Stock Market Today: Dow Opens Seen Higher as Nvidia Steadies
US stock futures pointed higher before the opening bell on Friday, November 13, 2026, as investors waited for producer-price data and Nvidia shares recovered slightly after the abrupt exit of CEO Jensen Huang. Wall Street is on track for its best week since August.
The stock market looked set for a higher start on Friday, November 13, 2026, with Dow futures up 83 points, or 0.2%, at 7:30 a.m. ET as Nvidia shares steadied after the sudden exit of CEO Jensen Huang.
S&P 500 futures had climbed 18 points, or 0.2%. Nasdaq 100 futures had gained 28 points, or 0.1%. Futures are contracts that trade before the main session and hint at where the market may open.
Inflation data in focus
Investors are waiting for the October producer-price index, due later Friday. It measures what businesses pay for goods and services, and it matters more after a hotter-than-expected consumer price reading earlier this week.
That data, plus hawkish comments from some Federal Reserve officials, has fueled bets on a half-point interest rate hike at the Fed's December meeting. A half-point is larger than the central bank's usual move.
Two-year Treasury yields edged up before the release. They are on track for their worst week since 2024. Oil prices were muted but heading for a weekly decline as fears of renewed fighting in the Middle East eased and supplies showed signs of recovery.
"This market feels coil-sprung to go higher, which is seemingly the pain trade," analysts at JPMorgan said in a research note.
Nvidia after Huang
Nvidia shares rose 1.1% before the opening bell. On Thursday the stock fell more than 4%, even after paring much deeper losses during the session. Analysts at CMC Markets noted some dip-buying.
The better part of $1 trillion in Nvidia's market value has been erased this month alone. Huang was ousted after revelations that he had multiple extramarital affairs, including one with an alleged Chinese spy and another with an employee.
Colette Kress, most recently Nvidia's finance chief, has taken over as interim CEO. The company has hired an outside firm to search for possible successors, according to reports. Nvidia is due to report quarterly results next week.
Analysts worry about what a change at the top means for the company's strategy, including circular financing arrangements that Huang championed. Nvidia both supplies the chips behind AI systems and helps fund its customers.
Other movers
Cerebras Systems jumped 12% in premarket trading after reporting better-than-expected quarterly revenue and guidance. It also announced a new deal with Microsoft.
Applied Materials and Cisco Systems offered upbeat forecasts, but their shares fell premarket.
Despite a week of heavy data and corporate drama, the S&P 500 and the Nasdaq Composite were still on track for their best weekly performance since August. Tech earnings have pointed to resilient demand for artificial intelligence, and excitement has been building around a possible blockbuster initial public offering from Anthropic, the maker of the Claude chatbot.
