{"id":85410,"date":"2026-11-11T18:21:56","date_gmt":"2026-11-11T07:21:56","guid":{"rendered":"https:\/\/www.icmarkets.com.au\/blog\/?p=85410"},"modified":"2026-11-11T18:22:00","modified_gmt":"2026-11-11T07:22:00","slug":"stock-futures-rise-as-inflation-and-nvidia-weigh-11-november-ic-markets","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/stock-futures-rise-as-inflation-and-nvidia-weigh-11-november-ic-markets\/","title":{"rendered":"Stock Futures Rise as Inflation and Nvidia Weigh | 11 November | IC Markets"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Global Markets:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Asian Stock Markets : Nikkei up 1.39%, Shanghai Composite up 0.59% Hang Seng down 0.75% ASX up 0.27%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; Commodities : Gold at $4,063.02 (-0.80%) Silver at $52.960 (3.35%), Brent Oil at 92.56 (1.18%), WTI Oil at 86.69 (0.77%)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; Rates : US 10-year yield at 5.015, UK 10-year yield at 5.2284, Germany 10-year yield at 3.3069<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>News &amp; Data:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; (CAD) Average Hourly Earnings m\/m&nbsp; 0.4% to 0.3%&nbsp; expected<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; (USD)&nbsp; Prelim UoM Consumer Sentiment&nbsp; 51.0 to 48.1 expected<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Markets Update:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">U.S. stock futures edged higher Tuesday night following a losing session, as investors assessed hotter-than-expected inflation data and continued weakness in Nvidia shares.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dow Jones Industrial Average futures gained 88 points, or 0.2%. S&amp;P 500 futures advanced 0.2%, while Nasdaq-100 futures climbed 0.4%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Asian markets traded mixed Wednesday. Japan\u2019s Nikkei 225 rose 0.85%, South Korea\u2019s Kospi gained 1.22%, and Australia\u2019s S&amp;P\/ASX 200 added 0.23%. Meanwhile, Hong Kong\u2019s Hang Seng Index fell 0.66%, while China\u2019s CSI 300 declined 0.39%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On Tuesday, the Dow dropped more than 150 points. The S&amp;P 500 and Nasdaq Composite lost 0.4% and 0.7%, respectively. Nvidia led the decline, falling 5.5% for a second consecutive session amid concerns surrounding CEO Jensen Huang\u2019s reported China-related controversy. The sell-off reduced Nvidia\u2019s market capitalisation to approximately $4.07 trillion, its lowest level since late March.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investor sentiment was further pressured by U.S. inflation data. October\u2019s Consumer Price Index increased 0.4% month over month, exceeding forecasts and strengthening expectations of a December Federal Reserve rate hike. Markets now assign roughly a 90% probability to a quarter-point increase.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Traders will monitor developments in artificial intelligence stocks following CoreWeave\u2019s stronger-than-expected third-quarter revenue. U.S. bond markets will remain closed Wednesday for Veterans Day.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Upcoming Events:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf &nbsp; &nbsp; &nbsp; 11:50 PM&nbsp; &nbsp; GMT &nbsp; &#8211; &nbsp; JPY&nbsp; PPI y\/y<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: \u25cf&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Asian Stock Markets : Nikkei [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":79441,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-85410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/comments?post=85410"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85410\/revisions"}],"predecessor-version":[{"id":85411,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85410\/revisions\/85411"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media\/79441"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media?parent=85410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=85410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=85410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}