S&P 500 and Nasdaq futures advanced after CoreWeave's financial results alleviated investor nervousness surrounding the artificial intelligence industry. Meanwhile, October economic data revealed consumer prices surpassed projections, propelled primarily by higher costs for food and accommodation. The persistent price pressures have solidified expectations for an interest rate hike by the Federal Reserve in December. Market pricing reflects certainty for an upcoming increase, with a minority of traders anticipating an aggressive half-percentage-point adjustment.
07:03:36 PM IST, 11 Nov 2026
US Market Live Updates: Hot US inflation cements December Fed rate-hike expectations
US consumer prices rose more than expected in October as food and accommodation costs increased, strengthening the case for a Federal Reserve rate hike next month. Markets fully price in an increase, with an 11.5% probability of a half-percentage-point move, according to CME FedWatch.
Federal scrutiny is intensifying across the prediction market sector as authorities examine compliance with contract notification rules. Regulators privately flagged concerns over weather-related offerings, potentially leading to formal enforcement charges in the near term. This inquiry coincides with broader congressional pushback against event-based trading formats.
Wall Street sentiment turned favorable for the energy company as analysts identified improving conditions across its core operating space. Freedom Broker adjusted its stance upward, anticipating that healthy downstream dynamics will drive stronger performance. Investors responded positively to the revised forecast, sending the equity higher in subsequent trading.
Broader market sentiment gained solid early support during the trading session as investor appetite actively focused on the artificial intelligence sector. Strong momentum originating from CoreWeave catalyzed buying interest that expanded across equities right from the opening bell. Market participants are watching to see if this technology-driven optimism can sustain the upward trajectory throughout the day.