Geopolitics Alpha

What could move the stock market next week? Inflation data Tuesday, then Nvidia on Nov. 17

Published . Updated .

Key takeaways

  • Exposed: SMH, SOXX, TIP, NVDA, WMT
  • Market reaction: price tracking starts with the next trading session.

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GEOPOLITICS ALPHAWhat could move the stock marketnext week? Inflation data Tuesday,then Nvidia on Nov. 17NVDAGEOPOLITICS ALPHA

This report is about semiconductors and inflation and prices.

Directly affected

  • NVDA Nvidia-8.4% 30d

    Named in this report.

Indirectly affected

  • SMH VanEck Semiconductor ETF-16.4% 30d

    VanEck Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story.

  • SOXX iShares Semiconductor ETF-20.8% 30d

    iShares Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story.

  • TIP iShares TIPS Bond ETF-0.4% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • ASML ASML Holding N.V-7.1% 13d

    ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.

  • TSM Taiwan Semiconductor Manufacturing-9.5% 30d

    Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • COST Costco Wholesale+15.6% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • AVGO Broadcom-17.4% 30d

    Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
NVDA+8.30%+7.21%baseafter closeafter closeafter closeafter close
SMH+9.57%+8.79%baseafter closeafter closeafter closeafter close
SOXX+10.81%+10.19%baseafter closeafter closeafter closeafter close
TIP+0.09%-0.20%baseafter closeafter closeafter closeafter close
ASML+7.09%+5.03%baseafter closeafter closeafter closeafter close
TSM+6.26%+5.43%baseafter closeafter closeafter closeafter close
WMT+1.78%+2.99%baseafter closeafter closeafter closeafter close
COST-1.21%-0.66%baseafter closeafter closeafter closeafter close
AVGO+9.89%+10.98%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

What could move the stock market next week? Inflation data Tuesday, then Nvidia on Nov. 17 Nacionale

Source: Nacionale

How far Vaneck Etf Trust (SMH) has moved since 7 Nov 2026

CompanyWhenMoveStatus
ASMLthree days earlier+5.03%final price
ASMLfive days earlier+7.09%final price
Broadcom (AVGO)three days earlier+10.98%final price
Broadcom (AVGO)five days earlier+9.89%final price
Costco Wholesale (COST)three days earlier-0.66%final price
Costco Wholesale (COST)five days earlier-1.21%final price
Nvidia (NVDA)three days earlier+7.21%final price
Nvidia (NVDA)five days earlier+8.30%final price
Vaneck Etf Trust (SMH)three days earlier+8.79%final price
Vaneck Etf Trust (SMH)five days earlier+9.57%final price
Ishares Tr (SOXX)three days earlier+10.19%final price
Ishares Tr (SOXX)five days earlier+10.81%final price
Ishares Tr (TIP)three days earlier-0.20%final price
Ishares Tr (TIP)five days earlier+0.09%final price
TSMthree days earlier+5.43%final price
TSMfive days earlier+6.26%final price
Walmart (WMT)three days earlier+2.99%final price
Walmart (WMT)five days earlier+1.78%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Vaneck Etf Trust (SMH)

Companies carried with this story

  • SMH Vaneck Etf Trust

    Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “What could move the stock market next week? Inflation data Tuesday, then Nvidia on Nov. 17.” Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story

  • SOXX Ishares Tr

    Ishares Tr (SOXX) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “What could move the stock market next week? Inflation data Tuesday, then Nvidia on Nov. 17.” Reason on file: iShares Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story

  • TIP Ishares Tr

    In “What could move the stock market next week? Inflation data Tuesday, then Nvidia on Nov. 17,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • NVDA Nvidia

    Nvidia (NVDA) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “What could move the stock market next week? Inflation data Tuesday, then Nvidia on Nov. 17.” Reason on file: Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story

  • WMT Walmart

    Walmart (WMT) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “What could move the stock market next week? Inflation data Tuesday, then Nvidia on Nov. 17.” Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • COST Costco Wholesale

    For “What could move the stock market next week? Inflation data Tuesday, then Nvidia on Nov. 17,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • AVGO Broadcom

    Broadcom (AVGO) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “What could move the stock market next week? Inflation data Tuesday, then Nvidia on Nov. 17.” Reason on file: Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story

  • PG Procter & Gamble

    In “What could move the stock market next week? Inflation data Tuesday, then Nvidia on Nov. 17,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

Vaneck Etf Trust (SMH)

“What could move the stock market next week? Inflation data Tuesday, then Nvidia on Nov. 17” (7 Nov 2026) reaches Vaneck Etf Trust (SMH) through this story.

For Vaneck Etf Trust (SMH), the reason on file says VanEck Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story

A second company, Ishares Tr (SOXX), is listed for a different reason: iShares Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story

The price range for Vaneck Etf Trust (SMH), and the dates in the story

SMH traded between 506.51 and 639.33 across 20 sessions. The latest close on file is 508.07. SOXX traded between 452.10 and 596.35 across 20 sessions. The latest close on file is 453.73. TIP traded between 103.77 and 105.61 across 18 sessions. The latest close on file is 105.27.

How strong the case is around Vaneck Etf Trust (SMH)

46 out of 100

“What could move the stock market next week? Inflation data Tuesday, then Nvidia on Nov. 17” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.