Stock Market Today: S&P 500 Slips 0.49% and Nasdaq 0.61% at the Open as 10-Year Yield Climbs to 4.96%
Wall Street opened lower on Tuesday: the S&P 500 fell 0.49% and the Nasdaq 0.61% as the 10-year yield rose to 4.96% and the VIX climbed above 21.
Wall Street opened lower on Tuesday, giving back a slice of Monday's rally as Treasury yields rose and volatility picked up. The S&P 500 was down 0.49% at 7,513.11 shortly after the bell, the Nasdaq had lost 0.61% to 25,099.30 and the Dow Jones was off 0.23% at 52,268.16.
The pullback is modest against the previous session, when the S&P 500 gained 2.35% to close at 7,549.94. It leaves the index 3.82% lower over the past month, though it is still up 9.75% year to date and sits below its 52-week high of 7,818.93. The Nasdaq is down 8.28% over one month and up 7.99% for the year.
Yields and volatility edge higher
The US 10-year yield rose to 4.96% from 4.86% at Monday's close, a move that tends to weigh on richly valued growth stocks. The VIX climbed 5.97% to 21.11, back above the 20 level it had dropped below at Monday's close.
The dollar firmed alongside yields. The Dollar Index rose 0.33% to 101.99. The euro slipped 0.3% to $1.1184 and sterling lost 0.46% to $1.3383, while the Australian dollar fell 0.75% to $0.6875. The dollar gained 0.46% against the yen at 158.617 yen. The rupiah weakened 0.2% to 18,111.54 per dollar.
Oil and gold retreat
Energy and metals were under pressure. Brent fell 2.88% to $89.90 a barrel and WTI lost 2.59% to $84.60. Gold dropped 2.15% to $4,045.18 an ounce, silver slid 1.41% to $51.95 and copper eased 1.32% to $6.261 a pound. Natural gas bucked the trend, rising 0.81% to $3.244 per million British thermal units.
Crypto was weaker as well. Bitcoin fell 1.42% to $74,188.04 and Ethereum dropped 2.44% to $2,080.25.
Nvidia in focus
Nvidia remains the stock traders are watching most closely. The chipmaker shed about $192 billion in market value in a single session as a probe involving chief executive Jensen Huang rattled the shares, and the stock closed its last session at $178.67, down 4.27%. President Donald Trump said Huang had no idea a woman he dealt with was a spy. The company reports earnings on Nov. 17 after the close, with analysts polled for earnings of $2.53 a share.
Other names set to report this week include Applied Materials and Cisco, both on Nov. 12 after the close. Applied Materials is expected to post earnings of $4.13 a share and Cisco $1.35. Applied Materials last traded at $370.55 after an 11.37% gain in its previous session, and AMD finished at $508.58 after a 13.26% jump.
Markets elsewhere
Global stocks were mostly firmer ahead of the US open. In Europe, the DAX rose 0.95% to 26,517.79, the CAC 40 gained 1.05% to 8,319.30 and the FTSE 100 added 0.21% to 10,804.94. Asia closed higher: the Nikkei 225 jumped 2.87% to 60,459.58, and Jakarta's IHSG rose 1.49% to 5,125.73. Canada's TSX fell 0.62% in early trade.
The Russell 2000 gained 3.15% to 2,840.81 in its latest full session, outpacing the large-cap indexes.
What to watch next
The direction of the 10-year yield, which rose again today, is the immediate test for equities, along with whether the VIX holds above 20. Oil is the other swing factor after another day of declines. Cisco and Applied Materials report on Thursday, Nov. 12, followed by PDD Holdings on Nov. 16, Walt Disney and Home Depot on Nov. 17 and Nvidia later that day.
Markets at a glance
| Market | Last | Change | % Change |
|---|---|---|---|
| S&P 500 | 7,513.11 | −36.83 | −0.49% |
| Nasdaq | 25,099.30 | −153.84 | −0.61% |
| Dow Jones | 52,268.16 | −121.59 | −0.23% |
| Russell 2000 | 2,840.81 | +86.70 | +3.15% |
| US 10Y Yield | 4.963 | +0.099 | +2.04% |
| Dollar Index | 101.99 | +0.34 | +0.33% |
| WTI | 84.60 | −2.25 | −2.59% |
| Bitcoin | 74,188 | −1,066 | −1.42% |
Data as of 10 Nov 2026, 21:40 WIB (14:40 GMT). Source: JournalArta Markets (Yahoo Finance, Twelve Data); some exchange data may be delayed up to 15 minutes. Follow live prices on JournalArta Markets. This article is for information only and is not investment advice.
