Market Wrap: Monday, November 9, 2026 — S&P 500, Nasdaq & Dow Jones

U.S. equity markets staged a robust recovery today, characterized by a broad-based risk-on rally that saw all three major indices post significant gains. The Nasdaq Composite led the charge with a 2.74% increase, followed by the S&P 500 at 2.35% and the Dow Jones Industrial Average, which climbed 2.15%. This session served as a sharp reversal to the recent volatility and "bruising" week for artificial intelligence stocks, which had previously seen the Nasdaq tumble into correction territory and the Dow suffer massive single-day drops of up to 1,800 points.

The primary driver of today's rebound was a resurgence in the AI tech trade, which helped offset specific headwinds within the semiconductor sector. While Nvidia shares continued to slide amid news of a probe into an affair involving CEO Jensen Huang, broader market buyers stepped in to lift the indices. This recovery follows a period of intense turbulence marked by rising Treasury yields, worsening inflation data, and significant selloffs that had previously threatened to derail market momentum. Despite the localized weakness in Nvidia, the strength in the Nasdaq and S&P 500 suggests a broader stabilization in investor sentiment following last week's tumult.