S&P 500 recovers to 7,634.66 in choppy Thursday trading
Published on 11/12/2026 at 18:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSIndex steadies after sharp reversal
- The S&P 500 stood at 7,634.66 at 17:38 Berlin time on Thursday, up 0.20% from Wednesday's close.
- The index initially fell after Nvidia CEO Jensen Huang resigned, but later recovered as technology shares trimmed losses.
- Investors are also awaiting Friday's Producer Price Index for further signals on inflation and Federal Reserve policy.
The S&P 500 recovered from an early Thursday decline and traded at 7,634.66 at 17:38 Berlin time, according to The Economic Times. The level was 15.28 points, or 0.20%, above Wednesday's close of 7,619.38. The report time corresponds to 17:38 in Berlin, placing the figure within the configured Europe-close and US intraday window.
Early selling gives way to recovery
The index opened at 7,550.84, down 0.90%, before regaining ground. The market's initial weakness followed Nvidia's announcement that Jensen Huang was stepping down as chief executive and that Chief Financial Officer Colette Kress would serve as interim CEO, according to The Economic Times. The development intensified existing uncertainty around the artificial-intelligence investment theme, in which Nvidia has been a central company.
By the reported update, the broader benchmark had steadied despite continued volatility in technology shares. The Economic Times also reported that Nvidia had fallen sharply at the open before trimming some of its losses. AMD shares moved higher as investors considered whether Nvidia's leadership turmoil could create a competitive advantage for rivals, although that stock-specific move does not by itself determine the direction of the index.
Inflation remains the next policy test
Investors are preparing for Friday's Producer Price Index. A Reuters report carried by The News Tribune said traders were treating a December Federal Reserve rate increase as highly likely and saw about a 10% chance of a larger 50-basis-point move. The same report noted that higher oil prices and the prospect of persistent inflation were adding to the cautious tone.
For investors, the session showed a split between pressure on AI-linked technology shares and support from other parts of the market. The 7,634.66 reading was an intraday level rather than a closing value, so the final balance between the Nvidia-related shock, interest-rate expectations and broader sector demand remained unresolved.
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