5 Things Investors Need to Know About Thursday’s Markets News of the Day for Nov. 12, 2026 Sarina Trangle Thu, November 12, 2026 at 8:24 AM EST 4 min read NVDA -8.20% CL=F -0.03% ^DJI -0.02% CSCO -0.61% AMAT -2.23% 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.
Stocks appear poised to fall in early Thursday trading based on stock futures; Nvidia shares are plummeting as the chip giant reportedly searches for candidates to replace CEO Jensen Huang; Nvidia's turmoil is weighing on stocks Nvidia has invested in and the broader market; the yield on the U.S. 10-year Treasury note is rising amid speculation of a Fed rate hike; and investors are awaiting results from Cisco and Applied Materials later today.
The major stock indexes appear likely to reverse some of yesterday's gains today. Futures tied to the Nasdaq 100 were about 1.2% lower, while those tied to the S&P 500 down 0.6%. Futures associated with the Dow Jones were up marginally. Oil prices were rising, with the global Brent Crude benchmark up about 1% to $93.74 a barrel and U.S. benchmark West Texas Intermediate fell 0.8% to a bit over $88 a barrel. Precious metal prices were declining, with gold selling for less than $4,000 a troy ounce.
Bitcoin was falling, changing hands below $73,000 according to CoinDesk. Last night index provider MSCI confirmed that it would remove some non-operating companies from certain indexes, an expected change that was weighing on shares of bitcoin buyer Strategy (MSTR) premarket.
Uncertainty about Nvidia (NVDA) leadership has pulled the company's shares down more than 8% this morning, influencing moves in assets beyond those of the chip giant. Nvidia's board convened late last night to consider ousting CEO Jensen Huang, who reportedly had extramarital affairs with a subordinate and a Chinese spy, Bloomberg reported. Nvidia, one of the most valuable companies worldwide, hired an external firm to identify potential CEO candidates, Bloomberg reported. Tesla and SpaceX chief Elon Musk said it "would be an honor" to hire the high-profile tech executive.
Nvidia's drama is weighing on segments of the stock market, with the tech-heavy Nasdaq dropping and stocks that the AI giant invested in tumbling. Shares of CoreWeave (CRWV) were recently down more than 10% after rising yesterday on earnings, while Coherent (COHR) and Lumentum Holdings (LITE) shares were off by roughly 6%. Nvidia competitor Advanced Micro Devices' (AMD) stock was recently ticking higher. Memory and data storage stocks, which have benefitted from Nvidia's rise, appeared to be generally falling, with the Roundhill Memory ETF (DRAM) recently down more than 4%.
Bond trading is back after the market closed for Veterans Day. The benchmark 10-year U.S. Treasury yield was recently near 5.02% after hitting 5.03% on Tuesday. Investors are pricing in a roughly 91% chance of a 25-basis-point rate hike, and a 9% chance of a 50 basis-point hike, according to CME Group's FedWatch tool. Members of the committee that sets the U.S. central bank's rates called for tightening monetary policy in recent speeches, and some of their colleagues on the Federal Open Market Committee are slated to speak today. The Fed next meets in early December.
Third-quarter earnings season is winding down, but a few more notable reports are due this week, with a number of companies slated to hand in quarterly results today. Networking hardware provider Cisco (CSCO) is scheduled to hand in numbers after the closing bell, with analysts polled by Visible Alpha estimating that it will report nearly $4.2 billion in profit on $18.1 billion in revenue. Analysts expect Applied Materials (AMAT) to report $10.3 billion in revenue and a $3.2 billion GAAP profit after the close, according to Visible Alpha. Shares of Cisco were recently edging lower premarket, while Applied Materials' were down 3%.
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