newsmetry
rusign inget started
macro

US stocks close lower as Nvidia leadership exit and oil rally weigh on markets

According to Stocktwits, US indices ended Thursday lower amid Nvidia's leadership turmoil and higher oil, though futures recovered after the close.

published on Newsmetry
original source published

the same feed is available to bots and dashboards through the api. connect the api →

Newsmetry newsroom

what happened

US stock indices finished lower on Thursday as Nvidia dealt with a leadership crisis. According to Stocktwits, CEO Jensen Huang stepped down after allegations of inappropriate relationships, including one with an individual suspected by American intelligence of covert ties to Beijing, and another with an Nvidia employee. The S&P 500 fell 0.4%, the Nasdaq 100 lost 0.3%, the Dow Jones dropped 0.4%, and the small-cap Russell 2000 slid 1.7%.

Oil added to the pressure. After President Donald Trump said in a Truth Social post that the United States no longer needed a deal with Iran, WTI crude rose 2.55% to $88.74 a barrel and Brent gained 3.3% to $95.82. Index futures recovered after hours, with S&P 500 futures up about 0.2% and Nasdaq-100 futures up 0.3%. AMD and Broadcom rose during the session, and some investors argued Huang's exit could open opportunities for rival chipmakers.

why it matters

Two forces matter for markets now: geopolitical risk pushing oil higher, and heavy AI spending by large technology companies that weighs on cash flows and investor sentiment. The sharper drop in the Russell 2000 suggests caution spread beyond big tech shares.

market impact

US stocks and oil: Brent rising on Iran comments, tech pressured by Nvidia turmoil

  • Brent pressure up — Trump's remarks on Iran pushed oil prices higher
  • S&P 500 and Nasdaq 100 pressure down — Nvidia's leadership crisis and higher oil weigh on the tech sector

tags

Futures

instruments

S&P 500 ↗Nasdaq 100Dow JonesBrentWTI ↗Nvidia ↗

on polymarket

Will S&P 500 (SPX) hit $5,800 (LOW) in December?3.7%Will S&P 500 (SPX) hit $6,200 (LOW) in December?5.2%Will the S&P 500 have the best performance in 2026?89%

sources

  1. S&P 500, Dow, Nasdaq Futures Recover After Markets End Lower On Jensen Huang’s Exit, Oil Price Pressure — CRWV, CBRS, NVDA, TSLA In Focus — Stocktwits, 13 November 2026 at 00:19 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

alerts on your topics, the morning digest and the api — in your account.

get stories in real time ↗

related stories