Markets
Wall Street rallies with the S&P 500 up 1.3%; Brent rises to $92.76 after Iran says its uranium stays home
Chip stocks led US gains on Wednesday before Nvidia slid after hours; oil climbed on Iran's hard line.
In short
$92.76Brent settlement, 11 November
- S&P 500: 7,619.38 (+1.31%)
- Nasdaq: 25,466.19 (+1.60%)
- Brent: $92.76 (+1.39%)
US stocks
On 11 November the S&P 500 rose 1.31% to 7,619.38, the Nasdaq gained 1.60% to 25,466.19 and the Dow added 0.49% to 52,486.49. Chip stocks led after strong results from CoreWeave. After the close, Nvidia fell about 8.6% on reports about its CEO (see Startups & Brands).
Oil
Brent crude settled $1.27 (1.39%) higher at $92.76 a barrel after Iran said enriched uranium would not leave the country and that the Strait of Hormuz stays closed. Brent had settled at $91.49 the day before, its lowest since August.
