Stock Market Today: S&P 500 Slips 0.35% to 7,592.4 as Nasdaq Falls 0.39% and Small Caps Drop 1.66%
The S&P 500 fell 0.35% and the Nasdaq 0.39% on Thursday as sticky US inflation pushed the 10-year yield to 5.10%, while oil jumped and chip stocks rallied.
Wall Street ended Thursday lower. The S&P 500 lost 0.35% and the Nasdaq fell 0.39%, while smaller companies took the biggest hit as the Russell 2000 dropped 1.66%. Oil jumped and Bitcoin slid.
The short version
- Stocks: The S&P 500 closed at 7,592.4, the Nasdaq at 25,366.1 and the Dow at 52,297.1, each down about 0.4%.
- Why: Sticky US inflation lifted fears about interest rates, and the 10-year Treasury yield rose to 5.10%.
- Fear gauge: The VIX climbed 7.95% to 18.88.
- Oil and metals: Brent rose 3.74% to $96.23 a barrel, while silver fell 3.99% and gold slipped 0.27%.
- Next: Earnings from Nvidia, Home Depot, Disney and Target arrive next week.
Why Wall Street slipped despite a big chip rally
Stocks leaned lower after signs that US inflation is proving stubborn. Stubborn inflation makes it harder for the Federal Reserve to cut rates, which is why traders worry about it. The 10-year Treasury yield rose to 5.103%. Yields move the opposite way to bond prices, so a higher yield means investors are selling bonds, and it also raises borrowing costs across the economy.
The Dow lost 0.36% and the Russell 2000, an index of smaller US companies that tend to borrow more, fell 1.66%. The VIX, Wall Street's fear gauge, which rises when traders pay more for protection against falls, jumped 7.95% to 18.88.
Chip stocks stood apart
Semiconductor names led the winners even as the broad indexes fell. Arm Holdings rose 12.05% and Micron Technology gained 11.89%. Marvell Technology added 9.33%, Oracle climbed 8.82% and Arista Networks rose 6.3%. Taiwan Semiconductor gained 4.25%.
On the losing side, Airbnb fell 3.09%, McDonald's dropped 2.61% and Microsoft slipped 2.26%. Lululemon lost 2.65%, and Accenture fell 1.88%.
Applied Materials and Cisco were both scheduled to report after the closing bell, so their results were not reflected in Thursday's moves.
Oil jumps while metals and crypto slide
Crude was the day's big mover. Brent gained 3.74% to $96.23 a barrel and US benchmark WTI rose 2.95% to $89.08. Natural gas climbed 3.92% to $3.341.
Metals went the other way. Silver dropped 3.99% to $49.93 an ounce, copper fell 1.64% and gold edged down 0.27% to $3,873.1. The dollar index gained 0.26% to 103.18.
Bitcoin fell 3.42% to $71,397, while Ethereum lost 1.93% and Solana 2.31%. See the live Bitcoin and gold pages for updated prices.
How the rest of the world traded
Americas
- Canada's S&P/TSX fell 0.75%.
- Brazil's Bovespa lost 0.6%.
Europe
- The FTSE 100 rose 0.26%, Germany's DAX gained 0.41% and the CAC 40 added 0.34%. Read the FTSE 100 outlook for more.
Asia
- Jakarta's IHSG rose 2.44% to 5,250.9 and the LQ45 gained 3.04%.
- Hong Kong's Hang Seng fell 1.26% and Tokyo's Nikkei 225 lost 0.7%.
- Australia's ASX 200 rose 0.2%.
What to watch next
- Monday: PDD Holdings reports before the US open.
- Tuesday: Home Depot and Disney report before the open, and Nvidia reports after the close.
- Wednesday: Lowe's and Target report before the open and Palo Alto Networks after the close.
- Thursday: Intuit reports.
Track the benchmarks on the S&P 500, Nasdaq and VIX pages.
Markets at a glance
| Market | Last | Change | % Change |
|---|---|---|---|
| S&P 500 | 7,592.40 | −26.98 | −0.35% |
| Nasdaq | 25,366.09 | −100.10 | −0.39% |
| Dow Jones | 52,297.09 | −189.40 | −0.36% |
| VIX | 18.88 | +1.39 | +7.95% |
| US 10Y Yield | 5.103 | +0.105 | +2.10% |
| Gold (spot) | 3,873.12 | −10.54 | −0.27% |
| WTI | 89.08 | +2.55 | +2.95% |
| Bitcoin | 71,397 | −2,528 | −3.42% |
Data as of 13 Nov 2026, 04:14 WIB (21:14 GMT). Source: JournalArta Markets; 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.
