Stock Market Today: S&P 500 Jumps 1.31% to 7,619.38 and Nasdaq Gains 1.6% as Micron, Marvell and Arm Surge
Wall Street closed higher on Wednesday as the S&P 500 rose 1.31% and the Nasdaq 1.6%, led by chipmakers Micron, Marvell and Arm, while the VIX fell to 17.59.
Wall Street closed sharply higher on Wednesday, November 11, with chip stocks leading the way. The S&P 500 rose 1.31% to 7,619.38 and the Nasdaq Composite gained 1.6% to 25,466.19, reversing Tuesday's declines. The Dow Jones Industrial Average added 0.49% to 52,486.49.
Semiconductor names did the heavy lifting. Micron Technology jumped 12.72% to $817.36, Marvell Technology rose 12.2% to $173.23, and Arm Holdings climbed 11.37% to $202.12. Those three were the biggest gainers on the Nasdaq board.
Wall Street at the close
The gains were broad across the major US benchmarks, but the tilt was clearly toward technology. The Nasdaq outpaced the S&P 500, while the Dow lagged with a gain of less than half a percent. The Russell 2000 of smaller companies rose 0.87% to 2,846.03.
Even after the rebound, the main indexes sit below their recent peaks. The S&P 500 remains under its 52-week high of 7,818.9, and it is still down 2.41% over the past month, though it is up 11.3% so far this year. The Nasdaq is down 6.53% over one month and up 9.57% year to date, against a 52-week high of 27,599.8.
Beyond the chip trade, Arista Networks gained 5.84% to $195.83 and CVS Health rose 4.41% to $89.01 on the NYSE, while Snowflake added 3.67% to $306.61. On the downside, ServiceNow fell 3.07% to $99.61, Nike slipped 3.03% to $38.67 and Caterpillar lost 2.39% to $584.57. On the Nasdaq, Lululemon dropped 3.67%, Airbnb fell 3.6% and Amazon eased 1.69% to $266.30.
Volatility eases as yields hold steady
The VIX, Wall Street's volatility gauge, fell 9.61% to 17.59 from 19.46, a sign that demand for downside protection cooled as stocks recovered.
The 10-year Treasury yield edged up to 4.998% from 4.983%. The Dollar Index rose 0.69% to 102.93.
Dollar firmer, oil higher, gold flat
The stronger dollar pushed the euro down 0.69% to $1.109 and sterling down 0.55% to $1.3273. The dollar rose 0.73% against the Japanese yen to 159.86. The rupiah strengthened 0.35% to 18,127 per dollar, according to the market board.
Brent crude rose 1.14% to $92.53 a barrel and WTI gained 0.42% to $86.40. Gold was little changed, down 0.04% at $3,985.55 an ounce, while silver rose 0.97% to $51.72 and copper added 0.49% to $6.265 a pound. Natural gas fell 1.55% to $3.245.
Bitcoin rose 1.26% to $74,635.91 and Ethereum gained 1.36% to $2,078.46, with Solana up 2% at $84.92.
Europe and Asia earlier in the day
European markets closed higher before Wall Street's gains took hold. The DAX rose 1.2% to 26,662.77, the FTSE 100 gained 0.78% to 10,835.47, and the CAC 40 added 0.66%.
In Asia, Tokyo's Nikkei 225 rose 1.31% to 61,248.59 and the ASX 200 gained 0.27%. Hong Kong's Hang Seng slipped 0.54%, while Jakarta's IHSG ended 0.21% lower at 5,115.04.
What to watch next
Futures pointed to further gains after the bell: S&P 500 futures were up 1.35% and Nasdaq 100 futures were up 2.3%, though futures prices can change before the next session opens.
Earnings take center stage on Thursday. Cisco and Applied Materials are due to report after the close on November 12, with analysts expecting earnings per share of about $1.35 and $4.13 respectively. Next week brings Walt Disney and Home Depot before the open on November 17, followed by Nvidia after the close that day. Target, Lowe's, Ross Stores and Palo Alto Networks are scheduled for November 18.
Markets at a glance
| Market | Last | Change | % Change |
|---|---|---|---|
| S&P 500 | 7,619.38 | +98.45 | +1.31% |
| Nasdaq | 25,466.19 | +400.32 | +1.60% |
| Dow Jones | 52,486.49 | +254.60 | +0.49% |
| VIX | 17.59 | −1.87 | −9.61% |
| US 10Y Yield | 4.998 | +0.015 | +0.30% |
| Gold (spot) | 3,985.55 | −1.48 | −0.04% |
| WTI | 86.40 | +0.36 | +0.42% |
| Bitcoin | 74,636 | +927 | +1.26% |
Data as of 12 Nov 2026, 04:15 WIB (21:15 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.
