Traders work at the New York Stock Exchange in New York City, USA, November 10, 2026.Brendan McDermid | ReutersNasdaq-100 futures fell on Wednesday night as Nvidia shares fell following a report that the chip giant’s board is preparing to oust CEO Jensen Huang. Futures linked to the tech-heavy Nasdaq-100 lost 0.8%, while S&P 500 futures fell 0.4%. Dow Jones Industrial Average futures were little changed. Japan’s Nikkei 225 rose slightly during choppy trading on Thursday. South Korea’s Kospi, dominated by suppliers Nvidia, Samsung and SK Hynix, fell 0.35%. Hong Kong’s Hang Seng Index fell 1.03%, while China’s CSI 300 was little changed. Australia’s S&P/ASX 200 fell 0.31%. In expanded U.S. operations, sales resumed at Nvidia after The New York Times reported that Huang had an extramarital affair with a company executive. The Wall Street Journal also reported that Nvidia’s board of directors is preparing to remove Huang from his position. Shares last fell about 8%. In regular trading, the Dow Jones rose nearly 255 points, or 0.5%. The S&P 500 advanced 1.3% and the Nasdaq Composite jumped 1.6%. The gains were boosted by a post-earnings advance in CoreWeave and a rally in Nvidia. Investors are weighing whether the AI-driven rally has more room to continue given Nvidia’s recent weakness, while CoreWeave’s better-than-expected results and improved revenue outlook reinforced the long-term growth story heading into Thursday’s session. AI enthusiasm may be driving markets, with an additional boost from Anthropic’s upcoming initial public offering. However, macroeconomic and political risks justify being selective rather than chasing performance, according to Sameer Samana, head of global equities and real assets at Wells Fargo Investment Institute. “We would be a little cautious about the recovery, as there are some things that are changing on the margin.” [like] Persistent inflation, more Fed rate hikes, higher long-term interest rates, Washington DC setup change [and] “Lately, the stock market has been locked in a fierce battle between the hope of AI and the fear around interest rates and inflation,” he said. “There doesn’t seem to be much in between, and something may have to give.” Outlook On Thursday, the market will receive initial jobless claims data at 8:30 a.m. ET, followed by existing home sales at 10 a.m.
