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Here’s what’s happening in the stock market today:
The stock market is showing a strong tech-led rebound today as investors shake off last week’s AI-driven selloff and rotate back into growth stocks. 📈🔍 Futures for the Dow, S&P 500, and Nasdaq are all higher, with the Nasdaq leading the charge after a gauge of chip giants climbed 2.9% in premarket trading. The 10-year Treasury yield has eased to around 5.06–5.08%, and oil prices are retreating, easing some of the macro pressure that weighed on markets last week. 🛢️💰
Major Indices Performance 📊
S&P 500 futures are up about 0.58% to 7,749.
Dow Jones futures are up roughly 0.04% to 52,237.
Nasdaq futures are leading, up about 1.22% to 29,748.
Market Movers 🚀
Chipmakers are rebounding sharply, with a gauge of major semiconductor names up 2.9% after last week’s rout.
AI and tech names are leading the advance, with the Nasdaq-100 gaining 1.3%.
CoreWeave, Broadcom, and Micron are among the notable names in focus as investors brace for key earnings.
Tech hardware stocks had been under pressure overseas, but sentiment is improving as investors look ahead to earnings from Tesla, SpaceX, and Meta Platforms.
Key Events Driving the Market 🗞️
Earnings season ramp-up: Investors are awaiting results from Tesla, SpaceX, and Meta Platforms, with AI-related earnings expected to be a key driver. 📊
Treasury yields retreat: The 10-year yield fell to around 5.06–5.08%, down from recent multi-year highs, offering relief to rate-sensitive sectors. 📉🏦
Oil prices ease: Crude is retreating, helping ease inflation and geopolitical pressures. 🌍🛢️
Fed expectations ease: Odds of an October rate hike have fallen to about 15% from as high as 45% earlier in the week, despite hot inflation data. 🏛️
Investor Sentiment 👀
Overall, investor mood is risk-on, with traders encouraged by:
A rebound in AI and semiconductor names after last week’s selloff
Falling Treasury yields and easing oil prices
Optimism around upcoming tech earnings
The market is showing renewed appetite for growth and AI-driven trades, though investors remain watchful for any surprises in this week’s earnings reports. 🐂⚖️
Don’t Wait for the OpenAI IPO
OpenAI and Anthropic could be two of the biggest AI IPOs Wall Street has seen in years.
But investors don’t have to wait for those names to hit the public markets to get exposure to the AI boom.
MarketBeat’s 7 AI Stocks to Buy Now report reveals 7 publicly traded companies already positioned to benefit as the next wave of AI investment moves beyond the private model providers.
These are the stocks investors can buy today, before the IPO crowd rushes in.
TRADE OF THE DAY
LULU
Name: lululemon athletica inc.
Symbol: LULU
Current Price: $96.61
Trade
Sell to Open: 1 LULU Nov 20, 2026 108/113 Call Vertical (Bear Call Spread)
Total Credit Received: $69.00
Credit per Contract: $69.00 (for 1 contract covering 100 shares)
Direction: Bearish (expects LULU to stay below the break-even price)
Probability of Profit (PoP): 84.46% (as provided)
Potential ROI:
Max Risk (Loss): $431.00
ROI: ($69.00 ÷ $431.00) × 100 ≈ 16.0%
Trade Explained in Simple English:
You’re entering a bearish call spread by selling the $108 call and buying the $113 call, both expiring November 20, 2026. You receive $69.00 upfront for the trade. If LULU stays below the $108.69 break-even price at expiration, you keep the full $69.00 credit; if it rises above that level, the trade begins to lose money. Your maximum potential reward is $69.00, while your maximum loss is capped at $431.00 if LULU closes at or above $113 at expiration.
Wall Street Highlights:
News Beyond the Numbers
Cleveland-Cliffs jumped more than 10% after reporting third-quarter adjusted earnings of 28 cents per share, beating the FactSet estimate of 21 cents.Read more.
Intel rose nearly 4% after JPMorgan upgraded the chipmaker to neutral from underweight, citing improving fundamentals.Read more.
Netflix fell 2.6% after announcing that Peter Rice will replace outgoing chief content officer Bela Bajaria.Read more.
SpaceX and Tesla are set to report results on consecutive days this week, with analysts expecting SpaceX revenue of about $12.74 billion and Tesla adjusted earnings of roughly 43 cents per share.Read more.
Crown Holdings was scheduled to report after the close, with analysts expecting $2.26 in adjusted earnings per share on $3.45 billion of revenue after ten straight quarterly EPS beats.Read more.
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