S&P 500 Closes Up 1.3% as Tech Pulls the Market Higher
As seen on the 24/7 Wall St. homepage on November 11, 2026.
- S&P 500+1.29%
- Dow Jones Industrial Average+0.48%
- Nasdaq Composite+1.55%
Tech did the heavy lifting again: the Nasdaq's 1.55% close more than tripled the Dow's gain. Anyone underweight big tech sat out most of today's rebound.
Continue ReadingShow less
The S&P 500 closed at 7,618.30, a gain of roughly 1.3% from the prior session. The index built steadily through the afternoon before settling near its session highs.
Growth outpaced value by a wide margin, with the Nasdaq Composite up 1.55% and the Dow Jones Industrial Average adding just 0.48%. That divergence signals that investors concentrated their buying in technology and growth names instead of spreading it across the broader market.
Sponsored
For anyone running a portfolio tilted away from big tech, today's gain was largely a spectator event. The S&P's advance was powered by a relatively narrow slice of the market, which means the index number flatters the experience of many investors whose holdings skew toward industrials, financials, or dividend payers.
The intraday pattern showed the S&P holding positive ground from the open and accelerating into the final hours of trading, with the strongest readings coming in the last stretch of the session. That kind of late-day buying is often read as conviction, though the facts here speak only to the price action itself.