S&P 500 Posts 2.5% Weekly Gain Despite Friday Decline
Key Facts
The S&P 500 ended the week through November 13, 2026, up 2.5%, despite falling 0.4% in Friday’s session, according to the Associated Press. The weekly gain followed four weeks of losses, marking the markets’ first up week since early October, the news agency said. The final session saw divergence among major U.S. indexes, with the Dow Jones Industrial Average rising while the Nasdaq Composite fell. The session coincided with the release of October producer price data, which showed a slower monthly increase in final demand prices than in September. But the index’s annual increase was the strongest since November 2022, according to the U.S. Bureau of Labor Statistics.
On Friday, November 13, the Dow Jones rose 50 points, or 0.1%, while the Nasdaq Composite fell 0.9%, according to the Associated Press. Pressure on technology stocks with heavy exposure to artificial intelligence spread to the market, even as more than 60% of S&P 500 stocks rose during the session, the news agency said. The Associated Press said, "Declines in technology stocks with heavy exposure to artificial intelligence weighed on the market, even as more than 60% of S&P 500 stocks rose." The agency said the fallout from Nvidia’s chief executive’s departure cost the company just under $600 billion in market value during the week. The yield on the 10-year U.S. Treasury rose to 5.15% on Friday, from 5.10% at Thursday’s close.
The Bureau of Labor Statistics reported that the Producer Price Index for final demand rose 0.3% in October, after increasing 1.4% in September and 0.4% in August. For the 12 months ended in October, the index rose 6.5%, its largest annual increase since a 7.4% rise in November 2022, the bureau said. The bureau attributed the monthly increase in final demand prices to a 0.5% rise in goods prices and a 0.2% rise in services prices in October. The slowdown in the monthly increase from September’s pace reflects a moderation in the index reading, while the annual reading puts October at its strongest 12-month increase since November 2022. The bureau’s data cited here did not include an estimate of market expectations ahead of the release.
Excluding food, energy and trade services, the final demand price index rose 0.5% in October, the same monthly increase recorded in September, according to the Bureau of Labor Statistics. On an annual basis, prices for this group rose 4.9% in the 12 months ended in October. The Consumer Price Index also rose 0.4% in October, after increasing 0.6% in September, the bureau said. The CPI excluding food and energy rose 0.3% in October, the same monthly rate as in August and September. These monthly readings from the bureau show varying trends across producer and consumer price indexes, with the annual increase in final demand prices remaining at its highest pace since November 2022.
The next Producer Price Index release is scheduled for December 15, 2026, at 8:30 a.m. Eastern time, and will cover November, according to the schedule published by the Bureau of Labor Statistics. Before then, the Federal Reserve will hold its next monetary policy meeting on December 8 and 9, with a news conference scheduled for December 9. The release and meeting dates place price data and the monetary policy decision among the next scheduled events on the U.S. economic calendar.