The Stock Market Today, November 10, 2026, Closed Lower on the Day BLS Data Show Core Prices Rising Again

8:07 p.m. ET

Closing summary: Stocks end lower on the day of a hot inflation report, and the index funds rise after hours

Stocks closed lower on Tuesday, the day October inflation came in hotter than expected, and the funds that track the major indexes rose after hours. The S&P 500 lost 0.4%, the Nasdaq Composite fell 0.7% and the Dow Jones Industrial Average declined 0.3%, CNBC reported at 4:01 p.m. ET. The QQQ fund that tracks the Nasdaq 100 was up 0.66% after hours at 7:59 p.m. ET. The funds that track the S&P 500, the Dow and the Russell 2000 also rose after hours.

In the regular session, the SPY fund that tracks the S&P 500 closed down 0.37%, and the QQQ fund closed down 0.68%. CNBC said a drop in Nvidia dragged down the indexes. PepGen closed up 92.89% after its drug trial results, and Digital Turbine closed down 35.84% following its results.

After hours, against the day's close, CoreWeave rose 7.90% at 7:59 p.m. ET after its results (CoreWeave release). Rigetti Computing fell 6.83% at 7:59 p.m. ET following its results (Rigetti release). Costco rose 1.89% at 7:56 p.m. ET after declaring its special dividend (Costco release). PepGen rose another 12.36% at 7:59 p.m. ET. After the close, it proposed a public offering of new shares to fund clinical development and general corporate purposes, its release says. The offering is not yet priced, and no shares are sold until it is. Its release says the offering uses a registration statement the SEC declared effective in May. Its final size and terms will be in the prospectus supplement PepGen files with the SEC (PepGen release).

6:08 p.m. ET

After the close, CoreWeave rises after its results and Rigetti falls following its own

After the close, CoreWeave and Rigetti reported results, and Costco declared a special dividend of $30 a share (Costco release). The funds that track the major indexes changed little. The SPY fund that tracks the S&P 500 was up 0.08% after hours at 6:04 p.m. ET.

CoreWeave, which rents out computing power for AI, rose 2.59% after hours at 6:07 p.m. ET after its results. Its third-quarter revenue rose to $3.66 billion from $1.37 billion a year earlier (CoreWeave release). Its quarter is covered in StockTitan's CoreWeave results article.

Rigetti Computing, a maker of quantum computers, fell 8.40% after hours at 6:07 p.m. ET following its results. It said its Cepheus quantum computer reached the company's accuracy goal (Rigetti release, StockTitan's Rigetti results article). Costco rose 1.58% after hours at 6:06 p.m. ET. Its dividend is covered in StockTitan's Costco dividend article.

4:28 p.m. ET

Stocks close lower on the day of a hot inflation report, and Nvidia ends down 5%

Stocks closed lower on Tuesday, with smaller losses than in the afternoon. The S&P 500 lost 0.4% and the Nasdaq Composite fell 0.7%, CNBC reported at 4:01 p.m. ET. The Dow Jones Industrial Average declined 0.3%, CNBC reported.

The SPY fund that tracks the S&P 500 closed down 0.37%. The QQQ fund that tracks the Nasdaq 100 closed down 0.68%.

Nvidia closed down 5.47% in the regular session. CNBC said Nvidia dragged down all three major indexes. Its market value briefly fell below $4 trillion during the day, CNBC reported.

PepGen closed up 92.89% after its drug trial results, and ZipRecruiter closed up 53.61% after its results. Digital Turbine closed down 35.84% following its results.

3:14 p.m. ET

Stocks trim losses in the afternoon, and Nvidia's board retains a law firm for its investigation

Stocks cut some of their losses in the afternoon. The S&P 500 was down 0.6% and the Nasdaq Composite was down 1.1%, CNBC reported at 2:36 p.m. ET. Both losses were smaller than the ones CNBC reported at midday. The Dow Jones Industrial Average was down 0.3%, CNBC reported.

AAA's national average price for regular gasoline fell below $4 a gallon on Tuesday, November 10, for the first time since July, CNBC reported at 2:36 p.m. ET. AAA's figure is a different measure from the weekly average of the U.S. Energy Information Administration, which was $3.995 a gallon for the week of November 9 (EIA gasoline update).

Nvidia was down 7.10% by 3:04 p.m. ET. At 2:07 p.m. ET, the independent members of its board said they "have retained former acting U.S. Attorney of the Southern District of New York Joon H. Kim and his firm Wachtell, Lipton, Rosen & Katz to conduct a thorough and independent investigation." That investigation was announced on Sunday, the statement said (Nvidia statement).

Ameresco, an energy infrastructure company, rose 19.49% by 3:04 p.m. ET after its results. Its project backlog rose 39% to a record $7.2 billion (Ameresco release).

ZipRecruiter extended its gain to 51.05% by 3:04 p.m. ET. PepGen gave back part of its gain but was still up 87.68%.

1:04 p.m. ET

Stocks fall further by midday, and CNBC says Nvidia's drop pulled down the major indexes

Stocks fell further by midday. The S&P 500 was down 0.9% and the Nasdaq Composite was down 1.6%, CNBC reported at 12:59 p.m. ET. The yield on the 10-year Treasury note, a government borrowing rate, rose back above 5% after the inflation report, CNBC reported.

Nvidia fell 6.34% by 1:02 p.m. ET, and CNBC said its drop pulled down all three major indexes. Its slide over the past five weeks is covered in StockTitan's Nvidia stock analysis. Microsoft dropped 3% in a sudden move after Anthropic announced new workplace tools for its Claude AI assistant that could compete with Office, CNBC reported at 12:59 p.m. ET.

