By tradingkey.com
Publication Date: 2026-11-11 00:49:00
TradingKey – On November 10, the three major U.S. stock indices edged lower. U.S. October inflation data exceeded market expectations, driving Treasury yields rapidly higher and putting tech stocks under pressure, with the Nasdaq leading the declines; oil prices continued to retreat, failing to fully offset market concerns over further policy tightening by the Federal Reserve.
The Dow Jones Industrial Average fell 0.30% to 52,231.89 points; the S&P 500 Index dropped 0.38% to 7,520.93 points; and the Nasdaq Composite Index slid 0.74% to 25,065.88 points.
In terms of sectors and individual stocks, performance across the AI industry chain diverged. Nvidia (NVDA) fell 5.47%, becoming the primary drag on the S&P 500 Index; SanDisk () dropped 2.99%, and Micron (MU) fell 1.1%. However, Broadcom (AVGO) rose 3.91%, and AMD (AMD) climbed 1.3%.
In commodities, Brent crude (UKOIL) fell 0.2% to $92.01; WTI crude (USOIL) rose 0.07% to $86.43. Gold (XAUUSD) dropped 2.61% to $4,032.73 per ounce. A…
