US Stocks Fall and Yields Jump Following Sudden Resignation of NVIDIA CEO

Key Facts

US equity markets ended lower following the shock resignation of NVIDIA's CEO. MarketScreener reported that the sudden departure triggered a market decline, while bond yields jumped and crude oil prices rose during the session, adding further pressure to stocks.

NVIDIA closed at $164.735 on November 12, 2026, after hitting a session low of $148.8. Within the semiconductor peer group, TSM closed at $406 on November 12, 2026, while AMD had closed at $552.9 and INTC at $62.5 on November 11, 2026.

The US Producer Price Index is scheduled for release on November 13, 2026, with a forecast of 0.4% monthly growth. Additionally, Fed official Bowman is set to deliver a speech on the same date, which may provide further insights into the monetary policy outlook.