Nasdaq Composite falls 0.74 percent to 25,065.87 as inflation pressures tech shares
Published on 11/10/2026 at 22:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNasdaq ends two-day rebound
- The Nasdaq Composite closed Tuesday at 25,065.87, down 0.74 percent from Monday's close.
- Hotter-than-expected October inflation increased concerns about further Federal Reserve tightening.
- Technology stocks, including Nvidia, weighed on the index as rate-sensitive shares retreated.
The Nasdaq Composite closed Tuesday, November 10, 2026, at 25,065.87, down 187.26 points, or 0.74 percent, from Monday's close of 25,253.14. The decline ended the index's two-day winning streak after last week's sharp technology-led sell-off.
Inflation revives rate concerns
According to Morningstar, citing Dow Jones Market Data and FactSet, the closing level was based on preliminary market data. The move followed the release of October consumer-price data showing headline inflation rose 0.4 percent month over month, above the 0.3 percent economist estimate cited by Reuters. Core inflation increased 0.3 percent.
Technology shares under pressure
Reuters reported that the inflation figures strengthened expectations for at least a 25-basis-point Federal Reserve rate increase in December. Federal Reserve Governor Christopher Waller also said the central bank should raise short-term borrowing costs and consider a larger increase if inflation worsens. Higher Treasury yields added to the pressure on growth-oriented shares.
The technology sector was among the weakest parts of the market. Reuters reported that Nvidia fell again and that the semiconductor index also declined after two sessions of gains. The report said the stock was affected by renewed scrutiny surrounding Chief Executive Jensen Huang, while broader investor concerns about the sustainability of artificial-intelligence investment continued to influence the sector.
Tuesday's decline should be viewed against the previous session's 2.74 percent rebound, which had been supported by falling oil prices and recovering chip stocks. The latest move shows that inflation and interest-rate expectations remained important counterweights to the recent recovery in technology shares.
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