Market Wrap: Friday, November 6, 2026 — S&P 500, Nasdaq & Dow Jones

Today's market session saw a mixed performance across major US indices, with the S&P 500 closing 0.31% higher, the Nasdaq Composite surging 1.09%, and the Dow Jones Industrial Average declining 0.46%. The uneven moves suggest that the market is still grappling with the aftermath of the AI trade meltdown, which triggered a 5.5% plunge in the Nasdaq on November 5. However, the index rebounded 1% today as traders snapped up tech shares, indicating a risk-on tone in the market.

The hot jobs report, which showed a 165,000 increase in October, also played a significant role in shaping market sentiment today. The report's release helped to boost the tech sector, with shares of companies like Airbnb, Cloudflare, and Lam Research in focus. Meanwhile, the Dow's decline suggests that some investors remain cautious, particularly in the wake of President Trump's comments blaming voters for the stock market rout. The overall tone of the market remains uncertain, with the S&P 500 and Nasdaq on track for weekly losses despite today's gains.