S&P 500 jumps 2.28% in midday rebound
Published on 11/09/2026 at 18:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMidday rebound puts losses in focus
- The S&P 500 stood at 7,545.24 at 12:15 p.m. ET on November 9, up 2.28% from Friday's close.
- Market coverage linked the advance to falling oil prices and a rebound in technology and semiconductor shares after last week's sell-off.
- Investors were also watching Nvidia-related uncertainty, Federal Reserve signals and the October consumer price index due Tuesday.
The S&P 500 recovered sharply in midday trading on Monday, November 9, after last week's technology-led sell-off. The index stood at 7,545.24 at 12:15 p.m. Eastern Time, equivalent to 6:15 p.m. Berlin time, according to World Money Roadmap. That was 168.38 points, or 2.28%, above the S&P 500's close of 7,376.86 on Friday, November 6. The U.S. session was still in progress, so the level was an intraday reading rather than a closing value.
Oil and technology shares support rebound
Market coverage attributed the early recovery to a sharp decline in crude prices and renewed buying in large technology and semiconductor stocks. World Money Roadmap reported December WTI crude at 87.67 US dollars a barrel, down 3.48%, at about 12:15 p.m. ET. The same report said semiconductor shares rebounded after the previous week's heavy losses, while Nvidia remained weaker as its board investigated reports involving Chief Executive Jensen Huang.
Charles Schwab described the move as a broad early rebound after Wall Street's worst week in 19 months. Its market update said lower crude prices and lower yields helped the major indexes, while Nvidia lagged the wider technology group. These factors provide context for the S&P 500's intraday direction but do not establish a single cause for the index move.
Last week's losses remain significant
The rebound followed a 2.68% weekly decline through November 6. According to Oppenheimer Asset Management, the previous week's retreat was driven by sharp declines in energy and technology shares after the U.S. midterm election outcome. Oppenheimer also reported that 88% of S&P 500 companies had released third-quarter results, with earnings up 26.2% year over year and revenue up 13.2% among the reporting companies.
CPI is the next major test
Investors were looking ahead to the October Consumer Price Index, scheduled for Tuesday morning at 8:30 a.m. ET, as well as Federal Reserve speakers and further corporate earnings. The inflation report could influence expectations for the Fed's next policy steps, particularly after October payroll growth exceeded forecasts. A stronger or weaker final S&P 500 close could therefore differ materially from the midday reading.
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