Stocks Midday Nov. 11, 2026: Nasdaq Up 2% as CoreWeave Soars 26%

Tech stocks led a rally on Wednesday, November 11, 2026. At 1:11 p.m. ET the Nasdaq Composite was up 2.14%, according to Yahoo Finance market data, as AI cloud company CoreWeave soared after its earnings report and Nvidia bounced back from a two-day slide. The S&P 500 was up 1.32% at 11:57 a.m. ET, TheStreet reported.

Where the indexes stood

These are intraday numbers and will change before the 4 p.m. ET close. At the open, the S&P 500 gained 1.05% and the Nasdaq 1.64%, while the small-cap Russell 2000 slipped 0.68%, TheStreet said.

Stocks trade normal hours on Veterans Day, but the bond market is closed, Yahoo Finance noted. Our stock market hours guide lists the full holiday schedule.

The big movers

• CoreWeave (CRWV) was up 26.08% at $61.44 as of 1:11 p.m. ET, per Yahoo Finance. The AI cloud provider raised its 2026 revenue forecast to $13 billion to $13.3 billion, from $12.4 billion to $13.2 billion, TipRanks said. Our CoreWeave earnings story has the details.
• Nvidia (NVDA) was up 4.66% at $176.66 as of 1:11 p.m. ET, according to Yahoo Finance. Its two-day sell-off on Monday and Tuesday had erased more than $430 billion in market value, TheStreet said. Before the open, Baird cut its rating on the stock to Neutral from Outperform and lowered its price target to $200 from $500, TheStreet reported.
• Micron (MU) jumped about 13.4%, TipRanks said, as memory and other chip stocks joined the rebound.
• Bloom Energy (BE) and Lumentum (LITE) were up 14.02% and 12.30% at 10:47 a.m. ET, according to TheStreet.
• Airbnb (ABNB) was down 3.42% at 10:47 a.m. ET, TheStreet said, after The Information reported that OpenAI had bought AI travel-planning platform Odessia.

Rates still in focus

The rally comes a day after a hotter-than-expected October CPI report. A December rate hike from the Fed "appears almost fully priced in," Capital.com analyst Daniela Hathorn told TheStreet. Higher rates can weigh on stock prices, especially for fast-growing tech companies whose profits lie further in the future.

For crypto, see our bitcoin ETF flows story.

What it means for investors

A big up day after a sell-off can feel like the all-clear, but intraday gains can shrink before the close, and tomorrow's moves can go either way. Rate-hike worries have not gone away. If you buy shares on a volatile day, a limit order lets you set the most you will pay. Our guide to types of stock orders explains how they work.

This article is for information only and is not investment advice.