S&P 500 rises 2.5%... Short squeeze data is based on pre-rebound levels

The S&P 500 rose 2.5% over the November 9–13 week, closing at 7,561.67 versus 7,376.86 on November 6, a gain of 184.81 points, even as inflation data, rising Treasury yields and Nvidia's CEO change dominated the news flow. October CPI rose 0.4% month-over-month on a seasonally adjusted basis, down from 0.6% in September, while core CPI—excluding food and energy—climbed 0.3% for a third straight month from August through October. The article notes that no survey data was collected in October 2025 due to a budget gap, complicating the year-over-year comparison for October 2026 CPI. The weekly advance matters because it shows equities absorbing both hotter core inflation and higher bond yields without breaking, a combination that typically pressures valuations. What to watch next is whether the 0.3% core CPI pace persists and whether Treasury yields keep climbing, since either could test the index's hold above 7,500.