U.S. stock markets closed mixed on Friday (November 13, 2026), with most major indices weakening as selling pressure returned to semiconductor stocks. The S&P 500 fell 0.4% and the Nasdaq Composite dropped 1.2%, while the Dow Jones Industrial Average managed a slight gain of 51 points. This weakness reflects investor caution regarding the outlook for the artificial intelligence (AI) industry, particularly ahead of Nvidia’s earnings report next week.
Shares of chipmakers served as the primary drag on the market, amid concerns over corporate governance and increased regulatory scrutiny regarding the export of U.S. technology to China. Nvidia fell 2%, Broadcom plunged 4.9%, AMD slid 8.7%, and Micron declined 2.5%. Cisco shares also lost 6.2%, despite the company raising its fiscal year 2027 performance outlook, while Applied Materials corrected downward by 2.8% despite posting record revenue. These conditions indicate that investor concerns regarding risks in the technology sector continue to temper positive reactions to corporate performance.
Market pressure was further compounded by U.S. Producer Price Index (PPI) data, which showed that high energy costs remain a burden on several industrial sectors, thereby sustaining expectations for interest rate hikes by the Federal Reserve. Nevertheless, Wall Street still recorded a positive weekly performance, with the S&P 500 rising 1.4%, the Nasdaq 100 climbing 2.1%, and the Dow Jones gaining 472 points over the week. Investors are now closely monitoring Nvidia’s earnings, developments in AI regulation, and the direction of the Federal Reserve’s monetary policy to gauge the sustainability of the stock market recovery.
Source: Newsmaker.id