Paysign, which handles payments for drugmakers and plasma centers, fell 16.87% by 1:02 p.m. ET following its results. It kept its 2026 revenue forecast. It said a customer will move the payment processing for 113 plasma centers to another provider (Paysign release). Legend Biotech, a cell therapy company, fell 16.53% by 1:02 p.m. ET following its results, in which sales of Carvykti, its blood cancer treatment, rose 36% (Legend Biotech release). Hims & Hers fell further following its results.

11:06 a.m. ET

Stocks slip further by late morning, and Hims & Hers falls following its results

Stocks fell further in the second hour of trading. By 11:02 a.m. ET, the SPY fund that tracks the S&P 500 was down 0.67%, from a 0.16% loss an hour earlier. The QQQ fund that tracks the Nasdaq 100 was down 0.83%, after a small gain an hour earlier. Dallas Fed President Lorie Logan said two more rate hikes will be needed to bring inflation down, CNBC reported. CNBC said she votes on rates this year.

Nvidia was down 4.99% by 11:02 a.m. ET, a deeper loss than an hour earlier. Hims & Hers, the online health care company, fell 15.48% by 11:02 a.m. ET following its results. It lowered its 2026 forecast for adjusted EBITDA, a profit measure (Hims & Hers release). Its quarter is covered in StockTitan's Hims & Hers results article.

Trump Media, which runs the social media platform Truth Social, rose 9.85% by 11:02 a.m. ET after its results. It said third-quarter revenue rose 205% from a year earlier to $3.0 million (Trump Media release).

10:04 a.m. ET

Stocks open lower on the day of a hot inflation report, and Nvidia falls again

Stocks opened lower after the hotter inflation report, CNBC reported. The S&P 500 fell 0.7% just after 9:30 a.m. ET, CNBC reported. By 10:02 a.m. ET, the SPY fund that tracks the S&P 500 was down 0.16%, a smaller loss than the index had at the open. The yield on the 10-year Treasury note, the rate the government pays to borrow for 10 years, rose to 4.95%, CNBC reported.

Nvidia was down 3.15% by 10:02 a.m. ET. It had closed more than 4% lower on Monday, CNBC reported. CNBC's live page, updated at 9:55 a.m. ET, said investors were weighing the fallout from a weekend email. In it, chief executive Jensen Huang told staff he had been "unfaithful" to his wife, CNBC reported. CNBC described the woman as an alleged Chinese spy.

ZipRecruiter, the online job marketplace, rose 25.87% by 10:02 a.m. ET after its results. It said quarterly revenue and adjusted EBITDA, a profit measure, came in above the top of its own forecast range (ZipRecruiter release). EquipmentShare, which rents construction equipment, fell 22.33% following its results, in which quarterly revenue rose 55% (EquipmentShare release).

9:04 a.m. ET

Stock futures turn lower on the morning of a hotter inflation report

Stock futures turned lower on the morning October's inflation report came in hotter than economists expected, CNBC reported. S&P 500 futures fell 0.5% and Nasdaq 100 futures fell 1.2%, while Dow futures were around the flatline, CNBC reported at 8:58 a.m. ET.

Core prices, without food and energy, rose 0.3% in October, as they did in September and August, the Bureau of Labor Statistics said. The overall index rose 0.4% (BLS release). Both were above what economists polled by Dow Jones expected, CNBC reported. Waller had said a core reading around that level means a half-point hike should be considered in December (Federal Reserve). What drove the rise is in StockTitan's October CPI report article.

Ethan Allen, the furniture maker, fell 16.07% by 8:49 a.m. ET after it named an interim chief executive. It said longtime chief Farooq Kathwari is no longer with the company (Ethan Allen release). Sanmina, an electronics manufacturer, rose 8.93% by 9:03 a.m. ET after its results. It forecast revenue growth of about 27% for its 2027 fiscal year, at the midpoint of its outlook (Sanmina release).

8:06 a.m. ET

Futures hold steady before the inflation report as PepGen more than doubles

With the inflation report less than half an hour away, stock futures were little changed. S&P 500 futures were around the flatline, Dow futures rose 0.3% and Nasdaq 100 futures slipped 0.4%, CNBC reported at 7:56 a.m. ET.

Several single stocks made large moves after company news. PepGen was up 121.76% by 8:04 a.m. ET after it reported trial results for its drug for a rare inherited muscle disease (PepGen release). AAON, a maker of heating and cooling equipment, rose 14.86% by 8:00 a.m. ET after record quarterly sales and a higher forecast (AAON release).

GFL Environmental stayed lower after its board ended a review of offers to take it private and said the company will stay public (GFL release). Janus International, a maker of self-storage buildings, was down 18.91% by 8:04 a.m. ET following its results (Janus release). D-Wave's quarter is covered in StockTitan's D-Wave results article.

7:00 a.m. ET

Futures are little changed before the inflation data, and the Fed's Waller leans toward a December hike

After Monday's rally, stock futures were little changed before the 8:30 a.m. ET inflation report. S&P 500 futures were up 0.1% and Nasdaq 100 futures down 0.2%, CNBC reported early Tuesday. In a speech in London this morning, Fed Governor Christopher Waller said he leans toward a December rate hike. He added that a bigger one may be needed if prices run hot (Federal Reserve).

Quantum rose and Digital Turbine fell after reporting results. Quantum was up 17.25% by 6:49 a.m. ET after it reported a record order backlog (Quantum release). Digital Turbine fell 24.78% by 6:56 a.m. ET following its results, in which it raised its revenue forecast (Digital Turbine release).

Elsewhere, GFL Environmental, the waste collector, fell 13.91% by 6:56 a.m. ET. Nvidia, which fell more than 4% on Monday, edged higher before the bell, CNBC reported.