Fund News Today — November 10, 2026
Fed’s Waller puts half-point rate hike into the mix for December and more — today's fund signal.
US monetary policy remains in focus as Federal Reserve Governor Waller suggests a possible half-point rate hike in December, adding to the central bank's considerations for its next move. This development has significant implications for the broader market, including the technology sector, where stocks such as Nvidia are under pressure. Nvidia's shares edged higher today but have faced scrutiny following reports of alleged links to Chinese espionage.
The technology sector is also feeling the pain at SoftBank, which reported a $7 billion net loss in its second quarter. The Japanese conglomerate's results were hit by weakness in its US data center business and a decline in the value of its Intel shares. Meanwhile, beyond the tech and finance spaces, health concerns are emerging around popular weight loss and diabetes drugs, including Wegovy and Zepbound, with the FDA warning of a potential risk of vision loss associated with these medications. These diverse stories are set against a backdrop of economic uncertainty and shifting market expectations.
Today's signal:
• Fed’s Waller puts half-point rate hike into the mix for December (marketwatch.com)
• Nvidia stock edges higher as pressure mounts following alleged China spy links (cnbc.com)
• SoftBank swings to $7 billion loss after U.S. data center hit and Intel share decline (cnbc.com)
• Fed Governor Waller sees December hike likely, opens door to possible half-point increase (cnbc.com)
• FDA warns of vision loss risk linked to popular GLP-1 drugs like Wegovy, Zepbound (cnbc.com)
• SoftBank swings to $7 billion net loss in second quarter as tech selloff weighs on results (cnbc.com)