{"id":74535,"date":"2026-11-11T17:07:14","date_gmt":"2026-11-11T21:07:14","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-holds-steady-as-inflation-data-meets-expectations-cisco-systems-reports-after-the-bell\/74535\/"},"modified":"2026-11-11T17:07:14","modified_gmt":"2026-11-11T21:07:14","slug":"market-holds-steady-as-inflation-data-meets-expectations-cisco-systems-reports-after-the-bell","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-holds-steady-as-inflation-data-meets-expectations-cisco-systems-reports-after-the-bell\/74535\/","title":{"rendered":"Market Holds Steady as Inflation Data Meets Expectations; Cisco Systems Reports After the Bell"},"content":{"rendered":"<p>U.S. equity markets remained largely resilient on Wednesday, November 11th, 2026, as investors processed a critical Consumer Price Index (CPI) report that largely aligned with economist forecasts. The data suggested that while inflation remains a persistent factor in the economy, it has not accelerated to a degree that would immediately force the Federal Reserve to alter its current monetary path. Market participants appeared relieved by the lack of an upside surprise, leading to a day of consolidated gains across most major sectors.<\/p>\n<h2>Major Index Performance<\/h2>\n<p>The major benchmarks showed modest but positive movement throughout the session. The State Street SPDR <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> ETF Trust (<a href=\"\/stock\/SPY\">SPY<\/a>) edged higher by 0.07%, maintaining its position near record levels. The blue-chip heavy State Street SPDR <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average ETF Trust (<a href=\"\/stock\/DIA\">DIA<\/a>) rose by 0.06%, while the small-cap focused iShares Russell 2000 ETF (<a href=\"\/stock\/IWM\">IWM<\/a>) added 0.04%.<\/p>\n<p>In contrast, the technology-heavy Invesco QQQ Trust, Series 1 (<a href=\"\/stock\/QQQ\">QQQ<\/a>) saw a slight decline of 0.02%, reflecting a minor rotation out of high-growth tech names into more defensive or value-oriented areas. Within the sectors, the Global X <a href=\"https:\/\/stockmarketwatch.com\/metal\/uranium\" data-internallinksmanager029f6b8e52c=\"13\" title=\"Uranium\">Uranium<\/a> ETF (<a href=\"\/stock\/URA\">URA<\/a>) was a standout performer, surging 0.74% as energy independence and nuclear power initiatives continue to gain traction in policy discussions.<\/p>\n<h2>Corporate News and Tech Momentum<\/h2>\n<p>In the semiconductor space, <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> Corp (<a href=\"\/stock\/NVDA\">NVDA<\/a>) remained the primary focus of trading activity. The AI giant saw its stock rise 2.3% during the session to a price of $174.03, driven by continued optimism regarding its upcoming earnings report scheduled for next week. Other chipmakers also saw significant action; <a href=\"https:\/\/stockmarketwatch.com\/stock\/MU\" data-internallinksmanager029f6b8e52c=\"20\" title=\"Stock: MU\">Micron<\/a> Technology, Inc. (<a href=\"\/stock\/MU\">MU<\/a>) jumped 7.2% to $812.81, and Advanced Micro Devices (<a href=\"\/stock\/AMD\">AMD<\/a>) rose 5.4% to $553.33, as the industry benefits from a renewed wave of data center investment.<\/p>\n<p>In the <a href=\"https:\/\/stockmarketwatch.com\/movers\/premarket\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">premarket<\/a> and early session, smaller cap names experienced extreme volatility. Ohmyhome Limited (<a href=\"\/stock\/OMH\">OMH<\/a>) skyrocketed 52.6%, while Gevo, Inc. (<a href=\"\/stock\/GEVO\">GEVO<\/a>) climbed 25.5%. On the downside, STAK Inc. (<a href=\"\/stock\/STAK\">STAK<\/a>) plummeted 44.2% following a dilutive corporate announcement.<\/p>\n<h2>Earnings Highlights and Upcoming Events<\/h2>\n<p>The earnings calendar was active today, particularly in the aerospace and technology sectors. Before the opening bell, TransDigm Group Incorporated (<a href=\"\/stock\/TDG\">TDG<\/a>) reported its Q4 2026 results, posting an estimated EPS of $12.07 on revenue of $2.95 billion. CGI Inc. (<a href=\"\/stock\/GIB\">GIB<\/a>) also reported early, meeting its quarterly targets.<\/p>\n<p>Following the 4:00 PM ET close, the spotlight shifted to Cisco Systems, Inc. (<a href=\"\/stock\/CSCO\">CSCO<\/a>). The networking giant is expected to report Q1 2027 earnings with an estimated EPS of $1.29 and revenue projections of over $18.1 billion. Investors are closely watching Cisco\u2019s guidance for clues regarding enterprise spending on AI-integrated networking hardware. Other notable post-close reports include Franco-Nevada Corporation (<a href=\"\/stock\/FNV\">FNV<\/a>) and Ascendis Pharma A\/S (<a href=\"\/stock\/ASND\">ASND<\/a>).<\/p>\n<p>Looking ahead to Thursday, November 12th, the market will shift its focus to Brookfield Corporation (<a href=\"\/stock\/BN\">BN<\/a>) and JD.com, Inc. (<a href=\"\/stock\/JD\">JD<\/a>), both of which are scheduled to report before the open. Additionally, Applied Materials Inc (<a href=\"\/stock\/AMAT\">AMAT<\/a>) will be the primary tech focus after the close tomorrow, providing further insight into the health of the global semiconductor supply chain.<\/p>\n<h2>Bond and Commodity Markets<\/h2>\n<p>Treasury yields remained relatively stable following the CPI release. The iShares 7-10 Year Treasury Bond ETF (<a href=\"\/stock\/IEF\">IEF<\/a>) rose 0.02%, while the iShares 20+ Year Treasury Bond ETF (<a href=\"\/stock\/TLT\">TLT<\/a>) gained 0.01%. In commodities, United States Oil Fund, LP (<a href=\"\/stock\/USO\">USO<\/a>) rose 0.07%, while <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">gold<\/a> saw a slight retreat, with the SPDR Gold Trust (<a href=\"\/stock\/GLD\">GLD<\/a>) falling 0.04% as the dollar remained firm.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. equity markets remained largely resilient on Wednesday, November 11th, 2026, as investors processed a critical Consumer Price Index (CPI) [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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