Nvidia Shares Fall Even as a Wall Street Rally Lifts the Nasdaq: What the Jensen Huang Probe, the Index Data and the Conflicting Figures Show
- November 10, 2026
- Posted by: Ankit Jaiswal
- Category: News
On 9 Nov 2026 the Dow rose 2.15%, S&P 500 2.35%, Nasdaq 2.74%. Nvidia fell about 4.2% after a board probe of CEO Huang; Mint figures of 9%, 6% and 3% differ from closing data.
Quick Answer
Nvidia shares fell about 4% on 9 November 2026 while the Wall Street rally lifted the Dow 2.15%, the S&P 500 2.35% and the Nasdaq 2.74%. Mint headlines say 9% and 6% for Nvidia and over 3% for the Nasdaq; Reuters and CNBC show smaller closing moves.
Nvidia shares fell on Monday 9 November 2026 even as a broad Wall Street rally lifted the Dow, the S&P 500 and the Nasdaq after the previous week’s AI sell-off. Nvidia’s board opened an investigation into CEO Jensen Huang’s relationship with a businesswoman whom US intelligence agencies allege is a Chinese spy, according to CNBC. Mint’s two headlines give different drops for Nvidia, and its Nasdaq figure is higher than the closing data. This article sets out the numbers, flags each conflict and avoids any forecast.
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Wall Street Rally: Index Data for 9 November 2026
| Wall Street rally: index | Close and move | Source and note |
|---|---|---|
| Nvidia shares: dow Jones Industrial Average | 52,389.75, up 1,104.02 points or 2.15% | CNBC; Reuters |
| Nvidia shares: S&P 500 | 7,549.94, up 2.35% | Best day since 8 April; about 3.4% below its record per AP |
| Nvidia shares: nasdaq Composite | 25,253.14, up 2.74% | Mint says over 3%; closing data shows 2.74% |
| Nvidia shares: sector breadth | All 11 S&P sectors rose; industrials and consumer discretionary up over 3% | Reuters |
| Nvidia shares: advancers to decliners | About 4.06 to 1 on the NYSE | Reuters |
| Nvidia shares: brent crude | Down about 5.85% to $92.57 | CNBC |
The Wall Street rally followed the S&P 500’s biggest weekly drop since April 2025. Oil prices fell after President Donald Trump downplayed renewed strikes on Iran, which eased inflation worries, per Reuters. Not every report agrees on the Nasdaq or Nvidia size, so figures here use closing data and are time-stamped. For the Indian market context, see the Nifty 50 and the Sensex.
Nvidia Shares: The Move and the Conflicting Figures
| Nvidia shares: item | Reading | Source and note |
|---|---|---|
| Wall Street rally: mint main headline | Plunges 9% | Not matched by closing data I found |
| Wall Street rally: mint sibling headline | Falls 6% | Close to Frankfurt trading, which was down over 6% early |
| Wall Street rally: pre-market | Down about 5% | CNBC |
| Nvidia shares: close, Reuters | Down about 4.2%, lowest since 7 April | Sole decliner in the semiconductor index |
| Wall Street rally: close, other reports | Down 4% to 4.27% | Several outlets |
| Wall Street rally: analyst consensus | 33 analysts rate Strong Buy | TipRanks via BigGo; an opinion |
The 9% and 6% in Mint’s headlines look like intraday or foreign-listing readings, while the close was about 4.2%. I cannot confirm which reading Mint used, so I flag the gap and rely on the Reuters close. The share price level in dollars is not stated here because I could not verify a reliable figure.
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The Jensen Huang Board Investigation: What Is Known
| Jensen Huang probe: point | What is reported | Status |
|---|---|---|
| Wall Street rally: trigger | Nvidia’s board opened an investigation into the CEO’s relationship with a businesswoman | Announced Sunday 8 November |
| Allegation | US intelligence agencies allege she is a Chinese spy | CNBC; an allegation, not a finding |
| Company role | Huang is co-founder and CEO and central to partnerships | Public record |
| Outcome | Not known | Wait for the board’s findings |
| Next catalyst | Nvidia earnings on 17 November | 24/7 Wall St |
These are allegations and an internal review, not findings, and I do not draw a conclusion about any person. Investors react to the uncertainty about leadership, which is why the stock fell on a day when every other chip stock rose. A clear board statement or the 17 November earnings could change the picture, but neither is certain.
