Nasdaq Composite recovers to a 0.1% gain at midday
Published on 11/12/2026 at 18:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNasdaq Composite recovers at midday
- The Nasdaq Composite was up 0.1% at around 12:56 p.m. Eastern Time on November 12.
- Earlier trading was pressured by Nvidia CEO Jensen Huang's resignation and renewed concerns about the artificial intelligence trade.
- The index had closed at 25,466.19 on November 11, gaining 1.60% after a chip-stock rebound.
The Nasdaq Composite recovered from an early sell-off and moved into positive territory during Thursday's midday trading. Yahoo Finance reported the Nasdaq Composite up 0.1% at around 12:56 p.m. Eastern Time, equivalent to 18:56 Berlin time. The move represents an intraday recovery rather than a completed-session result.
Early Nvidia shock weighs on technology
US stocks opened lower after Nvidia said Jensen Huang had resigned as president, chief executive officer and board member, with Chief Financial Officer Colette Kress taking over as interim CEO. Nvidia shares initially fell sharply, raising concerns about the leadership of a company that has been central to the artificial intelligence investment theme.
In a Reuters report published by Fidelity, the Nasdaq Composite was down 0.56% at 25,322.31 at 9:45 a.m. Eastern Time. The report attributed the early weakness to uncertainty surrounding Nvidia and higher oil prices. Nebius also lowered the tone in the AI group after indicating that its 2026 revenue would be at the low end of its previous forecast, while CoreWeave declined after its strong prior-session performance.
Wednesday's rebound sets the baseline
The Nasdaq Composite closed Wednesday, November 11, at 25,466.19, up 400.31 points or 1.60%. Nasdaq's official index overview lists that close and the same-day change. The prior advance followed stronger-than-expected results from CoreWeave and a broad rebound in semiconductor and other AI-linked shares.
Thursday's recovery from the opening losses shows that the market response remained uneven. Nvidia was still down about 5% after trimming a steeper decline, while some other technology companies gained. The Nasdaq's direction therefore continued to depend heavily on developments in the AI complex and on the market's assessment of inflation and interest-rate risks.
Focus remains on rates and AI
Investors were also looking ahead to US producer-price data due Friday after hotter-than-expected consumer-price data earlier in the week. Higher oil prices and expectations for further Federal Reserve tightening added another source of pressure for growth-oriented technology shares. The Nasdaq Composite remained in its regular US session, so a final assessment requires the official close after trading ends.
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