Nasdaq Up Triple Digits as Big Tech Enjoys Rebound

The Nasdaq Composite (IXIC) is sporting a triple-digit lead this afternoon, while the Dow Jones Industrial Average (DJI) is inching higher despite surging this morning. The S&P 500 (SPX) is also in the black as investors monitor a potential end to the longest government shutdown in history, though the Senate still needs to hold a final vote on the agreement. Meanwhile, Big Tech is rebounding after the sector's recent losses, with both Microsoft (MSFT) and Nvidia (NVDA) enjoying sizable gains, the former set to end an eight-day losing streak.

Continue reading for more on today's market, including: 

KeyCorp(NYSE:KEY) stock is getting targeted in the options pits today, with 38,000 calls exchanged so far -- 13 times the intraday average volume -- as opposed to 1,840 puts. Leading the pack is the November 18 call, with positions being sold to open at the weekly 11/14 18.50-strike call. KEY is down 0.2% to trade at $18.05, though a reason for today's dip wasn't immediately clear. Shares have struggled since breaking below the  $18 level in early October, and sport a slim 5.4% year-to-date lead. 

Palantir Technologies (NASDAQ:PLTR) stock is leading the SPX today, last seen up 7.2% to trade at $190.75 as the AI sector continues in rally mode, on hopes that the longest government shutdown in history will soon end. The security is today pacing for its best day since August, after a pullback from a Nov. 3, record high of $207.52 to familiar support at the $170 level. Longer term, PLTR sports a jaw-dropping 228.4% year-over-year lead.

Among the worst stocks on the SPX today is Centene Corp(NYSE:CNC), down 9.1% to trade at $34.16 at last check. Today's losses come after President Donald Trump called  for federal healthcare funding to be directly sent to individuals, sidestepping insurers. The security is now looking to snap a four-day win streak with its biggest single-day percentage since July, and carries a 43.6% deficit for 2025.