Key Takeaways

• The Nasdaq 100 closed 3.40% higher at 27,907.63 on 9 November, recovering 70.70% of the 1,807.36 points it lost on 5 November.
• Nvidia (NASDAQ:NVDA) was the only stock in the Philadelphia Semiconductor Index to fall on 9 November, while Broadcom and Advanced Micro Devices led the chip rebound.
• At 09:42 (GMT+8) on 10 November 2026, NAS100 sat between its 50-hour and 200-hour moving averages, with US October CPI due at 21:30 (GMT+8).

The Nasdaq 100 rose 3.40% to 27,907.63 on Monday 9 November. ¹ Nvidia (NASDAQ:NVDA) closed 4.27% lower the same day. ² As of 09:42 (GMT+8) on 10 November 2026, Vantage NAS100 traded at 27,910.45, less than three points from that cash close.

On paper, an index this tech-heavy should struggle to rise on a day Nvidia falls. Monday skipped that part of the script, and by a wide margin.

That split is what this NAS100 analysis unpacks: who carried the Nasdaq today, what the Nasdaq chart shows after the bounce, and why the rebound may matter to the Federal Reserve (Fed) before tonight’s US Consumer Price Index (CPI).

For anyone with Nasdaq exposure, the issue is range. The Nasdaq price fell 6.36% on 5 November, ³ rebounded two sessions later, and both moves landed overnight for traders in GMT+8.

Why Is the Nasdaq Up Today?

The Nasdaq 100 rose 3.40% to 27,907.63 on 9 November as chipmakers rebounded from the 5 November selloff and oil prices fell. Nvidia closed 4.27% lower after a board investigation. NAS100 traded near 27,910 at 09:42 (GMT+8) on 10 November, ahead of US inflation data.

If you searched “why is Nasdaq up today”, that is the short answer. Four sessions, two very different moods: here is how the Nasdaq index today compares with the rest of the week.

Nasdaq 100 Today Versus Last Week: Session Scorecard

Session	Nasdaq 100 Level	Daily Move	What Moved It
Wed 4 November	28,437.17 (close)	+0.91%	Dow rose more than 3% as money rotated out of AI and chip stocks 4
Thu 5 November	26,629.81 (close)	-6.36%	Midterm data-centre concerns; worst session since March 2020 3
Fri 6 November	About 26,990 (implied close)	About +1.35% (implied)	Chip stocks bounced; the Composite still logged a fourth weekly loss 5
Mon 9 November	27,907.63 (close)	+3.40%	Chips rebounded and oil fell, while Nvidia closed lower 1
Tue 10 November, 09:42 (GMT+8)	27,910.45 (Vantage NAS100)	Little changed	Asia session, ahead of US CPI

Table 1: Closes from investingLive and Capp Notes, accessed 10 November 2026. 6 November figures implied by this desk from the 9 November close and gain. Indicative only.

Good news for Monday. It makes more sense once you see how badly Thursday went.

The Midterm Selloff Behind Last Week’s Drop

Anyone searching “why is Nasdaq down today” on 5 November found the answer in the 3 November midterm results. A day earlier, the Nasdaq 100 closed 0.91% higher at 28,437.17 while money rotated out of AI and chip stocks. ⁴

The next day, that rotation turned into a broad market sell-off. The Nasdaq 100 fell 1,807.36 points, or 6.36%, to 26,629.81, its worst session since March 2020. ³

Reuters reported that chipmakers fell on concern that the Democrats’ midterm gains, including wins in states that host planned data centres, could slow the build-out of AI infrastructure. ⁶ The broader Nasdaq Composite closed in correction territory, more than 10% below its 6 October record. ⁷

Friday brought a partial bounce. Even so, the Nasdaq Composite recorded a fourth straight weekly decline, according to Reuters, ⁵ and the Cboe Volatility Index (VIX) closed the week at 25.56. ⁸

By Friday’s close, the open question was which stocks would lead any recovery. Monday’s answer left out Nvidia.

Chipmakers Rebound Without Nvidia

Monday’s gains were broad: the S&P 500 had its best day since 8 April, ⁹ and Reuters reported that the Philadelphia Semiconductor Index climbed more than 6%. ¹⁰ Nvidia was its only decliner, while Broadcom gained nearly 9% and Advanced Micro Devices (NASDAQ:AMD) about 13%.

