How Major US Stock Indexes Fared Friday 11/6/2026
Technology shares led a partial rebound, but the Nasdaq still posted a fourth straight weekly decline as investors weighed AI regulation and higher rate risks.
- On Friday, Wall Street equities mostly rallied, reversing course after trillions of dollars in market value were wiped out by fears that Democratic election victories would bring tighter AI industry regulations.
- Texas Democratic governor-elect Gina Hinojosa announced on Thursday that the state will introduce new laws to protect local communities from the mass buildup of data centers.
- Rebounding technology stocks saw Nvidia rise 3 per cent and chipmakers like AMD climb 10 per cent, while nonfarm payrolls beat expectations with a 165,000 pickup in jobs.
- Gerry Sparrow, president and portfolio manager at Sparrow Capital Management, noted that volatility reflects uncertainty during the transition from Republican-led to Democratic-led governance.
- Treasury yields rose to 4.85 per cent as global markets faced broader instability, while Brent crude prices edged toward $100 a barrel on hopes for de-escalation in the Iran war.
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The Nasdaq index closes in positive after the turn of sales on Thursday. Investors are worried about future sites of data centers in the US
How major US stock indexes fared Friday 11/6/2026
AI stocks bounced back and recovered some of their sell-off from earlier in the week. The rest of the U.S. stock market was mixed Friday following a whirlwind few days of Wall Street trying to sort out what this week’s U.S. midterm elections will mean for the economy. The S&P 500 rose 0.3% and trimmed its loss for the week. The Dow Jones Industrial Average dipped 0.5%, and the Nasdaq composite rallied 1.1%. Wall Street’s relative steadiness halt…
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