Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, U.S., on Friday, November 6, 2026. Michael Nagle | Bloomberg | Getty ImagesUSA Stock futures rose sharply early Tuesday as traders awaited a key report on consumer inflation. S&P 500 futures rose 0.16%, while futures linked to the Dow Jones Industrial Average rose 197 points, or 0.38%. Nasdaq-100 futures were little changed. In Asia, South Korea’s Kospi rose 4.3%, while Japan’s Nikkei 225 added 2.89%. Hong Kong’s Hang Seng Index rose 0.42% and the mainland’s CSI 300 added 0.26%. Australia’s S&P/ASX 200 gained 1.27%. During the regular US trading day, the Dow Industrials gained 1,104 points, or 2.2%, while the S&P 500 rose about 2.4%. The Nasdaq Composite rose 2.7%. Monday’s rally came after a tough week for markets, in which traders began to worry about a looming slowdown in data center construction after Democrats scored big victories in the midterm elections. While the tech sector rebounded in regular trading on Monday, Nvidia stayed out of the rally. Shares of the chipmaker fell 4% after Nvidia CEO Jensen Huang admitted on Sunday to having an affair with a woman who U.S. intelligence officials say, according to The New York Times, is a spy for China’s Ministry of State Security. The company’s board of directors also launched an independent internal investigation, noting recent reports that Huang “has been the target of a foreign intelligence effort.” Oil prices also fell on Monday, providing support to the market. US West Texas Intermediate futures stabilized with a drop of more than 4%, while Brent crude futures fell more than 5%. Investors are awaiting the October Consumer Price Index report due out on Tuesday. Economists surveyed by Dow Jones see the headline CPI rising at a rate of 0.3% and the core CPI, which excludes volatile food and energy costs, rising 0.2% from the previous month. This would mark a slowdown from September readings, when the headline CPI rose 0.6% and the core CPI advanced 0.3%. “We believe the slowdown in core CPI will stem from a reversal in housing prices, primarily owner-equivalent rentals and accommodation away from home. Similarly, stabilization in diesel prices should help calm price pressures on energy-intensive goods,” wrote Christopher Hodge, chief US economist at Natixis CIB Americas. Annual figures will not be provided for Tuesday’s report due to the government shutdown in 2025. At that time, the Bureau of Labor Statistics was unable to collect some data, meaning there is no comparable figure for the index.
