U.S. stock markets rose on Monday, Nov. 9, 2026, recovering most of the losses recorded during the previous week. The S&P 500 increased during the session as global oil prices moved lower.
The rally followed a market decline the previous week that analysts linked to concerns over U.S. midterm election results and their potential impact on the construction of artificial intelligence data centers.
Market strength on Monday occurred despite a decline in shares of Nvidia. The company's board is investigating CEO Jensen Huang over a relationship with a suspected Chinese spy, an investigation that follows public comments from President Donald Trump.
The energy sector saw a shift as oil prices swung lower. West Texas Intermediate and Brent crude both experienced price volatility during the session.
The decline in oil prices typically translates to lower costs for small-business owners with delivery fleets and reduced expenses for commuters. Lower benchmarks for WTI and Brent crude generally lead to a reduction in transportation and manufacturing costs. These shifts can influence the broader inflation rate, affecting how much consumers pay for goods and services that require shipping.
The focus on AI data center construction impacts workers in the construction, technology, and utility sectors. If policy changes lead to a construction slowdown, it could affect jobs and local tax revenues in states where these data centers are concentrated. Investors and industry analysts will be monitoring the final results of the 2026 midterm elections to gauge the outlook for technology infrastructure spending. Further updates on the Nvidia investigation are expected as the board's internal probe continues.