Index charts
live chart on TradingViewThe day in review is written once the Federal Reserve posts this session's Treasury yields, the next business day.
How the day unfolded
21 summaries generated that day- Pre-open outlook3:01 AM ET
US stocks enter Wednesday's session with investors rotating toward defensive names as markets operate in a "state of alert,". CoreWeave beat on revenue and lifted guidance, easing AI slowdown concerns. Attention turns to Friday's PPI wholesale inflation report, the next inflation data point.
- Midday check12:04 PM ET
US stocks are trading higher in a tech-led rebound, with the Nasdaq opened sharply higher while the S&P 500 and Dow also rise. Nvidia shares are rebounding, and CoreWeave has soared 23% after the CEO reaffirmed AI compute demand following a strong Q3 report. Attention turns to Friday's PPI wholesale inflation report.
AI-generated as the day ran, from the data of each moment; corrections keep the original one click away. Informational only — not investment advice.
Headlines of the day
- 3:01 AM ETConsumer prices rose 0.4% in October, more than expected, complicating Fed's inflation fight — CNBC Economy
- 3:01 AM ETCoreWeave beats on revenue and lifts guidance, easing AI slowdown concerns — CNBC Earnings
- 3:01 AM ETCoreWeave earnings: Neocloud lifts its revenue forecast — and its capex guidance — MarketWatch
- 3:01 AM ETAnthropic sets IPO price range of $70 to $78, looks to start trading Nov. 19, sources say — CNBC
- 3:01 AM ETSoftBank swings to $7 billion loss after U.S. data center hit and Intel share decline — CNBC Earnings
- 3:01 AM ETInvestors pivot to defensive stocks as markets enter a ‘state of alert’ — CNBC World
- 3:31 AM ETCoreWeave’s stock pops as new financing playbook eases debt concerns — MarketWatch
- 4:03 AM ETAnthropic opens Australian retail IPO offering as AI scrutiny intensifies — CNBC
- 4:03 AM ETCoreweave's stock pops as earnings show revenue beat, swelling backlog — live — MarketWatch
- 6:01 AM ETWhat Goldman Sachs now sees from the Fed after hot CPI data — MarketWatch
- 6:01 AM ETCoreWeave stock pops 11% after outlook raise eases AI slowdown concerns — CNBC Earnings
- 6:01 AM ETNvidia shares rebound 5% as Huang faces scrutiny ahead of earnings — CNBC
- 6:34 AM ETWhy Goldman Sachs is now changing its Federal Reserve interest-rate forecast — MarketWatch
- 6:34 AM ETHow Democrats could snarl Trump administration stakes in private-sector companies — CNBC
- 8:03 AM ETNvidia’s valuation tumbles to a 15-year low. A bargain or a falling knife? — MarketWatch
- 8:03 AM ETNissan CEO breaks down how it plans to fight back against Chinese companies, after second outlook cut in months — CNBC Earnings
- 8:32 AM ETFed's Goolsbee calls inflation report 'borderline disturbing' as central bank weighs more hikes — CNBC
- 9:04 AM ETMicron and other AI stocks surge as CoreWeave calms Wall Street’s worst fears — MarketWatch
- 9:33 AM ETNasdaq opens sharply higher; S&P 500, Dow rise amid tech rebound — MarketWatch
- 10:01 AM ETCoreWeave CEO says 'new political reality' after midterms won't slow buildout — CNBC World
- 11:01 AM ETCoreWeave just gave a shot in the arm to Micron, Lumentum and the rest of the AI trade — MarketWatch
- 11:33 AM ETA single stock is responsible for Dow’s decline amid rally by S&P and Nasdaq — MarketWatch
- 12:04 PM ETAnthropic has embarked on its pre-IPO road show — MarketWatch
- 2:31 PM ETDow, S&P 500 and Nasdaq end lower; Treasury yields rise after hot inflation data — MarketWatch
- 2:31 PM ETHas Nvidia flown too close to the sun? An analyst warns of major scrutiny ahead. — MarketWatch
Where the week stood at the close
CPI Fuels Rate-Hike Bets
5:12 PM ETUS stocks closed Wednesday's session after a week of volatile trading, with the Dow logging its third 1,000-point swing in four days on Monday. Tuesday's October CPI report showed prices rose 0.4%, a hotter reading than expected, pushing the 10-year Treasury yield to 4.98% at Tuesday's close, up 10 basis points from Monday. Nvidia's shares tumbled Monday following a CEO-spy scandal, then rebounded Wednesday as one analyst warned of major scrutiny ahead. Attention now turns to Friday's PPI wholesale inflation report. The sharp CPI rise may cement a hike next month.
AI-generated at that day's close, from the week's data to that point. Informational only — not investment advice.
Errata: No closing-wrap summary was generated that day.