Wall Street slips at midday as Nasdaq 100 drops 1.25% and S&P 500 falls 0.76%

US stocks were lower at midday on Tuesday, November 10, 2026, with the Nasdaq 100 down 1.25% and the S&P 500 down 0.76% at 12:30 in New York. The Nasdaq 100 was the larger decliner of the two.

What happened

The S&P 500 traded at 7492.87 at midday. That is a drop of 57.07 points, or 0.76%, from the previous close of 7549.94. The index had closed the prior session at that level, so the morning brought a clear step down.

The Nasdaq 100 stood at 27559.46. It was down 348.16 points, or 1.25%, from its previous close of 27907.62. The loss in points was larger than that of the S&P 500, although the two indexes sit at very different levels.

The gap between the two indexes is the main feature of the session so far. The Nasdaq 100 fell about half a percentage point more than the S&P 500, as both indexes fell in New York.

Why it matters

The S&P 500 is a broad benchmark of US large companies, while the Nasdaq 100 is a narrower index. A larger fall in the narrower index means the two benchmarks are not moving by the same amount. Investors often read such a gap as a sign that the selling is uneven across the market.

The data available for this midday report covers only the two index levels. It does not include sector breakdowns, individual stock moves or a specific driver for the decline. The reasons behind the move are therefore not established at this point, and this report does not name any.

Both indexes were lower at midday, and the session is not yet complete. For investors, the midday readings show where the market stands halfway through the day and nothing more.

What to watch next

The session runs until 16:00 in New York, so the midday levels can still change. The final closing values will show whether the S&P 500 and the Nasdaq 100 end the day near their midday readings or recover part of the morning losses.

Market participants will also look at whether the gap between the two indexes narrows or widens into the close. The previous closes of 7549.94 for the S&P 500 and 27907.62 for the Nasdaq 100 are the reference points for today's change.