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US Equity Markets End Higher After CoreWeave's Results Push Technology Sector Upward

US Equity Markets End Higher After CoreWeave's Results Push Technology Sector Upward

MT newswireMT newswire2026/11/11 20:11
04:11 PM EST, 11/11/2026 (MT Newswires) -- US equity indexes ended higher Wednesday after CoreWeave's (CRWV) Q3 results pushed the technology sector upward. * Of the 20 top-performing stocks intraday with market capitalization exceeding $200 billion each, all but one were technology firms, according to Finviz-compiled data. * Mortgage applications jumped 6.2% in the week ended Nov. 6 amid a fourth-straight weekly decline in 30-year fixed mortgage rates, according to the Mortgage Bankers Association. * Iran's security chief Mohsen Rezaei has said that Tehran is waiting for a response from the United States on its seven conditions for peace talks, while dismissing speculation about holding any negotiations with Washington, Al Jazeera reported Wednesday. * December West Texas Intermediate crude oil rose $0.31 to $86.32 per barrel, while January Brent crude, the global benchmark, was last seen up $0.98 at $92.47. * CoreWeave (CRWV) shares rose roughly 25%, the biggest gain on Nasdaq, after the company outlined plans to finance its business expansion through loans tied to customer contracts and prepayments, following Q3 results that beat expectations for sales and adjusted operating income. * Lululemon Athletica (LULU) is again a holding of investor Michael Burry, who described the retailer as a "good bet," Bloomberg News reported. The company's shares were down about 2.6%, the second-worst performer on the S&P 500.
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