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Why Chip Stocks Rose While Nvidia Shares Fell
| Chip stock on 9 November | Move | Note |
|---|---|---|
| Broadcom | Up about 8.8% | Largest contributors with AMD |
| AMD | Up about 13.3% | Google Cloud deal and an upgrade |
| Philadelphia Semiconductor Index | Up about 5% to 7% | Sources differ |
| Nvidia | Down about 4.2% | Leadership probe |
The rebound followed a sell-off linked to the US midterm results and concern that a Democratic Congress could slow AI data centre building. That concern was not resolved over the weekend, so the rally may not last. Indian technology stocks such as the names in the Nifty IT index often take cues from US sentiment, though their earnings come from services.
Risks After the Wall Street Rally
| Risk after the Wall Street rally | Why it matters |
|---|---|
| Rebound that fades | The main worry behind the sell-off was unresolved |
| Inflation and rates | Hot jobs data raised December rate-hike odds to 78%, per one report |
| Nvidia leadership uncertainty | A probe at the sector bellwether can weigh on sentiment |
| Oil price swings | Brent moved almost 6% in a day |
| Event risk | US inflation data and Nvidia earnings are close |
A 2% day does not remove these risks, and the Dow remained below some earlier highs. Treat the Wall Street rally as one data point. Check your own exposure to US markets and the currency effect before acting.
Conclusion
Nvidia shares fell about 4% on 9 November 2026 while a Wall Street rally lifted the Dow 2.15%, the S&P 500 2.35% and the Nasdaq 2.74%. Mint’s 9%, 6% and over 3% figures differ from closing data, and the Huang probe has no outcome yet. Verify with the exchange data and consult a SEBI-registered adviser before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Nvidia Shares
Why did Nvidia shares fall on 9 November 2026?
Ans. Nvidia's board opened an investigation into CEO Jensen Huang's relationship with a businesswoman whom US intelligence agencies allege is a Chinese spy, per CNBC. The probe has no outcome yet, and the stock fell about 4.2% at the close.
How much did Nvidia shares drop?
Ans. Reuters reported a close down about 4.2%, the lowest since 7 April. Mint's headlines say 9% and 6%, which appear to be intraday or foreign-listing readings, so the closing figure is the safer reference.
How much did the Wall Street rally add to the indices?
Ans. The Dow rose 1,104.02 points or 2.15% to 52,389.75, the S&P 500 rose 2.35% to 7,549.94 and the Nasdaq Composite rose 2.74% to 25,253.14. Mint says the Nasdaq rose over 3%, which does not match the close.
What caused the Wall Street rally?
Ans. Reuters links it to a fall in oil prices that eased inflation fears and a rebound in technology shares after the AI sell-off. Industrials and consumer discretionary stocks rose more than 3% each.
Why did other chip stocks rise when Nvidia shares fell?
Ans. Broadcom rose about 8.8% and AMD about 13.3% as the chip sector rebounded from a steep drop. Nvidia's fall came from a company-specific probe, not a sector move.
What is next for Nvidia?
Ans. The board investigation has no stated end date, and Nvidia is due to report earnings on 17 November, per one report. Watch for any board statement, as an outcome could move the stock either way.
Does the Wall Street rally affect Indian markets?
Ans. It can influence sentiment at the next open, but the effect on the Nifty and the Sensex is not fixed. Indian markets were closed on 10 November and reopen on 11 November, so any reaction is not known yet.
Should I buy Nvidia shares after the fall?
Ans. Univest does not recommend any security. A holder can review cost and position size, and a new buyer can wait for the board's findings and the earnings. A SEBI-registered adviser can advise on personal goals and risk.
