Yields rise on hot inflation, stocks fade

Melisa R. H. Posted On November 10, 2026

October’s U.S. CPI came in hotter than expected, which reginited yields. The U.S. 10-year returned to 5% while most sectors gave back some of Monday’s gains. In New York: S&P -0.32%, Nasdaq -0.71% and Dow -0.28%. Nvidia continued to fall in the wake of its CEO having an affair with an alleged Chinese spy. NVDA tumbled another 5.47%. Elsewhere: Skydance -7.64%, Moderna -6.75%, Take-Two Interactive 8.17% and Charter Communications 10.59%. Meanwhile, Bitcoin slipped 1.45% to US$73,855. Tech remains front of mind as Anthropic announced its US$1.4 trillion IPO target.

Toronto didn’t fare better as the TSX declined 0.67% as materials led the sell-off by seven sectors. Energy was the strongest segment, even though WTI slipped 0.7% to US$86.25. Silver slid 3.6% to US$51.40 and gold faded 2.65% to $4,030. Major movers: Baytex 2.07%, B2Gold -6.21%, Chorus Aviation 8.3%, Novagold Resources -8.96% and Paramount Resources 3.85%.

💾 NVIDIA Corporation (NVDA) -5.47%

📡 Skydance Corporation (SKYD) -7.64%

💉 Moderna (MRNA) -6.75%

💾 Take-Two Interactive Software (TTWO) +8.17%

📡 Charter Communications (CHTR) +10.59%

🅱 Bitcoin (BTCUSD) (BTC-USD) -1.45%

🛢 Baytex Energy Corp (BTE.TO) +2.07%

🥇 B2Gold Corp. (BTO.TO) -6.21%

🛫 Chorus Aviation Inc (CHR.TO) +8.3%

⛏ NovaGold Resources Inc (NG.TO) -8.96%

🛢 Paramount Resources (POU.TO) +3.85%