US stocks rally as chip shares rebound despite Nvidia probe
The Dow Jones added 500 points and the Nasdaq rose more than 2% as investors weighed Nvidia’s investigation into its chief executive.
The Dow Jones added 500 points and the Nasdaq rose more than 2% as investors weighed Nvidia’s investigation into its chief executive. Published 2026-11-09 by Falling Shares.
| By Falling Shares Intelligence, edited by Wung Thomas, Editor-in-Chief
Written by Falling Shares Intelligence, our automated newsroom, from the public sources listed below and live market data. Every figure is checked against that material before publication, but the story has not been reviewed by a human editor. Check the linked sources before relying on it, and report errors to info@fallingshares.com.
Wall Street’s indexes climbed on Monday as investors weighed an investigation into Nvidia’s chief executive, Jensen Huang, while awaiting inflation data. The Nasdaq Composite rose more than 2% and the Dow Jones Industrial Average added 500 points. Chip stocks rebounded, with tech giants Microsoft and Alphabet, and chipmakers Marvell and Broadcom, posting substantial gains.
Nvidia probe weighs on shares
Nvidia’s shares faced declines due to worries over foreign intelligence, according to the company's situation. The stock market is damaged but Apple, Amazon and Microsoft are holding up, local media reported. Nvidia is probing CEO Jensen Huang's spy case, which has weighed on investor sentiment.
Analysts proposed that the sell-off in AI stocks was potentially overblown, despite the governance headwinds. Tech giants like Microsoft and Alphabet, along with chip manufacturers such as Marvell and Broadcom, enjoyed substantial gains. The market looked to rebound from last week’s big losses, with futures pointing to a strong open.
Markets climb on data wait
Wall Street's indexes climbed as investors honed in on Nvidia CEO Jensen Huang's investigation and awaited important inflation data. The dollar eased as investors looked to inflation data for signals over the timing of potential further interest-rate rises by the Fed. The inflation data on Tuesday will follow stronger-than-expected economic releases.
All eyes will be on the artificial intelligence trade and Nvidia stock following a volatile post-election shake-up in markets. The revelation that Nvidia's board is opening an investigation into the CEO added a layer of complexity to the day's trading. European markets also saw shares rise as oil fell, with investors shifting focus back to data.