Wall Street Ends Mixed Friday as Nasdaq Falls and Dow Rises
The S&P 500 slipped 0.40% to 7,561.67 and the Nasdaq fell 0.91% on Friday as AI stocks sold off again, while the Dow edged up 0.10% to 52,347.55.
Image: Wikimedia Commons / Ken Lund from Reno, Nevada, USA
NEW YORK, Nov. 13 — Wall Street ended a bruising week in mixed fashion on Friday, as a second day of selling in artificial-intelligence stocks dragged the Nasdaq lower while the Dow edged up. The S&P 500 slipped 0.40% to 7,561.67, the Nasdaq Composite fell 0.91% to 25,136.27, and the Dow Jones Industrial Average rose 0.10% to 52,347.55 at Friday’s close, according to exchange data.
The split session capped a week dominated by Nvidia chief executive Jensen Huang’s sudden resignation on Thursday. Nvidia fell 2.0% to $162.85, its second straight daily loss. October wholesale prices rose 0.3% on the month, slightly less than forecast.
Key Takeaways
- S&P 500 -0.40% to 7,561.67; Nasdaq -0.91% to 25,136.27; Dow +0.10% to 52,347.55.
- Nvidia -2.0% to $162.85, its second straight loss since Huang resigned; AMD -8.8%, Broadcom -4.8%.
- October producer prices +0.3% on the month, +6.5% on the year, the U.S. Bureau of Labor Statistics said.
- All three major indexes still ended the week higher.
| Index | Thursday close | Friday close | Change |
|---|---|---|---|
| S&P 500 | 7,592.40 | 7,561.67 | -0.40% |
| Nasdaq Composite | 25,366.09 | 25,136.27 | -0.91% |
| Dow Jones Industrial Average | 52,297.09 | 52,347.55 | +0.10% |
Why Did the Nasdaq Fall While the Dow Rose on Friday?
The divide ran along the same line that has split the market all week: chip and technology stocks fell, while industrial and defensive names held up. Advanced Micro Devices gave back Thursday’s 5.9% gain, falling 8.8% to $534.06, while Broadcom lost 4.8%.
Higher bond yields added to the pressure on growth stocks. The 10-year Treasury yield ended near 5.15% and the VIX volatility gauge closed around 19.8, while dividend-paying stocks and industrials with less AI exposure fared better.
What Happened to Nvidia, Cisco and Modine Shares?
Nvidia remained the centre of attention. The shares fell 2.0% to $162.85, a day after dropping 4.3% on the news of Huang’s resignation. Finance chief Colette Kress is interim chief executive, and the company reports earnings on Tuesday. Huang resigned on Thursday after reports of extramarital affairs.
Cisco fell 6.2% to $95.64 even though it reported record first-quarter revenue of $18.5 billion, up 24% from a year earlier. The stock dropped because its gross margin slipped and it guided to $18.0 billion to $18.2 billion of revenue for the current quarter. Cisco also raised its full-year forecast, but traders focused on the margin.
Modine rose 27.9% to $135.66 after a report that Samsung Electronics is in talks to buy the data-centre cooling company. Samsung said it could not confirm the report, and Modine had not commented.
How Does the October PPI Report Affect the December Fed Decision?
The October producer price report gave the Federal Reserve a mixed picture. The U.S. Bureau of Labor Statistics said wholesale prices rose 0.3% in October, below the 0.4% economists expected, but the annual rate reached 6.5%, its largest yearly gain since November 2022. Producer prices rose 0.3% in October, keeping pressure on the Fed ahead of December.
The softer monthly figure helped stocks pare morning losses, but the high annual rate and rising bond yields left the market unconvinced about a December rate rise.
Frequently Asked Questions
How much did the S&P 500 fall on Friday, November 13, 2026?
The S&P 500 fell 0.40%, or 30.73 points, to close at 7,561.67. The Nasdaq fell 0.91% to 25,136.27 on the same day, while the Dow rose 0.10% to 52,347.55.
Why did Nvidia stock fall again on Friday?
Nvidia fell 2.0% to $162.85, its second straight daily loss after chief executive Jensen Huang resigned on Thursday. Finance chief Colette Kress is interim chief executive, and the company reports earnings on Tuesday, November 17.
What did the October PPI report show for interest rates?
Wholesale prices rose 0.3% on the month and 6.5% on the year, the U.S. Bureau of Labor Statistics said. The monthly rise was slightly below the 0.4% economists expected.
When does Nvidia report earnings and what should investors watch?
Nvidia reports quarterly earnings on Tuesday, November 17, its first report with Colette Kress as interim chief executive. Investors will watch the outlook for AI chip demand and any update on the search for a permanent chief executive.
Nvidia reports earnings on Tuesday, November 17, and Anthropic prices its initial public offering on November 18, with the Federal Reserve’s December meeting the next major date for rates.
