Wall Street jumps Monday, November 9, 2026, as the Dow Jones gained 1,104.02 points (+2.2%) to close at 52,389.75, according to the Associated Press. The S&P 500 rose 2.3% and the Nasdaq Composite climbed 2.74%, while Brent crude fell sharply below the $93-a-barrel mark.
US indexes erase part of the previous week’s selloff
According to the Associated Press, the Dow Jones Industrial Average gained 1,104.02 points, or 2.2%, to close at 52,389.75 on Monday. The agency notes this was the second straight day of gains after a selloff the previous week, driven by concerns over a possible slowdown in the construction of artificial intelligence data centers following Democratic wins in the midterm elections.
The S&P 500 jumped 2.3% on Monday, its best session since April 8, 2026, according to the same source. CNBC confirms that the Nasdaq Composite closed up 2.74% at 25,253.14. CNBC also notes that with this rebound, the Dow Jones moved back above its Election Day closing level, while the S&P 500 and the tech-heavy Nasdaq remain slightly below that threshold.
In individual stock news, CNBC reports that Nvidia’s board opened an investigation on Sunday into CEO Jensen Huang’s relationship with a businesswoman whom US intelligence services describe as a Chinese spy. CNBC notes that Nvidia shares closed down 4% on Monday.
Brent and WTI fall sharply Monday
Brent crude fell 5.85% Monday to close at $92.57 a barrel, according to CNBC. WTI dropped 4.38% to settle at $86.85 a barrel at the close. CNBC reports this double decline without detailing the precise microeconomic causes in its market recap.
| Indicator | Close on November 9, 2026 | Change |
|---|---|---|
| Dow Jones | 52,389.75 points | +2.2% |
| S&P 500 | – | +2.3% |
| Nasdaq Composite | 25,253.14 points | +2.74% |
| Brent | $92.57 a barrel | -5.85% |
| WTI | $86.85 a barrel | -4.38% |
Shipping traffic in the Strait of Hormuz remains sharply reduced, UKMTO says
According to the latest weekly report from UKMTO (UK Maritime Trade Operations), the official maritime authority, shipping traffic in the Strait of Hormuz remains well below normal but has not stopped entirely. The same report, relayed by Gulf News, lists at least 11 vessels attacked in and around the strait during the week ending November 6, three of which sank. Iranian claims of new strikes are also circulating, but these are not confirmed by UKMTO itself and must be treated as unverified at this stage, separate from the traffic and incident figures the organization has actually validated.
For context on previous episodes in this area, you can continue reading with the November 9, 2026 briefing on the attacks in the Strait of Hormuz and the November 8, 2026 briefing on the incidents in the Gulf.
Today’s agenda: October CPI due at 8:30 AM ET
The Bureau of Labor Statistics will release the October 2026 Consumer Price Index (CPI) this Tuesday, November 10, 2026, at 8:30 AM ET, according to its own official release calendar. The BLS, as the issuing institution, has not communicated an expected index level or analyst consensus at this stage: these figures do not appear on its calendar page and therefore cannot be announced in advance.
To better understand the orders used during periods of market volatility, you can read our article on market orders versus limit orders.
Frequently asked questions
Why did Wall Street jump Monday, November 9, 2026?
According to the Associated Press, this rebound followed a selloff the previous week, driven by concerns over a possible slowdown in the construction of artificial intelligence data centers. The S&P 500 posted its best session since April 8, 2026, though the agency does not detail any further microeconomic cause.
Why did Brent fall below $93 a barrel on Monday?
CNBC reports that Brent fell 5.85% to close at $92.57 a barrel, and WTI dropped 4.38% to $86.85, but the article does not detail the precise causes of this move. The decline coincides with a UKMTO report describing a still tense, though not entirely halted, situation in the Strait of Hormuz.
Has traffic in the Strait of Hormuz stopped?
No. According to UKMTO, shipping traffic remains well below normal but has not stopped. The same report lists at least 11 vessels attacked in and around the strait during the week ending November 6, 2026, three of which sank.
What time is the October CPI released this Tuesday?
The Bureau of Labor Statistics releases the October 2026 Consumer Price Index at 8:30 AM ET, according to its official release calendar. No expected level or consensus is communicated by the BLS itself before that time.