The scoreboard: Stocks opened lower and stayed in the red through the close after a hotter-than-expected inflation report. The S&P 500 fell 0.38% (-29.01) to 7,520.93, the Dow Jones Industrial Average slipped 0.30% (-157.86) to 52,231.89, and the tech-heavy Nasdaq Composite dropped 0.74% (-187.26) to 25,065.88. The Russell 2000 lost 0.68%. The pullback gave back part of Monday's sharp rally, when the S&P 500 posted its best day in seven months.
Inflation runs hotter than expected: The Bureau of Labor Statistics said consumer prices rose 0.4% in October from September — cooler than September's 0.6% gain but above the 0.3% economists expected, led by shelter, food and energy. Core CPI, excluding food and energy, rose 0.3%, also above forecasts. Fed Governor Christopher Waller said a half-point hike "should be considered," and CME FedWatch data showed traders pricing roughly 90% odds of a quarter-point hike in December and about 10% odds of a half-point move.
Yields jump: Treasury yields climbed to their highest levels since late October. The 2-year yield rose about 19 basis points to 4.736%, the 10-year added about 13 basis points to 4.992%, and the 30-year rose to 5.352%. Rising yields weighed most on rate-sensitive tech stocks. Gold futures fell more than 2% to just above $4,000 an ounce. The bond market is closed Wednesday for Veterans Day, but stocks will trade normally.
Anthropic IPO terms weigh on AI names: In an updated filing, Anthropic said it plans to sell 825 million Class A shares at $70 to $78 each. At the top of the range, that implies a valuation of about $1.405 trillion — below the roughly $2 trillion many had anticipated — adding to pressure on already-battered AI stocks. Trading could begin as early as next week.
Nvidia (NVDA): Fell about 5% for a second straight decline, making it the Dow's worst performer again, as the board's investigation into CEO Jensen Huang's relationship with an executive U.S. officials have classified as a Chinese spy dragged on. The stock is down nearly 30% since early October.
Hims & Hers Health (HIMS): Fell as much as 15% after the telehealth company issued a weaker-than-expected fourth-quarter revenue forecast and reported gross margin dropping to 57% from 74% a year earlier.
Crypto-linked stocks: Coinbase (COIN) and Strategy (MSTR) each slid about 4% during the session, while Robinhood (HOOD) fell more than 3%.
지수 마감: 11월 10일(화) 뉴욕 증시는 예상보다 높은 물가 지표에 하락 마감했습니다. S&P 500은 0.38%(-29.01) 내린 7,520.93, 다우존스 산업평균지수는 0.30%(-157.86) 내린 52,231.89, 나스닥 종합지수는 0.74%(-187.26) 내린 25,065.88을 기록했습니다. 전날의 급반등분 일부를 반납했습니다.
주요 요인 – 예상 웃돈 CPI: 10월 소비자물가지수(CPI)는 전월 대비 0.4% 올라 시장 예상치(0.3%)를 웃돌았고, 근원 CPI도 0.3% 상승했습니다. 월러 연준 이사가 0.5%p 인상도 "고려해야 한다"고 밝히면서 12월 금리 인상이 사실상 기정사실화됐고, 2년물 국채금리는 약 4.74%, 10년물은 약 4.99%로 급등해 기술주에 부담을 줬습니다. 금 선물은 2% 넘게 하락했습니다. 수요일 재향군인의 날에는 채권시장만 휴장합니다.
앤트로픽 IPO: 앤트로픽이 주당 70~78달러에 8억2,500만 주를 공모할 계획이라고 밝혔으며, 상단 기준 기업가치는 약 1조4,050억 달러로 시장 기대(약 2조 달러)보다 낮아 AI 관련주에 부담이 됐습니다.
주요 종목: 엔비디아는 젠슨 황 CEO 관련 이사회 조사 여파로 약 5% 하락하며 이틀 연속 다우 최약세 종목이 됐습니다. 힘스앤허스는 4분기 매출 전망 부진으로 장중 최대 15% 급락했고, 코인베이스와 스트래티지는 각각 약 4% 내렸습니다.
Sources: Google Finance (index closes), Kiplinger, Yahoo Finance. This article is for informational purposes only and is not investment advice.
