Market Midday: Stocks Higher, CoreWeave Shares Soar, Nvidia Rises • 11/11/26

0:00See NBC Business News update market midday. I'm Jessica Ettinger. Wall Street's higher. This afternoon, CoreWeave shares are soaring 26 percent after quarterly results last night after the bell lifting AI and NeoCloud stocks today. The Dow's up 115 points, about a quarter percent. NVIDIA shares leading it higher. They're up four and a half percent. In terms of levels we're getting back to, I still think there's plenty to prove. 7 ,600 on the S &P. It's burned in my memory that 7 ,620 was the high on the index on June 2nd of this year. June 2nd. So we're almost six months in and you're still fighting it out in this same stretch of territory.

0:40As of noon Eastern today, the S &P 500 index was at 7627, essentially flat since June. And that was CNBC's Mike Santoli. Companies whose shares have hit Fresh all-time highs today include Quest Diagnostics, Thermo Fisher Scientific, DuPont Fastenal, and Liberty Media Formula One. NVIDIA shares coming off their CEO scandal downward move to pop higher today, as you heard, leading the Dow up. CEO Jensen Wong back in the office, projecting that it's business as usual. NVIDIA reports quarterly results next week. Lots of questions over whether Wong will be able to hang on to that top job. He also co-founded the company.

1:22Here's CNBC's Eamon Javers. You're starting to see some cracks in the support for Jensen Wang among Republicans here in Washington. The president has said that he supports Jensen Wang staying on as the CEO of NVIDIA. But we've seen now Kevin Kramer, a senator from North Dakota, Republican, widely respected on Capitol Hill, saying that he feels that Jensen Wang is simply a national security risk, that anything involving these highly sensitive chips and allegations of Chinese spying means that Jensen Wang should step down. Chicago Fed President Austin Goolsbee says the new inflation report is borderline disturbing.

2:00The central bank is weighing more interest rate increases. Some Fed officials are saying more aggressive increases could be needed to slow the economy to try to bring inflation down. On this Veterans Day 2026, thank you to all who served for your service and to active duty military as well. Jessica Ettinger, CNBC. Traders don't need a prettier app. They need a better angle. Schwab's think or swim trading platforms were built for real traders like you. They have an insane amount of chart studies. I'm talking over 300 studies for virtually any strategy. They also have integrated risk management technology and nearly unlimited customization so you can shape the platform to fit the way you trade.

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