A trader works at the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, November 12, 2026. Michael Nagle | Bloomberg | Getty ImagesUSA Stock futures rose slightly on Friday, a day after major indexes fell and Nvidia shares fell following the departure of the chipmaker’s scandal-hit founder and CEO, Jensen Huang. Futures linked to the Dow Jones Industrial Average rose 68 points, or 0.1%. S&P 500 futures rose 0.2% and Nasdaq-100 futures advanced 0.1%. The Dow, S&P 500 and Nasdaq all retreated on Thursday, led by a 4.3% drop in Nvidia after Huang resigned from his position following allegations of extramarital affairs, including a relationship with a woman who U.S. intelligence officials believe is a Chinese spy. Analysts told CNBC that Huang’s departure could trigger a 20% correction in stocks. Nvidia CFO Colette Kress, who has worked at the company for more than a decade, will lead the chipmaker as interim CEO. The company’s board is searching, both internally and externally, for a full-time replacement for Huang. A jump in oil prices also kept stocks under pressure on Thursday, with Brent crude rising more than 3% on the day to settle at $95.82 a barrel. Oil rose after President Donald Trump said in a Truth Social post: “We don’t need an Iran deal.” The comment raised concerns that the war between the United States and Iran could drag on even longer. Another market catalyst awaits Friday in the form of the October producer price index reading, a measure of wholesale inflation. Economists surveyed by Dow Jones predict an increase in the general PPI of 0.4% in the month and 6.6% compared to the previous year. Even with the latest bout of market turbulence, the major averages are headed for weekly gains. The Nasdaq is up 3.2%, while the S&P 500 is on track to advance 2.9%. The Dow Jones is poised for a nearly 2% jump. All three indices are on track to post their best weekly results since early August.
