{"id":85453,"date":"2026-11-12T16:44:27","date_gmt":"2026-11-12T05:44:27","guid":{"rendered":"https:\/\/www.icmarkets.com.au\/blog\/?p=85453"},"modified":"2026-11-12T16:44:28","modified_gmt":"2026-11-12T05:44:28","slug":"nasdaq-futures-fall-as-nvidia-slides-8-12-november-ic-markets","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/nasdaq-futures-fall-as-nvidia-slides-8-12-november-ic-markets\/","title":{"rendered":"Nasdaq Futures Fall as Nvidia Slides 8% | 12 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 0.02%, Shanghai Composite up 0.20% Hang Seng down 0.98% ASX down 0.11%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; Commodities : Gold at $3,982.60 (-0.47%) Silver at $51.375 (-1.21%), Brent Oil at 91.30 (-1.56%), WTI Oil at 85.30 (-1.41%)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; Rates : US 10-year yield at 4.984, UK 10-year yield at 5.2224, Germany 10-year yield at 3.3236<\/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; (JPY) PPI y\/y&nbsp; 7.1% to 6.5%&nbsp; 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\">Nasdaq-100 futures declined Wednesday evening as Nvidia shares dropped following reports of potential leadership turmoil at the chipmaker. The stock fell around 8% in extended trading after reports raised questions about CEO Jensen Huang&#8217;s position.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nasdaq-100 futures lost 0.8%, while S&amp;P 500 futures declined 0.4%. Dow futures were little changed. In Asia, Japan&#8217;s Nikkei 225 edged higher, while South Korea&#8217;s Kospi fell 0.35%. Hong Kong&#8217;s Hang Seng dropped 1.03%, and Australia&#8217;s S&amp;P\/ASX 200 slipped 0.31%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During regular trading, Wall Street posted strong gains. The Dow advanced nearly 255 points, or 0.5%, while the S&amp;P 500 gained 1.3% and the Nasdaq Composite climbed 1.6%. Nvidia&#8217;s rebound and strong earnings from CoreWeave supported the rally.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors remain divided over whether the artificial intelligence boom can sustain market momentum amid concerns about inflation, interest rates and regulatory uncertainty. CoreWeave&#8217;s stronger-than-expected results and improved revenue outlook offered further support for AI-related stocks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Wells Fargo Investment Institute&#8217;s Sameer Samana cautioned against excessive optimism, citing persistent inflation, potentially higher interest rates and AI data-centre regulations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, Plancorp&#8217;s Callie Cox highlighted the growing tension between enthusiasm for AI and concerns about inflation and borrowing costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors now await Thursday&#8217;s initial jobless claims and existing home sales data for fresh signals on the economy and Federal Reserve policy.<\/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; 1:30 PM&nbsp; &nbsp; GMT &nbsp; &#8211; &nbsp; USD &nbsp; Unemployment Claims<\/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-85453","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\/85453","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=85453"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85453\/revisions"}],"predecessor-version":[{"id":85455,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85453\/revisions\/85455"}],"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=85453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=85453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=85453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}