U.S. Stock Indices Surge After AI Sector Sell-Off

Major U.S. stock indices surged on November 9, 2026, as investors returned to the market following a significant sell-off in AI-related stocks after the midterm elections. The Nasdaq 100 led the recovery with a 2.76% gain, reaching a high of 27,774.88, while the S&P 500 rose 1.92% to clear the 7,507.77 level. The Dow Jones Industrial Average also increased by 1.79%.

This broad market rebound occurred despite a 4% decline in Nvidia Inc. shares, which traded within $5 of their 2026 low. Financial institutions including JPMorgan, BlackRock, and HSBC characterized the preceding downturn as a de-leveraging event or a rebalancing of tech-heavy portfolios rather than a fundamental collapse in demand for artificial intelligence.

Market participants are now looking toward upcoming catalysts to sustain the momentum, including the October inflation report, Nvidia's earnings, and a potential initial public offering from Anthropic. Technical analysis suggests the S&P 500 is targeting a swing area between 7,573 and 7,617, while the Nasdaq 100 continues to face resistance at its 200-day moving average of 27,994.59.