A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Nov. 12, 2026. <\/p>\n
Michael Nagle | Bloomberg | Getty Images<\/p>\n
U.S. equity futures rose Thursday evening after major indexes dipped and Nvidia<\/a> shares fell, following the exit of its founder and CEO Jensen Huang amid an ongoing scandal.<\/p>\n Futures tied to the Dow Jones Industrial Average<\/a> added 166 points, or 0.3%. S&P 500 futures<\/a> gained 0.4%, while Nasdaq-100 futures<\/a> advanced 0.6%.<\/p>\n The action comes after the Nasdaq Composite<\/a> and S&P 500<\/a> dropped about 0.4% each in regular trading. The Dow slid almost 190 points, or 0.4%. Nvidia’s 4.3% decline dragged down the three major averages, even as the chip stock ended the session off its lows.<\/p>\n Asia-Pacific markets were mixed Friday, with South Korea’s Kospi<\/a> leading gains in the region, up 1.98%. Japan’s Nikkei 225<\/a> rose 1.74% while Australia’s S&P\/ASX 200<\/a> dropped 0.62%. Hong Kong’s Hang Seng index<\/a> was down 0.58%, and mainland China’s CSI 300 on mainland China was 0.22% lower. <\/p>\n On Thursday, Huang stepped down<\/a> from his post at the chip company following reported extramarital affairs<\/a>, including a relationship with a woman U.S. intelligence officials believe is a Chinese spy. Analysts told CNBC<\/a> that Huang’s exit could trigger a 20% correction in the stock.<\/p>\n Nvidia’s chief financial officer Colette Kress<\/a>, who’s worked at the company for more than a decade, will lead the chipmaker as interim CEO. The company’s board is looking both internally and externally for a full-time replacement for Huang.<\/p>\n A jump in oil prices<\/a> also kept stocks under pressure Thursday, with Brent crude rising more than 3% on the day to settle at $95.82 a barrel. Oil climbed after President Donald Trump said in a Truth Social post<\/a>, “We don’t need a deal with Iran.” The comment raised concerns that the U.S.-Iran war could drag on further.<\/p>\n Another market catalyst awaits on Friday in the form of October’s producer price index reading, a measure of wholesale inflation. Economists polled by Dow Jones see headline PPI rising 0.4% on the month and 6.6% from 12 months earlier.<\/p>\n Even with the latest bout of market turbulence, the major averages are heading for weekly advances. The Nasdaq is up 3.2%, while the S&P 500 is on pace for a 2.9% advance. The Dow is poised for a nearly 2% jump. All three indexes are heading for their best weekly performances since early August.<\/p>\n","protected":false},"excerpt":{"rendered":"A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on…\n","protected":false},"author":2,"featured_media":915646,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[338314,377931,2473,116,37246,28,122,277950,320188,63284,120,8070,214220,214219,297747,7174,112,1536,63286,121,7173,94976,63285,117,8071,17760,114,13951,21],"class_list":["post-915645","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-lco27f","tag-lco27j","tag-advanced-micro-devices-inc","tag-breaking-news-markets","tag-broadcom-inc","tag-business","tag-business-news","tag-cerebras-systems-inc","tag-direxion-daily-semiconductor-bear-3x-shares","tag-dow-jones-fut-sep25","tag-dow-jones-industrial-average","tag-hang-seng-index","tag-invesco-qqq-trust","tag-ishares-semiconductor-etf","tag-jen-hsun-huang","tag-kospi-index","tag-markets","tag-microsoft-corp","tag-nasdaq-100-fut-sep25","tag-nasdaq-composite","tag-nikkei-225-index","tag-nvidia-corporation","tag-sp-500-fut-sep25","tag-sp-500-index","tag-sp-asx-200","tag-spdr-sp-500-etf-trust","tag-stock-markets","tag-suppress-zephr","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/915645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=915645"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/915645\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/915646"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=915645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=915645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=915645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}