Markets today, November 9, 2026: stocks surge as oil sinks, crypto slips

Crypto. Bitcoin was $74,902.76 at 20:58 UTC, down 1.14% in 24 hours and 2.49% in seven days. Ether fell 4.28% to $2,131.45, Solana 2.69% to $86.71 and XRP 4.76% to $1.0983, which is 12.15% lower on the week. Fear & Greed is 29, Fear, up from 28. About $1.2 billion of positions were liquidated in 24 hours, about $1.04 billion of them longs, and ether alone had $508.8 million. US bitcoin ETFs had net outflows of $411.9 million and ether ETFs $93.3 million on Friday, November 6; our data had no Monday figures yet. Coinbase said it got final OCC approval for its national trust charter: https://freekonomist.com/en/news/coinbase-national-trust-company-final-occ-charter-2026-11-09/ . NYSE picked Avalanche to settle tokenized stocks: https://freekonomist.com/en/news/nyse-avalanche-tokenized-stocks-settlement-2026-11-09/ . Bitcoin price and liquidations: https://freekonomist.com/en/crypto/btc/ . What well-known traders think: https://freekonomist.com/en/crowd/ . Token unlock dates: https://freekonomist.com/en/unlocks/

Stocks. All three US indexes rose more than 2%. The Russell 2000 gained 3.15% to 2,840.81 and the VIX fell 21.76% to 20.06. Broadcom rose nearly 9%, AMD 13% and Tesla 5.5%. Nvidia fell 4.27% to $178.67 after its board opened an independent investigation into reports about CEO Jensen Huang: https://freekonomist.com/en/news/nvidia-ceo-jensen-huang-board-investigation-2026-11-08/ . The 10-year Treasury yield was 4.882%. Our midday note: https://freekonomist.com/en/news/nasdaq-composite-dow-rally-oil-slides-2026-11-09/ . In Europe the FTSE MIB closed up 2.69% at 51,399, Frankfurt gained 1.73%, Paris 1.16% and London 1.02%: https://freekonomist.com/en/news/ftse-mib-milan-banks-rally-2026-11-09/ . In Asia the Nikkei 225 rose 2.33% and Taiwan's index 4.94%. China extended the pause on its extra 24% tariff on US goods by two months from 05:01 UTC on November 10: https://freekonomist.com/en/news/china-extends-24-percent-tariff-suspension-us-goods-two-months-2026-11-09/ . US CPI on Tuesday will have no annual rate: https://freekonomist.com/en/news/us-october-cpi-no-annual-inflation-rate-bls-2026-11-09/

Commodities and currencies. Brent settled at $92.57, down 5.85%, and WTI at $86.85, down 4.38%. Reuters says Brent fell 16% last week, its steepest weekly drop since the start of the pandemic, and kept sliding after settlement. Gold futures rose 1.81% to $4,148.70: https://freekonomist.com/en/commodities/gold/ . In our data at 20:58 UTC EUR/USD was 1.1223 (+0.72%), GBP/USD 1.3440 (+0.63%), AUD/USD 0.6930 (+0.90%) and USD/JPY 157.881 (-0.34%). CNBC says the dollar softened. Live macro board: https://freekonomist.com/en/macro/

