S&P 500 falls 0.4% as Nvidia turmoil weighs on tech stocks
Published on 11/13/2026 at 22:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWall Street ends volatile week lower
- The S&P 500 fell 30.73 points, or 0.4%, to 7,561.67 on Friday, November 13, 2026.
- The index nevertheless gained 2.5% for the week, its first weekly increase since early October.
- Technology stocks weighed on the market as investors assessed Nvidia leadership uncertainty and elevated producer-price inflation.
- The Bureau of Labor Statistics said final-demand producer prices rose 0.3% in October and 6.5% year over year.
The S&P 500 ended Friday, November 13, 2026, at 7,561.67 points, down 30.73 points or 0.4% from Thursday's close. Technology stocks were the largest drag on the market as investors assessed the leadership upheaval at Nvidia and its potential implications for the artificial-intelligence trade. The decline came after a volatile week, but the broad-market index still recorded its first weekly gain since early October.
Figures published by The Associated Press show that the S&P 500 added 184.81 points, or 2.5%, over the week. The Dow Jones Industrial Average rose 0.1% on Friday, while the Nasdaq Composite fell 0.9%, highlighting the relative weakness of technology shares. The S&P 500 finished the week 10.5% higher for the year, according to the same market summary.
Nvidia uncertainty keeps technology shares under pressure
Nvidia shares declined again after the company announced the resignation of Chief Executive Jensen Huang on Thursday. Chief Financial Officer Colette Kress was named interim chief executive, leaving investors to assess the effect of the transition on the chipmaker and the wider AI investment theme. Reuters said the leadership change had raised concerns about the durability of the AI trade because of Nvidia's central role in the sector and its financial ties to other AI companies.
The pressure on technology stocks persisted even as some companies reported strong results. Reuters said 83.6% of the 450 S&P 500 companies that had reported earnings by Thursday exceeded expectations, based on LSEG Data and Analytics figures. That earnings backdrop provided support during the week, but it did not prevent renewed selling in chip-related shares on Friday.
Producer prices reinforce rate concerns
Economic data offered mixed signals. The U.S. Bureau of Labor Statistics said final-demand producer prices rose 0.3% in October on a seasonally adjusted basis. On an unadjusted annual basis, the increase was 6.5%, the largest 12-month rise since November 2022. Prices for final-demand services rose 0.2% during the month, while final-demand goods increased 0.5%.
The data were slightly softer on a monthly basis than economists had expected, but the elevated annual rate kept attention focused on the Federal Reserve's policy outlook. Higher inflation and Treasury yields remain important variables for equity valuations, particularly for growth companies whose expected cash flows extend further into the future.
