US Close 9 November 2026: S&P 500 +2.35%, Nasdaq +2.74% as Chip Stocks Rebound and Oil Falls; Nvidia -4.27%

S&P 500 close: 7,549.94 (+2.35%) Breadth: 418 advancers / 80 decliners Sentiment: bullish

The S&P 500 closed at 7,549.94 on 9 November 2026, up 173.08 points or 2.35%, as chip stocks recovered from Thursday's sell-off and oil fell after President Trump said the US was unlikely to renew attacks on Iran while talks progress, per Benzinga. NVDA.US fell 4.27% to $178.67 after Nvidia's board opened an independent investigation into chief executive Jensen Huang, while AMD.US rose 13.26% after an Oppenheimer upgrade, per Yahoo Finance. December WTI fell 4.25% to $86.97 and Brent 5.60% to $92.81, and October CPI is due at 8:30am ET on Tuesday.

What moved the index

The S&P 500 gained 235 bps on 9 November 2026; chip stocks outside Nvidia and six of the largest tech companies together added about 156 bps.

• Chip stocks, Nvidia excluded: AVGO.US +8.78% at about 2.5% of the index, worth about 22 bps; AMD.US +13.26% added about 18 bps and MU.US +6.25% about 8 bps. AMAT.US +11.37%, LRCX.US +10.41%, KLAC.US +9.31%, TXN.US +6.62%, ADI.US +8.55%, MRVL.US +9.49%, INTC.US +5.49% and QCOM.US +3.66% added about 24 bps more. SOXX.US rose 7.49% after it lost more than 12% on Thursday, per Benzinga.
• AAPL.US, MSFT.US, AMZN.US, META.US, TSLA.US and Alphabet: +2.43%, +2.75%, +2.94%, +5.12% and +5.54%, with GOOGL.US +1.18%; together worth about 84 bps. Alphabet announced two new tensor processing unit chips on Monday, per Bloomberg.
• Industrials: XLI.US +3.82% at about 8% of the index, worth about 31 bps. CAT.US +7.21% led the Dow as power and building names linked to AI data centers recovered, per Benzinga.
• NVDA.US: -4.27% at about 7% of the index, worth about -30 bps. The stock fell about 8% early before it trimmed the loss, per Yahoo Finance.

Together, these drivers sum to about 157 bps of the 235 bps move. XLF.US +1.45% at about 13% of the index added about 19 bps and LLY.US +4.28% about 9 bps; the remaining gap reflects 418 advancers against 80 decliners. RSP.US, the equal-weight S&P 500 fund, rose 2.27%, 8 bps behind the index.

Session highlights

The S&P 500 opened at 7,422.24 on 9 November 2026, which was also the session low, rose to 7,577.39 and closed 27.45 points below that high.

• 25,253.14 was the Nasdaq Composite close, up 673.72 points or 2.74%. The Dow rose 1,104.02 points or 2.15% to 52,389.75, and the Russell 2000 rose 3.15% to 2,840.81.
• 19.92 was the VIX close, down 22.31% from 25.64 on Friday.
• $86.97 was December WTI, down 4.25%; Brent fell 5.60% to $92.81. UAL.US +6.78% and DAL.US +5.28% on lower fuel costs, while XOM.US -0.69% and CVX.US -0.86%.
• 4.864% was the 10-year Treasury yield, up 0.5 bps. DXY -0.61% to 101.67, December gold +1.77% to $4,147.10 and silver +2.62% to $53.31.
• 3.91% was one-year inflation expectations in the New York Fed's October consumer survey, from 3.90% in September; three-year expectations rose to 3.29% from 3.25%, per Benzinga.

Sector scorecard

XLI.US led the SPDR sector funds on 9 November 2026 at +3.82%, and all 11 closed higher; XLE.US gained least at +0.52%.

• Best: Industrials, XLI.US (+3.82%)
• Worst: Energy, XLE.US (+0.52%)
• Dispersion (best minus worst): 3.30 pts
• Also higher: XLK.US +3.73%, XLY.US +2.92%, XLC.US +2.45%, XLV.US +1.91%, XLB.US +1.91%, XLU.US +1.53%, XLF.US +1.45%, XLRE.US +1.45%, XLP.US +0.90%
• SMH.US +5.05% and SOXX.US +7.49%, against NVDA.US -4.27%

Top movers

FRVO.US led the names above a $2 billion market value on 9 November 2026 at +26.09%, and IONS.US fell furthest at -21.36%.

FRVO.US cited about $11.9 billion of value in its contracted power deals, per Benzinga. CECO.US opened at $61.01 and closed at $52.00. AGLT.US began trading on Nasdaq on 5 November after its merger with Churchill Capital Corp XI.

After-hours earnings

• RKLB.US closed +10.91% at $58.86 before Rocket Lab reported third-quarter revenue of $267.8 million against $257.2 million expected and a loss of 12 cents a share against 7 cents expected, per 24/7 Wall St. Rocket Lab guided fourth-quarter revenue to $270 million to $290 million, and shares were initially up 1% after the report, per the same source.
• TTD.US closed +15.47% at $14.93 before The Trade Desk reported third-quarter revenue of about $736 million, flat on a year earlier, against $651.4 million expected, per Benzinga and 24/7 Wall St. Quarterly profit fell to $38 million from $116 million, and The Trade Desk guided fourth-quarter revenue to at least $755 million, per StockTitan.
• ASTS.US closed +14.10% at $36.89 ahead of its own after-close report, after AST SpaceMobile formed a joint venture with Rakuten to build a satellite-to-phone network in Japan, per Benzinga.

Notable announcements

• NVDA.US: Nvidia's board said independent directors and outside counsel would investigate reports that Huang was targeted by foreign intelligence, and that it has no reason to believe trade secrets or national security were compromised, per Benzinga. Nvidia reports third-quarter results on 17 November.
• AMD.US: Oppenheimer upgraded the stock, per Yahoo Finance; the shares closed at $508.58, up 13.26%.

Next session catalysts (ET)

• Tue 10 Nov 8:30am: October CPI. Economists surveyed by Bloomberg expect a 0.3% monthly rise and 0.2% for core, from 0.6% and 0.3% in September, per Yahoo Finance.
• Thu 12 Nov: QXO full third-quarter results, per Benzinga.
• Tue 17 Nov: Nvidia third-quarter results.

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