Nvidia’s board said on 8 November that it was opening an independent investigation into reporting that chief executive Jensen Huang had been the target of a foreign intelligence effort, and that it has confidence in his leadership team. ¹¹ The shares closed at $178.67 on 9 November, down from $186.64 at the 6 November close. ²

Energy helped too. Oil fell after US President Donald Trump said he planned to hold off on new strikes against Iran, and Brent traded at $91.56 in Asia on 10 November. ¹²

In points, the Nasdaq 100 regained 1,277.82 of the 1,807.36 it lost on 5 November. By this desk’s arithmetic, that is 70.70% recovered in two sessions, the kind of maths that makes a Monday feel shorter.

The numbers say the rebound was real. Strategists were less sure what it meant.

What Analysts Said About the Nasdaq 100 Rebound

Rather than a Nasdaq 100 forecast, here is how four strategists read Monday’s move, in their own words.

• Ken Polcari, SlateStone Wealth: He told Reuters that “the AI story is not going away” and argued that regulation could shape the build-out without stopping it. ¹⁰
• Anthony Saglimbene, Ameriprise: “We believe resets in expectations are healthy,” he told Reuters, adding that the AI trade appeared to be working through a reset of its own. ¹²
• Chris Senyek, Wolfe Research: In a Monday note, he wrote that “we struggle to find many positive catalysts for stocks over the near-term,” pointing to investors’ reluctance to take risk before year-end. ⁹
• Veronica Clark, Citigroup: On rates, she told Reuters the main risk to a December Fed hike would be “a further substantial correction in equity markets” or wider credit spreads. ¹³

Reuters added that Morgan Stanley and UBS called last week’s AI selloff overdone. ¹⁰ Four voices, four readings, no consensus: a fairly normal Monday after a very abnormal Thursday.

Opinions differ. The chart, at least, is a matter of record.

NAS100 Chart Today: Rebound Pauses Under the 200-Hour Moving Average

For this Nasdaq 100 technical analysis, the hourly NAS100 TradingView chart showed a climb from near 26,270 at the 5 to 6 November session break to just above 28,000 on 9 November, as of 09:42 (GMT+8) on 10 November 2026 (Figure 1). Price crossed the 50-hour moving average (MA), which has turned higher at 27,186.25.

The 200-hour MA sat at 28,248.48 and sloped lower. On this Nasdaq index chart, price has traded beneath it on every bar since 2 November, so the line has acted as a lid, at least so far.

Momentum told a slightly different story. The Relative Strength Index (RSI) on the TradingView setup used here poked above 70, the overbought zone, on 9 November, then eased to 66.66 against a 66.11 signal line. Price held; momentum stepped back: the Nasdaq chart today’s version of a pause for breath.

Nasdaq 100 futures and NAS100 trade through the Asia session, so this Nasdaq 100 chart keeps printing while New York sleeps. For NAS100 today, the NAS100 technical analysis comes down to six levels:

NAS100 Levels Traders Are Watching, as of 09:42 (GMT+8) on 10 November 2026

Level	Price Area	What It Marks
Level 2 Resistance	~28,850	4 November high, before the selloff
Level 1 Resistance	28,248.48	200-hour MA, sloping lower
Cut-Off Price	27,910.45	Vantage NAS100 at 09:42 (GMT+8)
Level 1 Support	27,186.25	50-hour MA, turning higher
Level 2 Support	~26,650 to 26,700	Floor of the 6 to 9 November range
Level 3 Support	~26,270	Low around the 5 to 6 November session break

Table 2: Levels from the Vantage NAS100 hourly chart on TradingView, as of 09:42 (GMT+8) on 10 November 2026; ~ marks approximate reads. A snapshot, not a NAS100 live feed: Nasdaq 100 live and US100 live quotes moved on after the cut-off. Not trade signals.

The chart shows a pause under a falling average. The rates market offers one reason that pause may carry more weight than usual this week.

Why the Rebound Matters for the Federal Reserve

The latest Federal Reserve news points to a hike, not a cut. Reuters reported that the CME FedWatch tool showed an 84% chance of a December rate rise, up from 74% a week earlier, after a strong October jobs report. ¹² The Fed left its benchmark rate in a 3.75% to 4.00% range last month. ¹³

This is where the Nasdaq analysis gets more interesting than the chart. Clark’s condition for a pause was a further substantial equity correction, and a Nasdaq 100 that has recovered about 70% of its worst day since 2020 may have just removed it.