Hechos confirmados

• The S&P 500 rose 2.35% to 7,549.94, its best day since April 8; the Nasdaq Composite rose 2.74% to 25,253.14 and the Dow 2.15% to 52,389.75.^[1][3]
• CNBC says stocks were boosted by a decline in oil prices and gains in technology shares after last week's volatility.^[1]
• Brent crude futures settled down $5.75, or 5.85%, at $92.57 a barrel, the lowest since late August; US WTI settled down 4.38% at $86.85.^[2]
• Reuters links the fall in oil to US President Donald Trump downplaying the likelihood of renewed strikes on Iran; Brent fell 16% last week, its steepest weekly drop since the start of the COVID-19 pandemic.^[2]
• Bitcoin was $74,902.76 at 20:58 UTC (-1.14% in 24 hours, -2.49% in 7 days); ether $2,131.45 (-4.28%, -5.41% in 7 days); Solana $86.71 (-2.69%); XRP $1.0983 (-4.76%, -12.15% in 7 days).^[5]
• Fear & Greed read 29, Fear, up from 28. About $1.2 billion of crypto positions were liquidated in 24 hours across exchanges, about $1.04 billion of them longs; ether liquidations were $508.8 million and bitcoin $328.9 million.^[5]
• US bitcoin ETFs had net outflows of $411.9 million and ether ETFs $93.3 million on Friday, November 6; our data had no figures for Monday yet.^[5]
• At 20:58 UTC EUR/USD was 1.1223 (+0.72%), GBP/USD 1.3440 (+0.63%), AUD/USD 0.6930 (+0.90%) and USD/JPY 157.881 (-0.34%).^[6]
• Gold futures were up 1.81% at $4,148.70, the Russell 2000 rose 3.15% to 2,840.81, the VIX fell 21.76% to 20.06 and the 10-year Treasury yield was 4.882%.^[3]
• CNBC says lower oil prices helped ease inflation concerns and the dollar softened; traders saw an 81% chance of a Fed rate hike in December, per CME FedWatch.^[4]
• Nvidia closed down 4.27% at $178.67; Broadcom rose nearly 9%, AMD 13%, Tesla 5.5% and Amazon about 3%.^[1]
• Nvidia's board announced an independent investigation on November 8 in light of reporting that CEO Jensen Huang was the target of a foreign intelligence effort; the board says it has confidence in him.^[13]
• The Nikkei 225 closed up 2.33% at 58,775.5 and Taiwan's weighted index up 4.94% at 41,664.7.^[1]
• The FTSE MIB closed at 51,399 (+2.69%); Frankfurt rose 1.73%, Paris 1.16% and London 1.02%.^[9]
• China's extra 24% tariff on US goods stays suspended for two more months from 13:01 Beijing time (05:01 UTC) on November 10; the extra 10% tariff stays in place.^[10]
• Coinbase announced final OCC approval of Coinbase National Trust Company, a trust charter without deposits or loans.^[11]
• NYSE's planned tokenized securities platform will use Avalanche for its settlement ledger, subject to regulatory approval.^[12]
• US CPI for October is due Tuesday, November 10, at 13:30 UTC (High impact); forecast +0.3% on the month, core +0.2%, after +0.6% and +0.3%.^[7]
• BLS will not publish 12-month CPI changes for October 2026.^[8]
• FOMC member Waller speaks at 09:00 UTC on November 10 (Medium impact).^[7]

Implicaciones

• ConfirmadoCNBC ties the gains in stocks and gold to lower oil and eased inflation worries before CPI.
• Nuestra lecturaThe day was driven by oil and tech, not by anything in crypto, so crypto lagged stocks. This is our inference.

Todavía no se sabe

• What caused the fall in ether and XRP
• What the monthly October CPI figures will show
• Whether cheaper oil lasts: Brent kept sliding after settlement, Reuters says

A quién afecta

United States, Europe, Global. People who hold stocks, gold or crypto and wait for the US inflation report on Tuesday

Fuentes

1. CNBC: Dow surges 1,100 points, Nasdaq climbs more than 2% as tech rebounds from last week's tumult: Live updates 9 de noviembre de 2026 · medios
2. Reuters: Oil down more than $7 a barrel in post settlement trade as Trump signals restraint on Iran 9 de noviembre de 2026 · medios
3. The Wall Street Journal: Stock Market Today: Nvidia Stock Slides After Chip Maker Opens Probe 9 de noviembre de 2026 · medios
4. CNBC: Gold gains as lower oil prices temper inflation fears; U.S. inflation in focus 9 de noviembre de 2026 · medios
5. Freekonomist: Bitcoin price, Fear & Greed, liquidations and ETF flows (data snapshot 20:58 UTC) 9 de noviembre de 2026 · medios
6. Freekonomist: Macro board: currency pairs (data snapshot 20:58 UTC) 9 de noviembre de 2026 · medios
7. Forex Factory: Economic calendar, week of November 8, 2026 9 de noviembre de 2026 · medios
8. Freekonomist: US October inflation report will have no annual rate 9 de noviembre de 2026 · medios
9. Freekonomist: FTSE MIB jumps 2.69% as Milan banks lead Europe higher 9 de noviembre de 2026 · medios
10. Freekonomist: China pauses its 24% tariff on US goods for two more months 9 de noviembre de 2026 · medios
11. Freekonomist: Coinbase wins full US federal trust bank charter from the OCC 9 de noviembre de 2026 · medios
12. Freekonomist: NYSE picks Avalanche to settle trades in tokenized stocks 9 de noviembre de 2026 · medios
13. Freekonomist: Nvidia CEO Jensen Huang: board opens independent investigation 8 de noviembre de 2026 · medios