Dow Jones Top Markets Headlines at 7 PM ET: U.S. Stocks Down as Huang Ouster Sends Shockwaves Through Tech | Jensen ...

U.S. Stocks Down as Huang Ouster Sends Shockwaves Through Tech

U.S. stocks slipped after the sudden ouster of one of the key architects of the artificial-intelligence boom sent shockwaves through the technology sector.

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Jensen Huang Has Been Ousted as Nvidia CEO

Nvidia Chief Executive Jensen Huang has resigned after two extramarital affairs, including one with a suspected Chinese spy and another with an employee.

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Trump Reverses Course on Iran, Tells Vance to Focus on U.S. Crime

He previously said he was open to the vice president restarting talks with Tehran, but now says a deal isn't necessary.

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Federal Reserve to Forgo Rate Decision at October 2027 Meeting

The central bank's proposed schedule calls for eight meetings in 2027, as is typical, but notes that the meeting slated for late October will not include a policy decision.

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Home Sales in October Plummet to 16-Year Low

Sales of existing homes declined 5.5% from the previous month, dropping the level of sales to the lowest point since the subprime crisis period.

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Treasury Selloff Accelerates, European Bonds Follow Suit

The selloff in Treasurys accelerated as Federal Reserve officials spoke about their path to lower inflation through higher interest rates.

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Oil Prices Rebound as Trump Questions Need for Iran Deal

Oil prices rebounded from initial losses and closed higher after President Trump said the U.S. doesn't need a deal with Iran, putting some risk premium back into the market.

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U.S. Jobless Claims Rise More Than Expected in the Week

The number of people who filed for unemployment benefits was 200,000 in the week through Nov. 7, higher than the revised 191,000 of a week earlier as well as economists' expectations of 195,000 new claims.

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U.S. Crude-Oil Stockpiles Post Unexpected Weekly Build

Commercial crude-oil inventories rose by 4.7 million barrels to 414.4 million barrels, the EIA said. Inventories were expected to have fallen by 700,000 barrels, according to a Wall Street Journal survey of analysts.

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U.K. Economy's Resilience Continues, Boosted by AI Investment

Gross domestic product grew 0.7% in the third quarter, the strongest quarterly expansion since the first quarter of 2024.

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Strategy, the World's Biggest Corporate Bitcoin Holder, to Be Dropped From MSCI Indexes

Strategy stock dropped premarket after MSCI ruled the company ineligible for its global indexes.

(END) Dow Jones Newswires

November 12, 2026 19:00 ET (00:00 GMT)