Nvidia's CEO crisis hits chip stocks, jobless claims and home sales are due, and Fed hike bets keep the dollar near a 19-month high.
Thursday, November 12, 2026Edition No. 9Every trading day · 6:00 AM ET
Today's Pre-Market News, Edition No. 9: futures, key levels, what to watch and volatility risk
The setup
Nvidia shares fell as much as 8.8% in extended trading after a Wall Street Journal report that its board may remove CEO Jensen Huang (Reuters, MarketWatch). The stock had gained 2.9% in Wednesday's regular session, and Nvidia was about 6.3% of the S&P 500 at the end of October (MarketWatch). CoreWeave and Nebius, two large Nvidia customers, were among the Nasdaq-100's steepest after-hours decliners (MarketWatch). The dollar index reached its highest level since April of last year (Reuters), and gold touched its lowest since Nov. 4 on rate-hike bets (Reuters).
Currencies (3:30 AM ET vs Wed 5 PM)
EUR/USD1.1090−0.03%USD/JPYon page 1
GBP/USD1.3267−0.06%USD/CAD1.4257+0.06%
AUD/USD0.6822−0.40%Dollar DXYon page 1
Bitcoin$73,416−1.19%
Overnight: Asia (closes): Nikkei −0.7%, Kospi −0.6% (Yahoo, TradingView); Taiwan's benchmark fell 2.6% during the session and the MSCI Asia-Pacific index outside Japan lost 1.2% (Reuters). Japan's October producer prices rose 0.7% from September, above the 0.2% forecast (MNI, Seeking Alpha). Europe early (3:45 AM ET): DAX +1.1%, STOXX 600 +0.3%, FTSE 100 +0.2% (Yahoo, TradingView), after the STOXX 600's record close on Wednesday (dpa-AFX).
Risk windows today (ET)
The main windows are on page 1. Also scheduled: the 4-week bill auction at 11:30, the Treasury's monthly budget statement at 2:00 PM and the Fed's weekly balance sheet at 4:30 PM.
Full U.S. calendar today (ET): other releases
TimeReleaseExp.Prior
11:304-Week Bill Auction——
12:00EIA Crude Oil Stocks Change−1.48M−0.87M
12:00EIA Gasoline Stocks Change−0.35M−0.22M
12:00EIA Distillate Stocks Change−0.87M−3.57M
12:00EIA Refinery Utilization Change+0.4 pt+1.7 pt
12:0030-Year Mortgage Rate (Freddie Mac)—7.18%
14:00Monthly Budget Statement—−$27B
Delayed releases: the Fed's weekly statistical releases and the EIA petroleum report were moved to today because of Veterans Day (Federal Reserve, Dow Jones).
Analysts: Citi cut its Nvidia price target to $225 from $285, and Bernstein lowered the stock to Market Perform (Dow Jones).
Oil: crude rebounded from an overnight low of $85.20 on WTI as traders weigh a Wall Street Journal report that Vice President Vance is considering direct talks with Iran (Dow Jones, TradingView).
Other earnings: Nu Holdings and Ecopetrol report after the close; Williams-Sonoma is also listed for today, timing not confirmed (TradingView).
Coming up: October PPI on Friday and the IEA monthly oil report on Friday (Reuters, Dow Jones); Nvidia, Walt Disney and Home Depot report Nov. 17 (dpa-AFX).
Read the full edition online
Today's Pre-Market News is free: get it in your inbox every trading day. Subscribe now and follow @traderedgesuite on Instagram, TikTok, X, YouTube and Facebook
FOLLOW US for daily setups
InstagramTikTokXYouTubeFacebook
@traderedgesuite on all 5
Know a trader who'd want this? Forward it, or share the free sign-up link.
Enter our giveaway (1 winner every 2 weeks) · Get Trader Edge Suite
Sources: Yahoo Finance, CME Group and TradingView (prices), TradingView economic calendar and earnings scanner (data), MarketWatch and Reuters (Nvidia), Reuters (Asia, dollar, Fed pricing, gold), Dow Jones Newswires (oil, analyst actions), dpa-AFX (Europe, Williams, Nov. 17 earnings), MNI and Seeking Alpha (Japan PPI), Federal Reserve calendar (Barr, delayed releases). Educational only. Not financial advice. Futures trading involves substantial risk of loss and is not suitable for every investor.

Free every trading day at 6 AM ET · Subscribe free
Trader Edge Suite