Markets & Investing
Tech Bounces Back Friday, but the Dow Can't Shake a Bruising Week
The Nasdaq gained 1.1% as chip stocks recovered, while a strong jobs report kept pressure on interest rates.
By JAKE MORRISONStaff Correspondent · NEW YORK · Nov 6, 5:10 PM · 1 min. read
Wall Street caught its breath Friday after Thursday's rout.
The Nasdaq composite rose 1.09% to 24,579.42, and the S&P 500 added 0.31% to 7,376.86. The Dow slipped 0.46% to 51,285.73, and the Russell 2000 gained 0.89% to 2,754.11.
Chipmakers led the rebound. Broadcom rose 4.9%, and Micron and Sandisk recovered part of their losses. The VIX, Wall Street's fear gauge, fell 9.2% but stayed elevated at 25.58.
The Associated Press said Wall Street's steadiness halted what had been a worldwide tumble for stocks, while Treasury yields held firmer after a strong jobs report. Japan's Nikkei and South Korea's Kospi had each fallen about 6% after Thursday's U.S. sell-off.
The week went from a historic rally to a historic plunge in 24 hours. Next week brings the October inflation report, and with it the next big test for the Fed.
Sources
- StockMarketWatch: Nightly Market Digest, Friday, November 6, 2026 (link)
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