 despite a downgrade to Neutral by Baird. The VIX fell about 10% to 17.49.
Nvidia after hours. Nvidia fell 8.61% by 7:59 p.m. ET after the Wall Street Journal reported, according to CNBC, that its board is preparing to remove CEO Jensen Huang (Stocktitan). Reuters, citing a source, said the board met on Wednesday; it reported no final decision, and we found no company statement confirming one. These are press reports. The shares had already lost nearly 10% over the previous two sessions on earlier reports about the CEO. After hours AMD rose about 4% and Broadcom about 3%, while CoreWeave gave back 6.37% (Stocktitan, TechFlow). Nvidia’s own results are reported to be due on November 17 (TechFlow, single source).
The Fed and the dollar. Fed funds futures price a 90.8% chance of a quarter-point hike and 9.2% for a half-point hike at the December 8 to 9 meeting (CME FedWatch via Reuters). The dollar index is at its highest since April 9, 2025 and has gained 1.3% over three sessions (Reuters). The yen is near the 160 per dollar level that preceded Japan’s intervention this summer; currency chief Atsushi Mimura said it was "too early to forget" that episode (gfxfts, single source).
Oil. Brent settled up 1.39% at $92.76 on Wednesday after Iran said it would not let its enriched nuclear material leave the country and kept the Strait of Hormuz closed (Cappnotes, single source). This morning Brent is lower, between $91.87 and $92.51 depending on the source, as Reuters says easing Middle East concerns reduced the risk premium. OPEC crude output rose about 1.97 million barrels a day in October to roughly 27.16 million (gfxfts, single source).
Europe. The STOXX 600 and DAX closed at records. Technology rose about 2.5%, with Siemens Energy, Soitec and Aixtron among the top gainers, while defence stocks fell after a margin cut at CSG; CSG and Rheinmetall were down 21.6% and 6.94% in Reuters’ intraday report, which may not match closing moves (MarketScreener). The FTSE 100 gained 0.78%.
Asia this morning. Chip-linked markets fell on the Nvidia report: the Taiex dropped 2.6% and the Nikkei 225 lost 0.71%, with Ibiden, Rohm and Recruit among the main decliners (Investing.com). The Kospi gave up early gains to end 0.2% lower (AP). Chinese domestic chip-design stocks rose on hopes of gaining market share (Reuters).
Company results after the close. Franco-Nevada reported third-quarter revenue of $549.3 million (+13%), adjusted net income of $364.5 million (+33%), or $1.89 per share, and 130,435 gold equivalent ounces sold (-6%); it narrowed 2026 guidance to 525,000 to 555,000 ounces and declared a US$0.44 quarterly dividend payable December 17 to holders of record on December 3 (company release). The Nasdaq consensus we saw was $1.77 per share (single source). Tetra Tech rose 8.48% after hours on a $4.67 billion backlog, and Corteva fell about 8% after updating its full-year outlook for weaker conditions in Brazil (Stocktitan).
Thursday, November 12: what is scheduled
| Time (UTC / Bucharest / ET) | Event | Note |
|---|---|---|
| Already out | Asian closes; UK third-quarter GDP; Franco-Nevada, Tetra Tech and Corteva results | UK GDP +0.7% q/q against 0.7% expected (previous 0.5%); September +0.2% m/m against 0.0% expected, August revised to 0.0% from 0.1% (ONS data via Investing.com) |
| 09:00 / 11:00 / 04:00 | ECB Economic Bulletin | Single source (gfxfts, times converted from CET) |
| 13:00 / 15:00 / 08:00 | Franco-Nevada call; Nebius and Ascendis report before the open | Consensus EPS: Nebius -$0.61 (year ago -$0.39), Ascendis $1.13 (year ago -$1.17); Brookfield Corporation reports with a call at 15:00 UTC, EPS $0.72 (year ago $0.63) (Nasdaq data via Stocktitan) |
| 13:30 / 15:30 / 08:30 | US weekly jobless claims | Consensus 194,000; previous 189,000 (gfxfts) |
| 14:00 to 16:15 / 16:00 to 18:15 / 09:00 to 11:15 | Fed speakers: Hammack, Barr, Goolsbee | Hammack 14:00 UTC, Barr 15:00, Goolsbee 16:15 (gfxfts, single source) |
| 15:00 / 17:00 / 10:00 | US existing home sales, October | Consensus 3.85 million; previous 3.99 million (Stocktitan, gfxfts) |
| 18:00 / 20:00 / 13:00 | US Treasury sells $25 billion of 30-year bonds | Single source (gfxfts) |
| 18:10 to 19:30 UTC | Fed speakers Daly and Schmid; ECB President Lagarde in Paris at 19:30 | Single source (gfxfts, times converted from CET) |
| After the US close | Earnings: Cisco, Applied Materials, Cerebras, Nu Holdings | Consensus EPS: Cisco $1.15 (year ago $0.81), revenue guidance $18.0 to $18.2 billion; Applied Materials $4.06 (year ago $2.17), revenue guidance about $10.25 billion plus or minus $500 million; Cerebras -$0.13; Nu $0.22 (year ago $0.17), time not announced. Cisco and Applied Materials calls at 21:30 UTC (16:30 ET) |
Earnings consensus figures are Nasdaq’s, as shown by Stocktitan; treat them as single-source and confirm with each company. Event times from gfxfts were converted from CET and should be checked against the issuing bodies.
The next trading days
On Friday, November 13, US October producer prices are forecast at +0.4% on the month (FXEmpire via HeyGotrade, as cited in our previous edition), Vice Chair Philip Jefferson speaks, and Mitsubishi UFJ, Sumitomo Mitsui and Mizuho report half-year results (Stocktitan). Nvidia is reported to publish its third-quarter results on Tuesday, November 17 (TechFlow, single source). The Fed’s next meeting is on December 8 to 9.
Sources
- AP via KSAT/Click2Houston, Asian shares mostly slip as Nvidia’s troubles weigh on AI stocks (published 04:11 UTC, updated about 07:10 UTC, November 12)
- Reuters via Investing.com, Asian stocks fall as Nvidia slides on reports its board may oust CEO (November 12)
- AP via La Nacion, How major US stock indexes fared Wednesday (November 11)
- Cappnotes, Closing Look: Wednesday, November 11 (page last modified 22:29 UTC, November 11)
- Stocktitan, The Stock Market Today, November 11 (updated 8:19 p.m. ET, November 11)
- TechFlow, US stocks trend (Nov. 12) (November 12)
- Reuters via MarketScreener, European shares log record close (November 11)
- Panthere Group, European markets finish broadly higher (published 18:33 UTC, November 11)
- Investing.com, Japan stocks lower at close of trade (November 12)
- Investing.com, UK Q3 GDP growth hits two-year high of 0.7% (November 12)
- gfxfts, Nvidia turmoil drags Nasdaq; yen nears intervention levels (07:14 CET, November 12)
- Franco-Nevada, Q3 2026 results press release (November 11)
- Franco-Nevada, results schedule announcement (Form 6-K) (October 13)
- Stocktitan, Earnings Calendar, week of November 9
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 release or the ONS is named. Press reports we could not confirm, including those about Nvidia’s board, 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.