A rally that appears to make hike pricing harder to argue down is a slightly odd kind of good news.

Monday’s rebound recovered about 70% of the 5 November fall, and it may also have removed one of the few reasons markets saw for the Fed to pause.

That leaves a few questions readers keep asking, and then a calendar.

Nasdaq FAQ: Selloffs, Forecasts, and Weekends

Why Was the Nasdaq Down Last Week?

Chip and data-centre stocks fell on concern about a slower AI build-out after the midterms. ⁶ Table 1 has the sequence, and the Nasdaq news archive tracks it session by session.

Is There a Reliable Nasdaq Forecast or Nasdaq Prediction?

No forecast for stock market tomorrow can be relied on, and this piece offers no Nasdaq forecast. A NAS100 prediction or US100 forecast would be a guess about tonight’s CPI print. What can be measured is pricing, such as the 84% FedWatch odds of a December hike. ¹²

Does the Nasdaq Trade at the Weekend?

The US cash market shuts on Saturday and Sunday, so weekend Nasdaq news waits for Monday. Nvidia’s board statement landed on Sunday 8 November, with the market closed. ¹⁴ The Nasdaq takes weekends off; the news does not.

What Is the Difference Between the Nasdaq 100 and the Nasdaq Composite Index?

The Nasdaq 100 index tracks Nasdaq’s 100 largest non-financial companies, while the Nasdaq Composite index covers a much wider list of Nasdaq-listed shares. ¹⁵ NAS100 and US100 name the same Nasdaq market index, so a US100 analysis and a NAS100 analysis cover the same ground.

What to Watch: Inflation, Nvidia Results, and the Federal Reserve

For the Nasdaq stock market today, the calendar matters more than the chart. No NAS100 forecast here, just where the next information lands.

• US CPI, 10 November, 21:30 (GMT+8): The Bureau of Labor Statistics releases October CPI at 08:30 ET. ¹⁶ A Reuters poll put headline CPI at 0.3% month on month and core at 0.2%. ¹³ With October 2025 prices never collected, there is no official annual rate, which leaves economists doing their own subtraction.
• US PPI, Friday 13 November: Reuters noted that the Producer Price Index for October follows on Friday. ¹⁰
• Nvidia Results, 18 November, About 05:20 (GMT+8): Nvidia posts third-quarter fiscal 2027 commentary at about 13:20 PT on 17 November, with a call at 14:00 PT, or 06:00 (GMT+8) on 18 November. ¹⁷
• Fed Decision, 10 December, 03:00 (GMT+8): The Federal Open Market Committee (FOMC) statement is scheduled for 14:00 ET on 9 December, followed by a press conference. ¹⁸

What Would Change the Read: As of 09:42 (GMT+8) on 10 November 2026, the read is a chip-led recovery paused below a falling 200-hour MA, with hawkish rate pricing. It weakens if price returns below the 50-hour MA near 27,186, or clears the 200-hour MA near 28,248. A core CPI print away from 0.2% would test the December pricing.

Monday opened with Nvidia and its index pulling apart, and for one session the index rose without it. Whether that gap narrows is a question for tonight’s CPI and Nvidia’s numbers on 18 November; the next Nasdaq 100 news lands under NAS100 news.

Gap Risk Around CPI and Earnings

The Nasdaq 100 moved 6.36% on 5 November ³ and 3.40% on 9 November, ¹ and both CPI and Nvidia’s results land outside Asian hours, when NAS100 prices can gap past a resting order. A Stop Loss can limit losses to a planned size in normal conditions, but in a gapping market it may fill at a worse price. In risk management terms, correlated positions, such as an index position plus chip shares, can add up faster than any single one suggests.

Leverage is double-edged: it magnifies losses as well as gains. At 1:20, for example, a 5% move in the index equals a 100% move against the margin posted for that position. Position size relative to account equity, rather than a view on direction, is what decided how much of last week’s 6.36% swing reached an account balance.

Related Reading

• How to Trade the Nasdaq
• NAS100 News
• Nasdaq News Today

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