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Wall Street ended higher on Monday as falling oil prices and upcoming inflation data lifted sentiment, while Nvidia remained in focus over an investigation involving its CEO. Investors assessed third-quarter earnings results and economic data. The Nasdaq Composite, the Dow and the S&P 500 ended in positive territory.
How Did the Benchmarks Perform?
The Dow Jones Industrial Average (DJI) rose 2.2%, or 1,104.02 points, to close at 52,389.75. Twenty-five components of the 30-stock index ended in positive territory; four ended in negative territory and one remained unchanged.
The tech-heavy Nasdaq Composite advanced 2.7% to close at 25,253.14.
The S&P 500 gained 2.4% to end at 7,549.94. All 11 broad sectors of the broad-market index ended in positive territory. The Consumer Discretionary Select Sector SPDR (XLY), the Industrials Select Sector SPDR (XLI) and the Information Technology Select Sector SPDR (XLK) rose 3.1%, 3.8% and 2.9%, respectively.
The fear gauge, the CBOE Volatility Index (VIX), decreased by 22.3% to 19.92. A total of 18.98 billion shares were traded on Monday, higher than the last 20-session average of 18.72 billion. The S&P 500 posted 16 new 52-week highs and three new lows, and the Nasdaq Composite recorded 103 new highs and 164 new lows.
Oil Falls Ahead of Inflation Data
Oil prices declined sharply on Monday. U.S. West Texas Intermediate (WTI) crude futures fell 1.1% to settle at $85.93 per barrel, while Brent crude, the international benchmark, dropped 0.9% to $91.75 per barrel. Meanwhile, market participants are awaiting key inflation data for further clues about price pressures and the Federal Reserve's monetary policy outlook.
Nvidia Probe in Focus
NVIDIA Corporation (NVDA - Free Report) is under scrutiny after the company’s board launched an independent investigation into whether the CEO Jensen Huang had been targeted by a foreign intelligence service. The New York Times had reported earlier that Huang was involved with a Chinese businesswoman who was under suspicion by U.S. authorities of working on behalf of Chinese intelligence. Although Nvidia stated that there was no reason to believe that U.S. national security or company secrets had been compromised by the CEO, Huang stated that he fully supported the investigation and would continue to lead the company.
Q3 Earnings Results
Constellation Energy Corporation reported third-quarter 2026 adjusted earnings per share of $5.06 per share, beating the Zacks Consensus Estimate of $ 3.9 per share. Total revenues of $9.55 billion beat the consensus mark by 11.53% and decreased $6.57 billion year over year.
Barrick Mining Corporation reported third-quarter 2026 adjusted earnings per share of $0.82, beating the Zacks Consensus Estimate of $0.74 per share. Total revenues of $5.07 billion missed the consensus estimate by 0.18% compared with $4.15 billion in the year-ago quarter.
RB Global, Inc. reported third-quarter 2026 adjusted earnings per share of $1.03 per share, beating the Zacks Consensus Estimate of $ 0.99 per share. Total revenues of $1.27 billion beat the consensus mark by 8.85% and decreased $1.09 billion year over year.
The U.S. Census Bureau reported wholesale inventories for September had risen 0.7%, after the increase for August was revised up to 0.6% from the previously reported 0.5%.
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Stock Market News for Nov 10, 2026
Wall Street ended higher on Monday as falling oil prices and upcoming inflation data lifted sentiment, while Nvidia remained in focus over an investigation involving its CEO. Investors assessed third-quarter earnings results and economic data. The Nasdaq Composite, the Dow and the S&P 500 ended in positive territory.
How Did the Benchmarks Perform?
The Dow Jones Industrial Average (DJI) rose 2.2%, or 1,104.02 points, to close at 52,389.75. Twenty-five components of the 30-stock index ended in positive territory; four ended in negative territory and one remained unchanged.
The tech-heavy Nasdaq Composite advanced 2.7% to close at 25,253.14.
The S&P 500 gained 2.4% to end at 7,549.94. All 11 broad sectors of the broad-market index ended in positive territory. The Consumer Discretionary Select Sector SPDR (XLY), the Industrials Select Sector SPDR (XLI) and the Information Technology Select Sector SPDR (XLK) rose 3.1%, 3.8% and 2.9%, respectively.
The fear gauge, the CBOE Volatility Index (VIX), decreased by 22.3% to 19.92. A total of 18.98 billion shares were traded on Monday, higher than the last 20-session average of 18.72 billion. The S&P 500 posted 16 new 52-week highs and three new lows, and the Nasdaq Composite recorded 103 new highs and 164 new lows.
Oil Falls Ahead of Inflation Data
Oil prices declined sharply on Monday. U.S. West Texas Intermediate (WTI) crude futures fell 1.1% to settle at $85.93 per barrel, while Brent crude, the international benchmark, dropped 0.9% to $91.75 per barrel. Meanwhile, market participants are awaiting key inflation data for further clues about price pressures and the Federal Reserve's monetary policy outlook.
Nvidia Probe in Focus
NVIDIA Corporation (NVDA - Free Report) is under scrutiny after the company’s board launched an independent investigation into whether the CEO Jensen Huang had been targeted by a foreign intelligence service. The New York Times had reported earlier that Huang was involved with a Chinese businesswoman who was under suspicion by U.S. authorities of working on behalf of Chinese intelligence. Although Nvidia stated that there was no reason to believe that U.S. national security or company secrets had been compromised by the CEO, Huang stated that he fully supported the investigation and would continue to lead the company.
Q3 Earnings Results
Constellation Energy Corporation reported third-quarter 2026 adjusted earnings per share of $5.06 per share, beating the Zacks Consensus Estimate of $ 3.9 per share. Total revenues of $9.55 billion beat the consensus mark by 11.53% and decreased $6.57 billion year over year.
Barrick Mining Corporation reported third-quarter 2026 adjusted earnings per share of $0.82, beating the Zacks Consensus Estimate of $0.74 per share. Total revenues of $5.07 billion missed the consensus estimate by 0.18% compared with $4.15 billion in the year-ago quarter.
RB Global, Inc. reported third-quarter 2026 adjusted earnings per share of $1.03 per share, beating the Zacks Consensus Estimate of $ 0.99 per share. Total revenues of $1.27 billion beat the consensus mark by 8.85% and decreased $1.09 billion year over year.
Consequently, the stock prices of Constellation Energy Corporation (CEG - Free Report) , Barrick Mining Corporation (B - Free Report) and RB Global, Inc. (RBA - Free Report) rose 10.5%, 4.2% and 2.4%, respectively. Each of the three stocks currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Economic Data
The U.S. Census Bureau reported wholesale inventories for September had risen 0.7%, after the increase for August was revised up to 0.6% from the previously reported 0.5%.