Stocks Midday Nov. 12, 2026: Market Steadies as Nvidia Drops 5%

Wall Street shook off a rough start on Thursday, November 12, 2026. By 11:30 a.m. ET the Dow Jones Industrial Average was up 0.29% and the S&P 500 was up 0.19%, according to the Motley Fool, even as Nvidia shares tumbled after the chipmaker said CEO Jensen Huang had resigned.

Where the indexes stood

Source: Motley Fool. These are intraday numbers and will change before the 4 p.m. ET close. TipRanks described the move as stocks recovering "from their early losses," with the Nasdaq 100 roughly flat.

Nvidia falls after CEO exit

Nvidia (NVDA) said Thursday that Huang resigned as president, CEO and board member, effective immediately. Chief Financial Officer Colette Kress is now interim CEO while the board searches for a permanent replacement, and Harvey C. Jones was named the board's first-ever chair, according to the company's release.

The stock was down 5.29% at $164.54 at 12:35 p.m. ET, after touching a low of $148.80 earlier in the session, the Motley Fool said. At its worst it was down as much as 14%, TipRanks reported. Nvidia still plans to report quarterly results on Tuesday, November 17, as scheduled. Background is in our earlier Nvidia story.

Other big movers

• AMD (AMD) rose about 7%, helped in part by an upgrade from William Blair, TipRanks said.
• Broadcom (AVGO) gained 5.4%, according to TipRanks.
• Nebius (NBIS) fell roughly 16%, TipRanks said, after it trimmed the top of its 2026 revenue forecast. See our Nebius earnings story.

Oil, gold and rates

Brent crude rose 1.14% to $93.82 a barrel and U.S. crude gained 0.32% to $86.81, TipRanks reported, after President Donald Trump said the U.S. did not need a deal with Iran. The 10-year Treasury yield hovered near 5%: the Motley Fool put it at 4.98%, while TipRanks said it climbed above 5%. Gold was down 3.05% at $3,878.30, according to the Motley Fool.

On the economic front, weekly jobless claims rose to 200,000, Yahoo Finance reported. Our jobless claims story has the details.

What it means for investors

Nvidia is one of the biggest companies in the S&P 500 and the Nasdaq, so news about it can move index funds that many people hold in a 401(k). Today's steady indexes show that other stocks can offset a single big loser. If you are thinking of buying a stock on a volatile day, a limit order lets you cap the price you pay; our guide to types of stock orders explains how. Our guide to market cap shows why the largest companies carry so much weight in an index.

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