Stock Market Today: Major Indexes Rise as Market Looks to Rebound from Last Week’s Losses; Nvidia Plunges as Company Investigates CEO Huang Stephen Wisnefski Mon, November 9, 2026 at 8:28 AM EST 2 min read NVDA -4.65% ^GSPC +1.69% ^DJI +1.43% ^IXIC +2.08% AMD +8.24% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Major stock indexes are surging early Monday after last week's volatile trading, while Nvidia shares are sliding following news that raises uncertainty about the chipmaker's leadership.
The Dow Jones Industrial Average was recently up 1.1%, or nearly 600 points, while the S&P 500 and the tech-focused Nasdaq added 1.3% and 1.6%, respectively. The indexes posted steep 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 in early trading. Shares of Advanced Micro Devices (AMD) and Broadcom (AVGO) were each up more than 5%, while Intel (INTC), Micron (MU) and Marvell Technology (MRVL) all rose. The iShares Semiconductor ETF (SOXX) was up nearly 3%.
Shares of Nvidia (NVDA), the company at the center of the AI boom, bucked the trend, falling nearly 7%. 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 is the only member of the Magnificent 7 group of major tech stocks losing ground this morning. Amazon (AMZN) and Meta Platforms (META) were each up 5%, while Alphabet (GOOGL), Apple (AAPL), Microsoft (MSFT) and Tesla (TSLA) all gained more than 2%.
The earnings calendar is light today, but a handful of stocks were up after companies released quarterly results. Shares of Barrick Mining (B), one of the world's largest gold mining companies, rose 5%, while nuclear power giant Constellation Energy (CEG) tacked on 1% early Monday.
In other markets, WTI crude oil futures were down 4.4% at $86.80 per barrel, trading near their lowest levels since late August, amid hopes that tensions in the Iran war could subside. Gold futures were up 1.5% at $4,140 an ounce, while bitcoin traded at $74,600, down from weekend highs above $76,000. The yield on the 10-year Treasury, which affects interest rates on consumer loans, fell to 4.84% from 4.87% at Friday's close.
