Stock Market Today, Nov. 11: Stock Market Today, Nov. 11: Nasdaq Surges as CoreWeave's 25% Rally Reignites the AI Trade
Wall Street staged a strong recovery on November 11 as AI enthusiasm returned, lifting technology and semiconductor stocks. The Nasdaq climbed 1.60% to 25,466, while the S&P 500 gained 1.29% to 7,618. CoreWeave surged 24.71% on record earnings and improved revenue outlook, while Micron Technology and Oracle also posted significant gains. However, underlying economic concerns about inflation and elevated valuations persist.