The Dow Jones 30 Industrial Average rose 51.77 points (0.1%) to finish at 5,123.64, while the S&P 500 index fell 36.41 points (0.47%) to 7,765.36 and the Nasdaq Composite dropped 345.35 points (1.25%) to close at 2,7193.34.
That day, OpenAI announced that its annual revenue as of the end of September was about $50 billion, which is $20 billion less than the $70 billion reported by investors; technology shares showed a slight weakness overall. Major semiconductor names such as Nvidia (‑2.94%), Broadcom (‑4.35%), Micron Technology (‑4.79%) and AMD (‑3.90%) all fell.
The rise in U.S. stocks boosted investor sentiment. A report said that the U.S. Treasury Department had instructed the Central Command (CENTCOM) to prepare again for a potential offensive operation in the Middle East, which helped lift expectations.
At this time in New York, the WTI crude oil price on the 11 November market was $3.21 per barrel (up 3.6%) at $91.49, while Brent rose $4.08 per barrel (4.1%) to $104.28. Oil prices had risen more than 5% during the session; Donald Trump announced that he would not attack Iran in November, which moderated some of the price swing.
U.S. Treasury yields fell. After confirming higher borrowing rates for the 30‑year bonds and lower rates for 10‑year ones, the 10‑year yield was down about 0.05 percentage points to 5.227%, while the 30‑year yielded about 0.06 points lower at 5.601%.
Dong2@hankyung.com
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