Source: market close, 13 November 2026 (RT).
Economic Calendar — Sunday, November 15, 2026 (nothing major is due on Saturday)
Global Markets — Live Board
01 Tech takes the hit
The S&P 500 closed at 7,562, down 0.40%, and the Nasdaq Composite fell 0.91% to 25,136. The Dow Jones Industrial Average edged up 0.10% to 52,348.
That split tells the story. Investors sold growth stocks, whose profits lie far in the future and lose value when yields rise, and kept hold of older industrial names.
The VIX, Wall Street’s fear gauge, rose 3.21% to 19.3. That is a nervous reading, not a panic.
02 Hot prices, higher yields
The US 10-year Treasury yield rose to 5.145% on Friday, a level that makes bonds a real rival to shares. The dollar index gained 0.23% to 103.411.
Producer prices rose 0.3% in October against a consensus of 0.4%, and 6.5% from a year earlier against 6.6% expected. Both were a shade softer than forecast, but the annual rate is up from 6.3% in September.
Core producer prices, as listed in the RT economic calendar (RT), rose 0.3% on the month, in line with consensus, and 5.0% on the year. The US Bureau of Labor Statistics’ own core gauge, which also excludes trade margins, rose 0.5% on the month and 4.9% on the year.
That follows hot consumer inflation earlier in the week, which revived fears of a Fed rate hike. The next Fed meeting is on 8 to 9 December.
Gold slipped 0.16% to $3,874/oz as the firmer dollar and higher yields weighed on it.
03 Brazil holds the line
Brazil’s central bank held the Selic, its benchmark rate, at 13.75% on 4 November. The vote was unanimous and ended five straight cuts of 0.25 percentage point.
The minutes, published on 10 November, say rates must stay high for longer. Copom projects 2026 inflation of 5.6%, against a ceiling of 4.5%.
A US yield above 5% and a firm dollar are bad news for the real, because they pull money back to the US. That limits Brazil’s room to cut, even if growth slows.
Domestic data is not weak. Brazilian retail sales rose 1.7% in September from a year earlier, against 1.0% expected, and 0.2% on the month, against a forecast fall of 0.2%.
Colombia was stronger still. Retail sales rose 9.7% year on year against 8.7% expected, and industrial output grew 1.5% against a forecast fall of 0.8%.
US crude stocks rose 4.7 million barrels to 414.4 million in the week to 6 November, according to the US Energy Information Administration (EIA, eia.gov/petroleum/supply/weekly). Gasoline stocks rose 1.8 million barrels and distillates 4.1 million, a cushion for consumers but a small drag for oil exporters such as Brazil and Colombia.
Export sales from the US Department of Agriculture (USDA), released on 13 November, matter for Brazil, a rival farm exporter. USDA Soybean Net Export Sales were 1154.8 (prior 1456.1), USDA Soybean Gross Export Sales 1388.2 (prior 1551.5) and USDA Soybean Net Export Sales Total 1166 (prior 1456.1), with USDA Soybean Net Export Sales Next Year at 11.2 (prior 0).
USDA Corn Net Export Sales were 2881.4 (prior 1294.6), USDA Corn Gross Export Sales 2922.3 (prior 1374.2), USDA Corn Net Export Sales Total 3475.8 (prior 1294.6) and USDA Corn Net Export Sales Next Year 594.4 (prior 0). USDA Wheat Net Export Sales were 182.8 (prior 538), USDA Wheat Net Export Sales Total 182.8 (prior 557.2), USDA Wheat Gross Export Sales 198.7 (prior 580.9) and USDA Wheat Net Export Sales Next Year 0 (prior 19.2).
USDA Soybean Meal Net Export Sales were 360.9 (prior 390.4), USDA Soybean Meal Net Export Sales Total 360.7 (prior 390.7) and USDA Soybean Meal Net Export Sales Next Year -0.2 (prior 0.3). USDA Soybean Oil Net Export Sales and USDA Soybean Oil Net Export Sales Total were both 1.7 (prior 1.5), while USDA Upland Cotton Net Export Sales were 157.3 (prior 277.5) and USDA Upland Cotton Gross Export Sales 162.3 (prior 292.2).
USDA Beef Net Export Sales were 9.6 (prior 11), USDA Beef Gross Export Sales 12.2 (prior 13), USDA Pork Net Export Sales 39.5 (prior 37.3) and USDA Pork Gross Export Sales 41.5 (prior 39.5). All figures are in USDA reporting units (RT economic calendar, RT).
What to watch today and this week
Frequently Asked Questions
Why did the Nasdaq fall while the Dow rose?
Growth stocks are most sensitive to rising bond yields, so the Nasdaq fell 0.91% to 25,136. The Dow rose 0.10% to 52,348 on firmer older industrial names.
How high is the US 10-year yield?
It ended Friday at 5.145%, up on the day. That makes Treasuries a serious rival to shares and pressures emerging markets.
Did US producer prices cool?
Slightly. October PPI rose 6.5% year on year against 6.6% expected, and 0.3% on the month against 0.4%.
What does this mean for the Brazilian real?
A firm dollar (index 103.411) and a 5%-plus Treasury yield pull money out of emerging markets. That leaves the real with little support while the Selic is 13.75%.
When are the next Fed and Copom meetings?
The Fed meets on 8 to 9 December and Brazil’s Copom on 9 December. Markets expect the Selic to stay unchanged.