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Stock Market Today: Nasdaq Futures Jump as Nvidia Shares Rebound, CoreWeave Soars After Earnings; Dow, S&P 500 Also Point Higher

Via Investopedia

Stock Market Today: Nasdaq Futures Jump as Nvidia Shares Rebound, CoreWeave Soars After Earnings; Dow, S&P 500 Also Point Higher Stephen Wisnefski Wed, November 11, 2026 at 8:12 AM EST 2 min read NVDA +2.43% ^IXIC -0.74% ^DJI -0.30% CRWV +14.75% 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.

The Nasdaq is poised to open sharply higher Wednesday as Nvidia bounces back from heavy recent losses, while strong results from CoreWeave help restore confidence in the AI trade.

Nasdaq futures were up 1.9% recently, while futures tied to the benchmark S&P 500 and the Dow Jones Industrial Average rose 0.9% and 0.2%, respectively. Each of the major indexes closed lower yesterday after a hotter-than-expected inflation report reinforced expectations that the Federal Reserve will raise interest rates next month. The U.S. stock market has endured a particularly volatile stretch in the week since Democrats' decisive victory in the midterm elections, which sparked investor concerns that AI development could stall under new leadership in Washington and key statehouses.

Shares of Nvidia (NVDA), the chipmaker at the forefront of the AI boom that has been the catalyst for record stock market gains in recent years, were up nearly 4% in recent premarket trading. The stock fell nearly 10% over the past two sessions following news that its CEO, Jensen Huang, is being investigated by Nvidia's board over his relationship with a woman alleged to be a Chinese spy.

Widely held chip stocks are higher across the board this morning. Marvell Technology (MRVL) was up nearly 9% recently, while Advanced Micro Devices (AMD), Intel (INTC) and Micron (MU) each rose more than 5%, and Broadcom (AVGO) climbed 4%. The iShares Semiconductor ETF (SOXX) was up 5%.

Meanwhile, shares of CoreWeave (CRWV), another AI investor favorite, jumped 14% after the cloud computing provider reported strong quarterly results and boosted its guidance.

In other markets, WTI crude oil futures were up 1.6% at $87.40 per barrel, while gold futures added 0.5% to $4,050 an ounce. Bitcoin was little-changed from yesterday afternoon's levels, trading at $73,700, near a three-month low.

The bond market is closed Wednesday in observance of Veterans Day.

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Futures tied to the tech-heavy Nasdaq 100 were up 1.9% recently.

Dow Jones Industrial Average futures were up 0.2%.

Read original at Yahoo Finance News

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