US Close 10 November 2026: S&P 500 -0.38% as Hot CPI Lifts the 10-Year Yield to 4.98%; Nvidia -5.47%
S&P 500 close: 7,520.93 (-0.38%) Breadth: 230 advancers / 265 decliners Sentiment: bearish
The S&P 500 closed at 7,520.93 on 10 November 2026, down 29.01 points or 0.38%, after October CPI rose 0.4% against a 0.3% forecast and the 10-year Treasury yield climbed 11.9 bps to 4.983%. NVDA.US fell 5.47% to $168.89, a second day lower as Nvidia's board investigates chief executive Jensen Huang, per Yahoo Finance. Fed Governor Christopher Waller said he is leaning toward a 25 bp hike at the December meeting and that 50 bp should be considered, per Yahoo Finance.
What moved the index
The S&P 500 lost 38 bps on 10 November 2026; NVDA.US alone took about 36 bps, while the equal-weight RSP.US fell 0.03%.
- NVDA.US: -5.47% at about 6.6% of the index, worth about -36 bps. The stock is down about 10% over two sessions, per Yahoo Finance, which tied Tuesday's drop to the CPI print and the board probe.
- MSFT.US and AAPL.US: -2.20% and -0.62%, together about -17 bps. Microsoft fell after Anthropic announced Claude workplace tools that compete with Office, per CNBC.
- AVGO.US and AMZN.US: +3.91% and +1.48%, together worth about +17 bps. Goldman Sachs named Broadcom among its top chip picks in oversold territory, per Yahoo Finance.
- LLY.US and BRK-B.US: +1.44% and +1.41%, together about +6 bps.
Together, these drivers sum to about -30 bps of the -38 bps move; the residual reflects 265 decliners against 230 advancers and a 1.15% drop in XLK.US. The 35 bps gap between RSP.US and the S&P 500 puts the loss in the largest technology stocks.
Session highlights
The S&P 500 opened at 7,513.09 on 10 November 2026, fell to a session low of 7,470.43, reached 7,543.92 and closed 22.99 points below that high.
- 25,065.88 was the Nasdaq Composite close, down 187.26 points or 0.74%. The Dow fell 157.86 points or 0.30% to 52,231.89, and the Russell 2000 fell 0.68% to 2,821.38.
- 0.3% was October core CPI, against a 0.2% forecast, per CNBC; BLS put shelter at +0.3%, energy +0.7% and food +0.5% for the month. BLS published no 12-month changes because it never collected October 2025 data.
- 5.021% was the 10-year yield's session high before it settled at 4.983%. The 30-year rose 9.4 bps to 5.35% and DXY rose 0.58% to 102.24.
- $4,039.50 was December gold, down 1.82%, with silver -2.23% to $51.52. NEM.US fell 4.15%, AEM.US 5.15%, B.US 6.10% and GFI.US 7.04%.
- 19.46 was the VIX close, down 2.31% after an intraday high of 21.61. Bitcoin fell 1.38% to $73,892; MSTR.US -3.60% and COIN.US -2.92%.
Sector scorecard
XLF.US led the SPDR sector funds on 10 November 2026 at +0.52%, and XLK.US fell most at -1.15%; six funds closed higher and five lower.
- Best: Financials, XLF.US (+0.52%)
- Worst: Technology, XLK.US (-1.15%)
- Dispersion (best minus worst): 1.67 pts
- Also higher: XLE.US +0.44%, XLC.US +0.37%, XLV.US +0.29%, XLP.US +0.15%, XLY.US +0.03%. Also lower: XLB.US -0.17%, XLU.US -0.14%, XLRE.US -0.13%, XLI.US -0.09%
- SMH.US -0.78% and SOXX.US -0.12%, with TSM.US +2.02%, AMD.US +1.30% and MU.US -1.10%
Top movers
ACAD.US led the names above a $2 billion market value on 10 November 2026 at +10.79%, and HIMS.US fell furthest at -16.61%.
| Ticker | Move | Reason |
|---|---|---|
| ACAD.US | +10.79% | Unannounced, likely flow-driven. |
| TTWO.US | +8.31% | Q3 bookings guide $3.35 billion to $3.50 billion; GTA VI launch ahead |
| RKLB.US | +6.54% | Q3 revenue $268 million beat; Q4 guide $270 million to $290 million |
| CVS.US | +4.41% | Unannounced, likely flow-driven. |
| EQT.US | +4.19% | Unannounced, likely flow-driven. |
| HIMS.US | -16.61% | Q4 revenue guide $875 million to $895 million, below $955.1 million expected |
| IONS.US | -9.06% | Second day lower after cutting its 2026 Tryngolza sales forecast |
| DPC.US | -8.68% | Unannounced, likely flow-driven. |
| ASTS.US | -8.67% | Fell after third-quarter results released after Monday's close |
| SKYD.US | -7.59% | Unannounced, likely flow-driven. |
RKLB.US reported a third-quarter loss of 12 cents a share against 7 cents expected and fell about 5% after hours on Monday, per Investing.com, before it closed 6.54% higher at $62.71. HIMS.US reported a loss of 14 cents a share against an expected 6-cent profit, and its gross margin fell to 57% from 74%, per Yahoo Finance.
After-hours earnings
- CRWV.US closed -0.51% at $48.73 before CoreWeave reported third-quarter revenue of $3.66 billion against $3.55 billion expected and an adjusted loss of 95 cents a share against $1.16 expected, per Benzinga. CoreWeave raised its 2026 revenue guidance to $13.0 billion to $13.3 billion from $12.4 billion to $13.2 billion and put its backlog at $132.5 billion. Shares were up 2.20% in after-hours trading at $49.80, per Benzinga.
- TTD.US closed +3.28% at $15.42, after The Trade Desk rose 23% in Monday's after-hours session on its third-quarter beat, per Investing.com. The stock traded at $13.94, down 7%, on Tuesday morning, per 24/7 Wall St.
Notable announcements
- Fed: Dallas Fed President Lorie Logan said the Fed needs at least two more quarter-point increases, and Kansas City Fed President Jeff Schmid called policy "fairly accommodative", per Yahoo Finance.
- ONON.US: -7.54% after a direct-to-consumer sales miss, per CNBC.
- SANM.US: +3.87% to $155.43 after a fiscal 2027 outlook above estimates, per Yahoo Finance.
- Anthropic: The company set its IPO at 825 million shares priced at $70 to $78, per CNBC.
Next session catalysts (ET)
- Wed 11 Nov: Veterans Day federal holiday, per the BLS release schedule.
- Thu 12 Nov: QXO full third-quarter results, per Benzinga.
- Fri 13 Nov 8:30am: October PPI, per the BLS release schedule.
- Tue 17 Nov: Nvidia third-quarter results.
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