Dow Jones up 0.23% as Nvidia leadership shock rattles AI trade
Published on 11/12/2026 at 18:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDow trades higher amid AI uncertainty
- The Dow Jones Industrial Average stood at 52,609.03 at 6:33:51 p.m. Berlin time on Thursday, November 12, with the US session still open.
- The index was up 122.54 points, or 0.23%, against Wednesday's close of 52,486.49.
- Investors were weighing Nvidia CEO Jensen Huang's immediate resignation, which sent Nvidia shares lower and kept pressure on the AI trade.
The Dow Jones Industrial Average was trading higher on Thursday, November 12, as US investors assessed renewed uncertainty around the artificial-intelligence sector. At 6:33:51 p.m. Berlin time, corresponding to 12:33:51 p.m. Eastern Time, the index stood at 52,609.03, up 122.54 points, or 0.23%, from Wednesday's close. The New York session was still open at that time, according to Yahoo Finance.
Nvidia leadership change weighs on sentiment
The main market focus was Nvidia. Yahoo Finance reported that Jensen Huang had resigned as the company's president, chief executive officer and board member with immediate effect. Nvidia's board named Chief Financial Officer Colette Kress interim chief executive until a permanent successor is selected.
Nvidia shares were down 4.92% at the same market snapshot cited by Yahoo Finance. The report said the semiconductor company had initially fallen more sharply before paring losses, while other technology and chip stocks showed a mixed response. Intel and Micron were lower, whereas AMD was higher. That divergence left the Dow's advance notably more measured than a straightforward broad-based technology rally.
Inflation and rates remain in focus
Investors were also tracking the implications of stronger-than-expected inflation data for Federal Reserve policy. Yahoo Finance said analysts had been adjusting expectations for further interest-rate increases after Tuesday's consumer-price report, while the 10-year Treasury yield remained near 5.0%. Higher yields can weigh on borrowers and other risk-sensitive assets, adding another source of caution even as the Dow remained above its previous close.
The market was entering Thursday's session from a firmer base. The Dow had closed Wednesday at 52,486.49, gaining 254.60 points, or 0.49%, according to Anadolu Agency. The previous session's rebound had been supported by a recovery in Nvidia and other chipmakers, making Thursday's leadership shock a fresh test for that recovery.
With the US session unfinished, the intraday level did not represent a closing result. The Dow's performance could therefore still change before the New York market completes trading. Further coverage of the index is available on the Dow Jones topic page.
