Pre-market: U.S. stock futures rise as lower oil prices meet Nvidia turmoil
2026-11-09 · 3 min read · AlphaGBM
At a glance
Global equities edged higher after touching six-month lows last week, although market sentiment remained fragile. Before the U.S. open, Dow futures were up 1.08%, S&P 500 futures gained 0.70% and Nasdaq futures rose 0.39%; the Stoxx Europe 600 was up 0.6% and Japan’s Nikkei 225 advanced more than 2%. Brent crude fell 1% to around $97 a barrel, extending last week’s 16% decline and providing some support to risk assets. After Nvidia chief executive Jensen Huang publicly acknowledged an extramarital affair, the company’s board launched an independent investigation, and the report said Nvidia shares fell more than 5% in early trading. Investors were also awaiting U.S. inflation data due on Tuesday and earnings from companies including CoreWeave, Cisco Systems and Applied Materials later in the week. Analysts cited in the report said the Nvidia episode appeared to have a limited direct effect on the chip sector so far, but could disrupt a rebound in technology shares. Uncertainty over the AI investment cycle, possible data-center regulation and the interest-rate outlook remained central market concerns.
Summary
Global equities edged higher after touching six-month lows last week, although market sentiment remained fragile. Before the U.S. open, Dow futures were up 1.08%, S&P 500 futures gained 0.70% and Nasdaq futures rose 0.39%; the Stoxx Europe 600 was up 0.6% and Japan’s Nikkei 225 advanced more than 2%. Brent crude fell 1% to around $97 a barrel, extending last week’s 16% decline and providing some support to risk assets. After Nvidia chief executive Jensen Huang publicly acknowledged an extramarital affair, the company’s board launched an independent investigation, and the report said Nvidia shares fell more than 5% in early trading. Investors were also awaiting U.S. inflation data due on Tuesday and earnings from companies including CoreWeave, Cisco Systems and Applied Materials later in the week. Analysts cited in the report said the Nvidia episode appeared to have a limited direct effect on the chip sector so far, but could disrupt a rebound in technology shares. Uncertainty over the AI investment cycle, possible data-center regulation and the interest-rate outlook remained central market concerns.