Nasdaq and S&P 500 Rebound After Market Selloff

US financial markets regained ground on Friday, November 6, 2026, as technology shares recovered from a sharp selloff and investors evaluated stronger-than-expected employment figures. The Nasdaq Composite led the rebound with a 1.4% gain, while the S&P 500 advanced 0.5%, reflecting renewed buying activity after concerns about artificial intelligence spending unsettled Wall Street.

The Dow Jones Industrial Average (^DJI) edged down 0.1%, according to market data reported by Yahoo Finance. Despite Friday's recovery, major US indexes remained on course for substantial weekly losses following heightened volatility during election week.

Thursday's market rout wiped approximately $2.3 trillion from total market value. Investors were particularly concerned about a potential slowdown in data center construction and reduced spending on artificial intelligence infrastructure.

The technology-heavy Nasdaq had entered correction territory on Thursday following the broad decline. Semiconductor companies Nvidia (NVDA), AMD (AMD), Micron (MU), and Sandisk (SNDK) subsequently recovered some of their previous losses.

Market volatility also intensified during the selloff, with the VIX Volatility Index (^VIX) climbing 70% to 28. The increase reflected heightened uncertainty among investors as technology valuations and future AI investment prospects came under pressure.

Employment data provided another major development for investors. According to the US Department of Labor, the American economy added 165,000 jobs in October, substantially exceeding expectations.

The October figure compared with a revised increase of 60,000 jobs in September. Economists had expected employment growth of approximately 65,000 positions, making the latest report considerably stronger than forecast.

Oil markets also remained in focus as traders assessed geopolitical risks associated with the war in the Middle East. The possibility of renewed escalation continued to influence energy market sentiment.

Brent crude futures, the global oil benchmark, fell below $100 per barrel amid ongoing assessments of the conflict's potential impact on energy supplies and market conditions.

Friday's trading session therefore combined a partial recovery in technology shares with stronger employment figures and continuing geopolitical uncertainty. The Nasdaq's 1.4% advance represented the strongest performance among the three major US stock indexes during the session.