Major U.S. stock indexes rose: the S&P 500 gained 0.58% to 7,757.17, the Dow added 0.69% to 52,856.09 and the Nasdaq Composite advanced 1.05% to 26,702.857. Tesla climbed 3.41% and Nvidia rose 2.54%, while Alphabet fell 1.62%. The VIX volatility index increased 8.75% to 18.14. December crude oil futures gained 2.11% to $99.20, while December gold futures fell 1.14% to $4,102.50 and bitcoin dropped 2.48% to $81,938.16.
AI concerns featured prominently in the headlines: SAP's CFO said clients increasingly worry about AI models' origins, and Axios reported that U.S. banks detected unauthorized AI agents in customer accounts. Bernstein said Samsung overtook SK hynix in third-quarter high-bandwidth memory revenue. Elsewhere, Telia raised its 2026 guidance after a strong third quarter, while Yara reported an earnings miss as energy costs weighed on results.
Watch the contrast between the Nasdaq Composite's gain in the supplied quotes and a separate headline reporting Nasdaq futures down more than 1% as AI worries resurfaced; they describe different market measures. Rising oil prices and the VIX also bear watching alongside stock gains, with energy costs and AI-related concerns remaining key themes.