Weekly Gains Hold Up Despite a Friday Slide as Chips Lead and Yields Climb
VANCOUVER, BC, Nov. 13, 2026 /PRNewswire/ -- Stock Preachers News Commentary - Wall Street closed out a volatile week with every major index still higher versus last Friday, even after a broad Friday retreat. The Nasdaq Composite led decliners with a 1.24% drop on the session, while the S&P 500 fell 0.75% and the Dow slipped 0.14%. For the week, the S&P 500 gained 2.15%, the Nasdaq rose 1.92% and the Dow added 1.83%, as chip-driven strength carried the market even as Friday gave back some ground heading into the weekend. Active Companies from around the markets with current developments this week include: Eli Lilly and Company (NYSE: LLY), vVardis (NYSE: VVVV), NVIDIA Corporation (Nasdaq: NVDA), Caterpillar Inc. (NYSE: CAT), and Bank of America Corporation (NYSE: BAC).
The S&P 500 closed at 7535.72, down 56.68 points on the day but up 158.86 points, or 2.15%, from last Friday's 7376.86 close. The index touched a week high of 7652.76 and a week low of 7422.24, and sits up 10.08% year to date. Its RSI14 reading of 45.6 points to a market that cooled off from overbought conditions during the week.
The Nasdaq Composite fell 315.80 points, or 1.24%, on Friday to 25050.29, trimming its weekly gain to 1.92% from the November 6 close of 24579.43. The index ranged between 24762.57 and 25649.85 during the week and carries an RSI14 of 41.6, the weakest among major indices. The Dow Jones Industrial Average slipped 75.29 points to 52221.80, still up 1.83% on the week and 8.65% year to date, while the Russell 2000 eased 17.98 points to 2781.08, up 0.98% for the week.
The VIX rose 1.14 points to 19.84 on Friday, essentially flat on the week, while the VXN volatility gauge climbed 1.33 points to 29.88 but ended the week down 4.14 points. The 10-year Treasury yield rose 3 basis points on the day and 27 basis points on the week to 5.13%. Gold fell 5.56% for the week to $3,885.70 an ounce, silver dropped 6.66% to $49.06, and WTI crude added 1.92% to $88.52 a barrel.
The full report includes the complete levels ladder for each index, sector and company movers, and a look ahead to next week's market drivers.
CONTINUED... Read this and more news for Eli Lilly and Company (NYSE: LLY), vVardis (NYSE: VVVV), NVIDIA Corporation (Nasdaq: NVDA), Caterpillar Inc. (NYSE: CAT), and Bank of America Corporation (NYSE: BAC) at: https://stockpreachers.com/articles/a-choppy-week-closes-out-with-the-gains-still-standing/
In other industry developments and happenings in the market this week include:
Eli Lilly and Company (NYSE: LLY) Eli Lilly broke ground on a $3.5 billion manufacturing facility in Pennsylvania's Lehigh Valley, part of its $50 billion push to expand U.S. medicine production. The site will manufacture injectable obesity medicines, including the investigational triple hormone receptor agonist retatrutide, and is expected to be operational by 2031.
The facility is projected to create 850 high-wage jobs and about 2,000 construction jobs, and is one of 10 new U.S. manufacturing sites Lilly has announced since 2020. David A. Ricks, Lilly Chair and CEO, said, "This $3.5 billion investment means we'll be able to make these medicines in Pennsylvania for people here at home and around the world."
Lilly said the site will use machine learning, AI and digital automation and is targeting LEED Gold certification. Edgardo Hernandez, Executive Vice President and President of Lilly Manufacturing Operations, said each production run goes through "more than 5,000 documented steps" with units inspected more than 70 times for defects. Read the release.
vVardis (NYSE: VVVV) vVardis priced 9.72 million shares at $18 apiece ahead of its listing on the NYSE under the ticker VVVV, part of the exchange's daily pre-market update. The dental health firm says it provides the first commercially available peptide-containing formulation to treat early cavities without drilling.
Co-founders, Co-Chairs and Co-CEOs Dr. Haley Abivardi and Dr. Goly Abivardi were set to join NYSE Live to discuss the company's decision to go public. The listing was featured alongside the NYSE's opening bell coverage of the IPO. Read the release.
NVIDIA Corporation (Nasdaq: NVDA) Bronstein, Gewirtz & Grossman announced a securities class action against NVIDIA covering investors who purchased shares between October 9, 2025 and November 8, 2026. The lead plaintiff deadline is January 8, 2027.
The complaint alleges Nvidia made false or misleading statements related to its relationship with Megaspeed, a company suspected of helping China evade export controls, and that these circumstances raised national security concerns with potential reputational and business risk.
Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC, said, "Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace." Read the release.
Caterpillar Inc. (NYSE: CAT) Pomerantz LLP announced an investigation into Caterpillar following its October 29, 2026 third-quarter results, which disclosed inventories of $22.2 billion, a 22% year-over-year increase, and $460 million in added manufacturing costs from freight, materials and tariffs.
The firm noted that operating profits included $128 million of tariff recoveries, which it said may not be sustained going forward. On the news, Caterpillar shares fell $65.99, or 9.25%, to close at $647.39 on October 29, 2026. Read the release.
Bank of America Corporation (NYSE: BAC) Rosen Law Firm reminded purchasers of Bank of America common stock between August 1, 2025 and October 13, 2026 of the December 15, 2026 lead plaintiff deadline in a securities fraud class action.
The lawsuit alleges systemic weaknesses in subsidiary Bank of America, N.A.'s BSA/AML program caused it to fail to properly monitor trillions of dollars in transactions and to miss or file inaccurate suspicious activity reports, and that deficiencies persisted after a 2024 Consent Order.
The complaint further claims BANA had deficiencies in its sanctions compliance program and processed transactions later identified as apparent violations of multiple sanctions programs, exposing the company to compliance costs and penalties. Read the release.
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