Stock Market Today (Nov. 11, 2026): Chip Stocks Lift Nasdaq Futures

Tech stocks were set to bounce on Wednesday, November 11, 2026, after a strong report from AI cloud company CoreWeave eased worries about AI spending. At 5:04 a.m. ET, Nasdaq 100 futures were up 1.67% and S&P 500 futures were up 0.74%, while Dow futures were nearly flat, according to Reuters.

Where futures stood

Source: Reuters. Premarket prices can change a lot before the 9:30 a.m. ET open.

The bounce follows a losing session. Stocks closed lower on Tuesday after October's inflation numbers came in hotter than expected, TheStreet said. Our Tuesday market close story has the full closing numbers.

Open for stocks, closed for bonds

Veterans Day is not a stock market holiday. The NYSE and Nasdaq trade on their normal schedule, but the bond market is closed, according to Kiplinger's 2026 holiday calendar. Reuters also noted the U.S. bond market was shut on Wednesday. Since the Federal Reserve observes Veterans Day, many banks are shut as well, TheStreet noted. Our guide to stock market hours lists the full trading schedule.

Premarket movers

• CoreWeave (CRWV) jumped more than 10% before the bell, Reuters said. CoreWeave now expects to reach adjusted profitability in the first half of 2028, Reuters said, and it lifted its 2026 revenue forecast to $13 billion to $13.3 billion, according to Investing.com. See our CoreWeave earnings story.
• Nvidia (NVDA) gained 4% before the open. Its two-day slide on Monday and Tuesday had erased roughly $480 billion of stock market value, Reuters said. Nvidia reports its quarterly results on Tuesday, November 17, with a call at 5 p.m. ET, the company said.
• Micron (MU) and Marvell Technology (MRVL) were each up nearly 7%, Reuters said, as other chip stocks joined the rebound.
• Costco (COST) declared a $30-per-share special cash dividend on Tuesday, payable December 4 to shareholders of record on November 24, the company said.

Rates, oil and crypto

A December rate increase from the Fed is now fully expected by traders, Reuters reported, and the CME FedWatch tool showed 11.5% odds that the hike could be half a percentage point. Tuesday's October CPI report drove those bets higher.

Oil rose. Early Wednesday, U.S. crude (WTI) was up 0.67% at $86.62 a barrel and Brent was up 1.32% at $92.70, TheStreet said. Bitcoin was around $74,000, CoinDesk reported at 6:37 a.m. ET, as spot bitcoin ETF outflows ran to a fourth day. Read more in our bitcoin ETF flows story.

What it means for investors

A big premarket jump does not guarantee a strong close, and early gains can fade once regular trading starts. If you trade at the open, a limit order lets you set the most you will pay. For long-term investors, one day's bounce matters less than the bigger questions of rates and AI spending.

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