# Dow surges 1,100 points as tech rebounds

> Tech stocks rebound after Nvidia's CEO probe.
- Title: Dow surges 1,100 points as tech rebounds · CNBC | Shortify
- Summary: Tech stocks rebound after Nvidia's CEO probe. Dow jumps 1,104 points to 52,389.75 as tech recovers from last week's AI sell-off.
- Keywords: dow jones, nasdaq, tech stocks, nvidia, jensen huang, ai sell-off, stock market, CNBC
- Source: CNBC — https://cnbc.com/2026/11/08/stock-market-today-live-updates.html
- Author: Sean Conlon,Tanaya Macheel,Lim Hui Jie
- Published: 2026-11-08T23:15:14+00:00
- Read time: 1 min
- Topics: dow jones, nasdaq, tech stocks, nvidia, jensen huang, ai sell-off, stock market, business, finance
## Stocks surge Monday
Dow Jones Industrial Average jumps 1,104.02 points to 52,389.75.
## S&P 500 hits best day since April
S&P 500 rises 2.35% to 7,549.94 for its best day since April 8.
## Nasdaq Composite climbs 2.74%
Nasdaq Composite gains 2.74% to 25,253.14.
## Oil prices drop
West Texas Intermediate futures fall 4.38% to $86.85 per barrel.
## Nvidia shares fall 4%
Nvidia shares drop 4% after CEO investigation into alleged spy relationship.
## Tech sector rebounds
Amazon gains 3%, Tesla up 5.5%, Alphabet climbs 1%.
## Semiconductor ETF surges
iShares Semiconductor ETF (SOXX) jumps 8% to best day since July.
## Market sentiment mixed
Energy sector down 0.3%, industrials up 4.2% in afternoon trading.
## AI sell-off concerns
Democrats' midterm results raise fears of tighter AI regulations.
## Market analysts weigh in
Jay Hatfield says tech rebound is 'overdone' but AI infrastructure will still build.
## Citi analyst on GM
Citi expects GM to join Nasdaq-100 with 0.2% weighting and $4.6 billion buying power.
## Oppenheimer on market fundamentals
Oppenheimer says market can rebound if fundamentals remain strong.
## NYSE blockchain move
NYSE selects Avalanche as primary blockchain for tokenized securities.
## Citi downgrades tech
Citi flags rotational turbulence in tech stocks with neutral positioning.
## Nvidia CEO probe details
Nvidia opens investigation into CEO Jensen Huang's relationship with alleged Chinese spy.
## Market outlook
S&P 500 expected to be rangebound through year-end with Fed rate concerns.
## Key takeaway

Dow jumps 1,104 points to 52,389.75 as tech recovers from last week's AI sell-off.