US stocks slip on Nvidia worries as dollar index hits highest since April 2025
US stock indexes mostly fell on Friday as tech shares sold off after Nvidia CEO Jensen Huang's resignation, while the dollar index reached a 19-month high.
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what happened
US stock indexes mostly fell on Friday as technology shares sold off on concerns about Nvidia. The dollar index rose to 103.40, its highest level since April 2025, Reuters reported.
Jensen Huang's resignation as Nvidia CEO, announced on Thursday, could have far-reaching consequences for US chip export policy and the wider AI industry. The Financial Times reported that Nvidia's board has approached Arm Holdings CEO Rene Haas as it searches for a successor.
The two-year US Treasury yield posted its largest weekly rise in more than two years. Traders are betting on faster interest rate increases by the Federal Reserve after inflation data. CME Group's FedWatch Tool shows an 11% probability of a 50-basis-point hike at the Fed's December 8-9 meeting.
why it matters
For markets, rising rate expectations support the dollar and pressure growth stocks and bonds. Still, the week ended with gains for the three major US stock indexes and the STOXX 600.
market impact
US tech and Nvidia: the sell-off and leadership uncertainty weigh on shares; dollar: hawkish Fed expectations support the currency
- US dollar pressure up — expectations of tighter Fed policy support the currency
- US technology shares pressure down — sell-off driven by uncertainty over Nvidia's leadership
- US 2-year Treasuries pressure down — rising rate expectations push bond prices lower
tags
instruments
on polymarket
sources
- Stocks mostly ease with tech, Nvidia concerns; airline shares fall late in session — Reuters, 13 November 2026 at 23:42 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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