EL7.AI
StocksMedium•9 November 2026•
1 min read

Nasdaq Jumps 2.74% in Tech Rebound as Nvidia Slumps on Executive Uncertainty

Key Facts

1The Nasdaq Composite rose 2.74% led by tech stocks despite a decline in Nvidia shares.
2Nvidia shares fell 4.27% due to executive uncertainty.
3Tesla and SpaceX shares both rose over 5% during the session amid a sectoral recovery.

The Nasdaq Composite rose 2.74% to 25,253.14 points as technology stocks led a broad Wall Street rebound. Investing.com reported that shares of Tesla and SpaceX both jumped over 5% during the session, while Nvidia shares fell 4.27% due to executive uncertainty.

Nvidia was trading at $177.67 on November 9, 2026, amid news that the company launched an independent investigation while confirming Jensen Huang will remain CEO. Meanwhile, Tesla was trading at $377.60 on November 9, 2026, as peer semiconductor stocks showed varied levels with AMD closing at $449.04 and INTC at $56.28 on November 6, 2026.

Market attention turns to a speech by Fed Governor Waller scheduled for November 10, 2026, which coincides with the release of key inflation data including the Core CPI YoY report.

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