Dow Rebounds 254 Points as AI Stocks Rally on CoreWeave Earnings

nikkei.com (Japanese) —

The Dow Jones Industrial Average rebounded on November 11, closing 254.60 points (0.48%) higher at 52,486.49, driven by gains in AI-related stocks. CoreWeave, an AI cloud services provider, surged after reporting better-than-expected revenue for July-September 2026 and raising its full-year outlook, boosting sentiment across semiconductor and AI stocks. Nvidia, Cisco, Caterpillar, and Alphabet rose, while consumer stocks like McDonald's, Nike, and P&G fell. Investor confidence was also supported by reports that Anthropic's IPO price could be raised above $1.5 trillion, and by expectations that US-Iran military conflict may be ending, with Vice President Vance emerging as a key negotiator.


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