At eleven fifty Eastern, the S and P 500 rose 2.1% as falling oil fueled a broad rebound despite Nvidia's 5.4% slide.
CAMS Midday Market Check.
Monday, November 9, 2026.
Good afternoon.
At eleven fifty Eastern, the S and P 500 rose 2.1% as falling oil fueled a broad rebound despite Nvidia's 5.4% slide.
The Nasdaq gained 2.5%, and the Dow added 1.9%.
Q Q Q rose 3.1%, while the semiconductor fund S M H gained 4.4%.
Technology advanced 3.2%, compared with a 0.4% gain for consumer staples.
Advancers outnumbered decliners by more than three to one on both Nasdaq and the New York Stock Exchange, and advancing volume led.
New lows still exceeded new highs on both exchanges.
The rebound has not repaired all of last week's damage.
The V I X fell near 20.6 after Friday's 25.64 close.
West Texas Intermediate fell 3.4% to about $88 as hopes for Iran talks improved, although shipping attacks and the lack of a full agreement kept the energy path unsettled.
The 10-year Treasury yield was near 4.9%, while the dollar index fell 0.4%.
Gold gained 1.2% to about $4,125.
The New York Fed said one-year inflation expectations held at 3.9%, while the chance of higher unemployment reached 45.3%.
The Consumer Price Index arrives Tuesday at eight thirty Eastern.
Today's rebound is broad, but elevated rates, unresolved geopolitical risk and stress in A I financing still argue against calling the reset complete.
Market analysis, not personalized investment advice.
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