U.S. stock markets rebounded on November 12, with the S&P 500 reaching an eight-day high amid speculation of a Federal Reserve rate cut. The Dow Jones Industrial Average set a new record, driven by gains in energy and consumer sectors, while the Nasdaq lagged due to weak performance in megacap tech stocks. Key movers included FedEx, Devon Energy, Moderna, and Nike, each rising 4% to 5%. Meanwhile, semiconductor and solar stocks such as Enphase, Micron, and Nvidia declined 3% to 6% following SoftBank's complete exit from its Nvidia stake. Bond futures indicated lower yields, bolstered by a softer ADP employment report, enhancing risk appetite.