Wall Street: Nasdaq and S&P 500 rebound, Dow Jones slips
On Friday, November 6, 2026, the Nasdaq rose 1.09% and the S&P 500 gained 0.31%, while the Dow Jones fell 0.46% to 51,285.73 points, as investors returned to semiconductor stocks. The S&P 500 closed at 7,376.86 points and the Nasdaq at 24,579.42. Nvidia rose 2.8% after a 9.3% drop Thursday, with Micron up 5.1% and Lam Research up 8.2% on a $25 billion buyback plan. Weekly losses were trimmed to 3.4% for the Nasdaq and 2.7% for the S&P 500. Investors weighed Democratic midterm election wins' impact on AI data center regulations and strong October jobs data showing 165,000 new positions. The 10-year Treasury yield rose to 4.86%, and Fed rate hike odds for December climbed to 78%. Brent oil closed nearly flat at $98.32 per barrel.