Markets News, Nov. 9, 2026: Dow Climbs 1,100 Points as Stocks Rebound from Last Week’s AI Sell-Off; Nvidia Sinks Amid CEO Probe

What to Expect from Tuesday’s CPI Report

FROM 5 hr 41 min ago

A key inflation indicator that’s closely monitored by the Federal Reserve is likely to confirm that price pressures persisted in October, even as fuel prices moderated during the month.

The data, scheduled for Tuesday morning, is expected to show that consumer prices rose 3.9% in the twelve months through October, up from 3.7% the month before, according to a survey of economists by Dow Jones Newswires and The Wall Street Journal. Those same economists anticipate that so-called “core” inflation, which excludes volatile food and energy prices, rose to 2.7% from 2.6% in September. 

Inflation in September came in well above expectations in large part due to a big jump in fuel prices owing to the Iran war. Fuel price pressures have eased since then, with the nationwide average price of gasoline falling from around $4.40 per gallon at the start of October to about $4.00 currently.

Numbers in line or above the levels expected by economists would keep pressure on the Fed to raise interest rates when it meets in a month. The central bank left its benchmark rate unchanged at the most recent meeting of the Federal Open Market Committee last month, after raising it in September for the first time in three years. 

“In the wake of a blowout jobs report and other signs of a resilient economy, the Fed is going to have little patience with inflation,” said BeiChen Lin, Senior Investment Strategist at Russell Investments. “Even a minor surprise could seal the deal on a December hike.”

Read the full article here.

Sabrina Karl: Why Even 5% CDs Are Dead to Me

FROM 5 hr 41 min ago

Sabrina Karl, Investopedia’s personal finance guru, is always meticulously evaluating the best places to park her cash. In her latest column for Value Add, our newly launched Substack offering, she writes about the options that are more appealing to her at the moment than CDs.

Here’s a snippet from that article.

A guaranteed 5% return on money you want to keep safe is hard to ignore. So with multiple top CDs paying that much again, you might expect me to be shopping for a place to lock in.

Instead, I’m taking a pass. Not because the rates aren’t tempting. They are. But even a great rate can be the wrong move if the timing’s off—and I’m not sold on locking in for now.

If you’ve been following along, you know I’m planning for the early years of retirement for my husband and me. A big piece of that plan is building a cash reserve so we won’t be forced to sell investments to pay the bills when the market is down. My target: three years of household spending set aside by the time we leave our paychecks behind. That’s a substantial amount to hold outside the market—giving me plenty of motivation to squeeze as much interest as I can out of every dollar.

But chasing high rates is only part of the game. Getting the timing right matters, too. And right now, two places are winning my cash over CDs. One keeps me ready for the next opportunity, while the other has a window I don’t want to miss. Here’s what makes each worth considering, why the timing matters, and what I’ll be watching to guide our next moves.

The best thing about a certificate of deposit can also be its biggest drawback: Your rate is locked.

When interest rates are headed down, that’s a beautiful thing. You keep earning your promised APY while savings accounts and other variable-rate options start paying less. Nothing the Fed does can hurt the CD rate you secured.

But if rates head higher, that same guarantee can leave you watching better offers roll in while your money sits at yesterday’s rate. And the longer your CD term, the longer you could be missing out.

That’s why CDs aren’t in the running for my cash right now.

Read the full article here.

CEO Investigation Rattles Nvidia Investors

FROM 5 hr 41 min ago

The latest news out of Nvidia (NVDA) has just about everything a writer of espionage fiction could want, from high-profile corporate executives under uncomfortable scrutiny and political intrigue to affairs of the heart. Investors don’t seem to be enjoying it, though bettors may be.

Investors as of this morning were still working through two statements from the company yesterday, one in which the board said it would investigate reports that CEO Jensen Huang “has been the target of a foreign intelligence effort”—the board said it “has no reason to believe that either national security or Nvidia secrets were compromised”—and another from Huang, who acknowledged the investigation as well as marital infidelity.

The background came in the form of a raft of news reports, among them one published Oct. 31 by The Wall Street Journal that said officials in the U.S. and elsewhere were probing whether a Chinese tech executive with whom Huang was close was sharing information with China, a country viewed as a rival of the U.S. for economic and AI primacy but also a big market for America’s (and Nvidia’s) technology. Huang has become a superstar of the AI bull run, amassing massive wealth and leather-jacketed fame as Nvidia’s chips have become a central product.

“I support the investigation and will cooperate fully,” Huang’s statement read. “I love our country and our company. I am committed to protecting Nvidia and supporting America’s national security. I am proud and grateful to be an American.” President Donald Trump in a recent interview said Huang should remain CEO, saying the executive “has done an amazing job for our country,” adding that “he probably has an excuse for it.”

Prediction markets have nevertheless already jumped on the question of whether the affair might mean Huang, who has been CEO and chairman since the company was founded in 1993, vacates his seat as Nvidia CEO. On Kalshi, participants recently figured roughly 31% odds that he was out by the end of June. About 16% of Polymarket bettors think it could happen this year.

Read the full article here.

–David Marino-Nachison

Nvidia Stock Drops Amid Huang Revelations

FROM 5 hr 41 min ago

Nvidia shares are sliding this morning as investors digest news about CEO Jensen Huang, one of the corporate world’s biggest stars and wealthiest people.

Amid a rush of recent news reporting, the chip giant over the weekend said its board had begun an investigation into assertions that Huang has “been the target of a foreign intelligence effort.” Huang in a separate statement acknowledged the investigation and confessed to marital infidelity.

Nvidia shares were down more than 6% recently, trading at their lowest level since late March. The company, which has been at the forefront of the AI boom of recent years, has seen its stock price lose roughly a quarter of its value over the past month amid concerns about a possible AI bubble.

Nvidia is due to report earnings next week.

S&P 500, Nasdaq Are Riding 4-Week Losing Streaks

FROM 5 hr 41 min ago

The stock market is off to a strong start this week after a rough stretch.

The benchmark S&P 500 and the tech-heavy Nasdaq Composite have posted weekly losses each of the past four weeks, their longest losing streaks since March. In the recent month-long slump, the S&P 500 has lost 5.6% of its value, while the Nasdaq has dropped 10.2%. Both indexes hit record highs on October 6, before their steady slide.

The Dow Jones Industrial Average, for its part, which is riding a two-week losing streak, is down less than 1% over the past four weeks.

Major Index Futures Rise

FROM 13 hr 47 min ago

Dow Jones Industrial Average futures were up 1%, or more than 500 points.

Futures tied to the benchmark S&P 500 rose 0.7%.

Tech-heavy Nasdaq 100 futures were also up 0.7%.