MarketAlleys Daily Brief, Thursday November 12: SPY and QQQ ETFs rose from the prior close

Global market snapshot

From the prior close, the SPY ETF rose 1.32% to $759.81, the QQQ ETF rose 2.31% to $690.38 and the DIA ETF rose 0.52% to $524.44. The VIXY ETF fell 6.77% from the prior close to $16.93. Over 24 hours, Bitcoin fell 0.33% to $73,501.00 and Ether fell 1.06% to $2,043.48.

US equities: prior close

US equity ETFs showed gains from the prior close: the SPY ETF rose 1.32% to $759.81, the QQQ ETF rose 2.31% to $690.38, the DIA ETF rose 0.52% to $524.44 and the IWM ETF rose 0.89% to $283.09. Notable large-cap names include NVIDIA at $173.73 (rose 2.87%), Apple at $355.63 (rose 2.04%) and Microsoft at $521.13 (fell 2.26%), all as of Nov 11, 21:00 UTC.

Europe and Asia

European and Asian ETFs moved modestly from the prior close: the EWG ETF rose 0.16% to $43.02, the EWU ETF fell 0.29% to $47.82, and the EWJ ETF rose 1.91% to $92.12, all as of Nov 11, 21:00 UTC.

Crypto

Over 24 hours, Bitcoin fell 0.33% to $73,501.00 and Ether fell 1.06% to $2,043.48, per CoinGecko as of Nov 12, 05:45 UTC. Solana fell 0.24% to $82.88 and XRP fell 1.64% to $1.0410 on the same 24-hour basis.

FX, commodities and rates

FX reference rates (as of Nov 11, 15:00 UTC) showed EUR/USD at 1.1127 (fell 0.78%), USD/JPY at 159.23 (rose 0.67%) and GBP/USD at 1.3307 (fell 0.86%) from the prior ECB fixing. From the prior close (as of Nov 11, 21:00 UTC), the UUP ETF rose 0.69% to $29.35; the GLD ETF fell 1.13% to $365.17 and the USO ETF was little changed at $141.47. US Treasury yields were 4.56% (US 2-year, +5 bp) and 4.88% (US 10-year, +2 bp) on their Nov 9 observations.

Top catalysts ahead

Today’s US calendar is busy: Weekly jobless claims (DOL) is scheduled for Thu Nov 12, and early earnings reports are scheduled including M and KSS before the open (source: fred; finnhub). Several after-close earnings are scheduled for Thu Nov 12, including CSCO and AMAT, per finnhub.

• Thu Nov 12 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
• Thu Nov 12 (before the open) — M Q3 2026 earnings · EPS estimate -0.18
• Thu Nov 12 (after the close) — CSCO Q1 2027 earnings · EPS estimate 1.35
• Thu Nov 12 (after the close) — AMAT Q4 2026 earnings · EPS estimate 4.13
• Mon Nov 16 (time not confirmed) — LKNCY Q3 2026 earnings · EPS estimate 6.45

Three stories to watch

CoinDesk published an article headlined "Bitcoin listless, Nvidia perps crash 7% as CEO Jensen Huang reportedly faces the axe." Reuters ran a story titled "Oil falls over $1 on easing geopolitical fears and oversupply worries." cnbc.com published a report titled "Fed's Goolsbee calls inflation report 'borderline disturbing' as central bank weighs more hikes."

• Bitcoin listless, Nvidia perps crash 7% as CEO Jensen Huang reportedly faces the axe — CoinDesk, Nov 12, 04:03 UTC
• Oil falls over $1 on easing geopolitical fears and oversupply worries — Reuters, Nov 12, 01:52 UTC
• Fed's Goolsbee calls inflation report 'borderline disturbing' as central bank weighs more hikes — cnbc.com, Nov 11, 13:29 UTC

What matters next

Later this week and beyond, companies scheduled include AMZE, M and WSM on Thu Nov 12 (times vary) per finnhub. Important macro dates coming up include US Retail Sales on Tue Nov 17 and US GDP and PCE releases on Wed Nov 25, as listed in the nextKeyEvents feed.

• Next central-bank decision: Wed Dec 9, 19:00 UTC — FOMC rate decision and Summary of Economic Projections (US) (source)
• Next high-impact data: Tue Nov 17 (time not confirmed) — Retail sales (Census) (US) (source)
• Next major earnings: Thu Nov 12 (time not confirmed) — AMZE Q3 2026 earnings · EPS estimate -0.16

Sources and data

• Finnhub (market data) — market data
• CoinGecko (market data) — market data
• European Central Bank (euro reference rates) (primary source) — market data
• U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
• U.S. Energy Information Administration via FRED (primary source) — calendar
• U.S. Bureau of Labor Statistics (primary source) — calendar
• Federal Reserve (primary source) — calendar
• Bank of England (primary source) — calendar
• CoinDesk (secondary source) — Bitcoin listless, Nvidia perps crash 7% as CEO Jensen Huang reportedly faces the axe
• Reuters (secondary source) — Oil falls over $1 on easing geopolitical fears and oversupply worries
• cnbc.com (secondary source) — Fed's Goolsbee calls inflation report 'borderline disturbing' as central bank weighs more hikes
• thehindubusinessline.com (secondary source) — FII drive Nifty rally; all eyes on inflation print
• Forexlive (secondary source) — investingLive Asia-Pacific market news: Nvidia slides on Huang ouster reports

Market data as of Nov 12, 05:45 UTC; report generated Nov 12, 06:00 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.