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Here’s what’s happening in the stock market today:
The stock market is showing a tech-led rebound today as investors shake off Tuesday’s inflation-driven selloff and rotate back into AI and chip names. 📈🔍 The S&P 500 is up about 0.7% and the Nasdaq is gaining about 1.5%, while the Dow is down slightly as blue-chip and rate-sensitive names lag. The rally is being driven by a rebound in Nvidia and strong earnings from CoreWeave, though investors remain cautious about elevated yields and inflation. 🛢️💰
Major Indices Performance 📊
S&P 500 is up about 0.7% intraday to around 7,587, after falling 0.38% on Tuesday to close at 7,520.93.
Nasdaq Composite is up about 1.5% intraday, after declining 0.74% on Tuesday to close at 25,065.87.
Dow Jones is down about 0.4% intraday to around 52,090, after slipping 0.3% (or 157.86 points) on Tuesday to close at 52,231.89.
Market Movers 🚀
CoreWeave (CRWV) is surging over 13% after reporting Q3 revenue that exceeded analyst expectations, along with a smaller-than-expected loss.
Nvidia (NVDA) is up about 5%, recovering some of the sharp losses seen earlier this week after CEO Jensen Huang confirmed he had an affair with an alleged Chinese spy.
Charter Communications (CHTR) is jumping over 10.6% after launching a $1.5 billion tender offer for long-dated notes.
Take-Two Interactive (TTWO) is gaining more than 8.3% as Grand Theft Auto VI preorders run far above management expectations.
On the downside, Moderna (MRNA), First Solar (FSLR), and Nvidia (NVDA) are among the biggest losers in the S&P 500.
Key Events Driving the Market 🗞️
Hot October inflation data: CPI rose 0.4% month-over-month, hotter than the 0.3% expected, with core inflation also at 0.3% — above the 0.2% forecast. 📉
Fed policy uncertainty: Fed Governor Christopher Waller said the central bank should raise rates by at least 25 basis points next month, and could consider a 50-basis-point hike if inflation worsens. 🏛️
Treasury yields elevated: The 10-year yield jumped to 4.99% from 4.88%, while the 2-year surged nearly 19 basis points to 4.74%, reflecting higher rate-hike expectations. 📉🏦
Oil prices rebounding: Crude is bouncing from two-month lows, with WTI up 0.9% to around $87.20 and Brent up 1.5% to around $92.90, after fresh Persian Gulf shipping attacks. 🌍🛢️
Veterans Day holiday: Bond markets are closed today, which may be contributing to thinner trading volumes and more volatile price action. 🏛️
Investor Sentiment 👀
Overall, investor mood is cautiously optimistic, with traders balancing:
Relief from a tech-led rebound and strong AI earnings
Support from falling oil prices and a resilient labor market
Underlying concern about elevated yields, inflation, and potential regulatory shifts
The market is showing a classic “risk-on” tilt, with growth and AI-driven names leading while broader gains remain limited by macro headwinds and lingering inflation worries. 🐂⚖️
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TRADE OF THE DAY
NEE
Name: NextEra Energy, Inc.
Symbol: NEE
Current Price: Approximately $85.87
Trade
Sell to Open: 1 NEE Dec 4, 2026 82/77 Put Vertical (Bull Put Spread)
Total Credit Received: $50.00
Credit per Contract: $50.00 (1 contract covering 100 shares)
Direction: Bullish (expects NEE to stay above $81.50)
Probability of Profit (PoP):
83.33% (as provided)
Potential ROI:
Max Risk (Loss): $450.00
Maximum Potential Reward: $50.00
ROI: ($50 ÷ $450) × 100 ≈ 11.1%
Trade Explained in Simple English:
You are selling the $82 put and buying the $77 protective put, both expiring December 4, 2026. You receive $50.00 upfront for entering the trade. If NEE closes above $81.50 at expiration, you keep the entire $50.00 credit as profit. Your maximum profit is capped at $50.00, while your maximum loss is limited to $450.00 if NEE falls to $77.00 or below. This is a bullish strategy because you expect NEE to remain above the $81.50 break-even price.
Wall Street Highlights:
News Beyond the Numbers
CoreWeave beat third-quarter estimates with revenue of $3.66 billion, up 168% year over year, and raised its full-year revenue outlook to $13.0 billion–$13.3 billion.Read more.
CoreWeave said it expects to become profitable on an adjusted basis in the first half of 2028, seeking to reassure investors about its debt-funded AI infrastructure expansion.Read more.
Nebius was scheduled to report before the open, with Wall Street expecting revenue of about $907 million, up more than 520% year over year, and an adjusted loss of 72 cents per share.Read more.
Cisco was expected to report earnings of $1.32 per share on revenue of $18.1 billion, up 32% and 22% year over year, respectively.Read more.
Legence was set to report before the open, with analysts expecting earnings of 23 cents per share after a prior-quarter loss, amid scrutiny of its data-center infrastructure business.Read more.
Disclaimer: The content provided by OptionPicks is for informational and educational purposes only and should not be construed as investment, financial, legal, or tax advice. We are not registered as a broker-dealer, investment adviser, or financial advisor with the SEC, FINRA, or any other regulatory authority. Options trading involves substantial risk and is not suitable for every investor. Past performance is not indicative of future results, and no representation is being made that any subscriber will or is likely to achieve profits or incur losses similar to those mentioned. You should consult with a licensed financial professional before making any investment decisions.
