{
  "id": 19625180,
  "title": "S&P 500: Tech rally offsets post‑CPI selloff – Deutsche Bank",
  "url": "https://urgent.news/2026/11/12/s-p-500-tech-rally-offsets-post-cpi-selloff-deutsche-bank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T08:02:26.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/sp-500-tech-rally-offsets-post-cpi-selloff-deutsche-bank-202611120802"
  },
  "original_language": "en",
  "account": "Deutsche Bank's Early Morning Reid reported a sharp rebound in US equities, driven by AI-linked and semiconductor companies after CoreWeave's impressive earnings. The Philly Semiconductor Index and Nasdaq surged, lifting the S&P 500 back above pre-midterm levels. However, the positive momentum for tech stocks was short-lived as after-hours news about Nvidia's CEO led to a 8.6% drop in its stock. This caused Nasdaq and S&P futures to dip again. The whipsawing post-midterm market continued, with the Philly semiconductor index (+5.66%) and the S&P 500 (+1.31%) rebounding to levels before the midterm elections. Elsewhere, the STOXX 600 (+0.72%) and the DAX (+1.20%) in Europe also hit fresh records. Despite the recent tech volatility, Nvidia's board reportedly plans to oust CEO Jensen Huang after a series of recent controversies, causing its stock to fall an additional 8.6% in after-hours trading.",
  "summary": "Deutsche Bank’s Early Morning Reid highlights a sharp rebound in US equities, led by AI‑linked and semiconductor names after CoreWeave’s strong earnings. The Philly Semiconductor Index and Nasdaq surged, lifting the S&P 500 back above pre‑midterm levels.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "HDFC Bank holds above ₹811 for second straight day as rally consolidates",
        "url": "https://urgent.news/2026/11/12/hdfc-bank-holds-above-811-for-second-straight-day-as-rally",
        "published": "2026-11-12T06:51:33.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}