Stock Market Today (Nov 7, 2026): Tech Bounces

Stock market today: Tech stocks rebounded as the Nasdaq gained 1.09% following blowout US payrolls, while Asian bourses sank and the Dow slipped.

In the stock market today, major Wall Street indexes finished mixed as dip buyers helped technology shares recover from steep post-midterm losses, while stronger-than-expected labor data pushed borrowing costs higher. The tech-focused Nasdaq Composite advanced 1.09% on Friday, November 6, 2026, even as the blue-chip Dow Jones Industrial Average dropped 0.46% in response to rising interest rate expectations.

Markets at a glance

The table below summarizes benchmark performance across major asset classes for the Friday, November 6, 2026 session. Understanding how these benchmarks function helps clarify cross-asset movements; readers can learn more in our guide on how stock market indices work.

Asset	Level / Price	Daily Change	As of
S&P 500	7,376.86	+0.31% (+23.13 pts)	Nov 6, 2026, 4:00 PM EST
Nasdaq Composite	24,579.42	+1.09% (+264.43 pts)	Nov 6, 2026, 4:00 PM EST
Dow Jones Ind. Avg.	51,285.73	-0.46% (-237.33 pts)	Nov 6, 2026, 4:00 PM EST
FTSE 100	10,673.94	-1.01% (-108.9 pts)	Nov 6, 2026, 4:30 PM GMT
STOXX Europe 600	648.33	-1.00% (-6.55 pts)	Nov 6, 2026, 5:30 PM CET
Nikkei 225	57,434.77	-5.96% (-3,640.4 pts)	Nov 6, 2026, 3:00 PM JST
Gold (XAU/USD Cash)	$4,064.50	-0.93% (-$38.00)	Nov 6, 2026, 5:00 PM EST
Brent Crude Oil	$97.79 / bbl	-0.51% (-$0.50)	Nov 6, 2026, 4:30 PM EST
US 10-Yr Treasury Yield	4.85%	+1 bp (+0.01 pp)	Nov 6, 2026, 5:00 PM EST
EUR/USD	1.1143 – 1.1151	-0.61% to -0.82%	Nov 6, 2026, 5:00 PM EST
Bitcoin (BTC/USD)	$75,806 – $75,943	-0.14% to Flat	Nov 6, 2026, 5:00 PM EST

Note: Alternate readings recorded during the session included S&P 500 reaching an intraday high of 7,444.20 (+1.07%) before trimming gains; Dow Jones at -0.26% on earlier snapshots; Gold December futures at $4,081.00 (-0.79%); and Brent crude briefly touching $100.92 in late Asian trade.

What moved markets: Drivers in the stock market today

The dominant economic catalyst was the October US nonfarm payrolls (NFP) report, a monthly release tracking US paid workers outside agriculture. The U.S. Bureau of Labor Statistics reported an increase of 165,000 jobs, far exceeding consensus estimates of 59,000 from Dow Jones and 65,000 from Reuters and Bloomberg. The unemployment rate stood at 4.1% against expectations of 4.2%, while average hourly earnings rose 0.4% month-over-month and 3.1% year-over-year.

These robust figures raised expectations that the Federal Reserve will tighten monetary policy further. Market pricing lifted the probability of a 25-basis-point rate hike (a basis point is 0.01 percentage point) in December to 72%–78%. In response, the 2-year Treasury yield rose to 4.51%–4.52%, and the 10-year yield held near 4.85% (peaking intraday at 4.90%). Investors tracking policy shifts can read more on how interest rates affect stocks, gold, and currencies. Chris Zaccarelli, chief investment officer at Northlight Asset Management, noted: "The economy is doing well – it is growing at 3.4%, corporate earnings are up more than 25% year-over-year – and it can handle higher oil prices and higher interest rates."

Equity markets also managed the aftermath of Thursday's rout, when $2.3 trillion was wiped from the Nasdaq-100 following Democratic congressional victories in the November 3–4 midterm elections, which raised concerns over AI regulation and data center restrictions. Bargain hunters stepped in on Friday to buy beaten-down semiconductor and platform leaders. Adam Crisafulli of Vital Knowledge remarked that "tech is rebounding after two days of some of the most aggressive selling in a long time, although the rally is very tentative and tepid." Meanwhile, Ed Yardeni of Yardeni Research described the pullback as an attractive "buying opportunity," calling regulatory issues "speed bumps, not roadblocks."

In contrast, international exchanges experienced heavy selling. Japan's Nikkei 225 fell 5.96%, closing below 60,000 for the first time since May, and South Korea's Kospi dropped 6.02%. Hao Hong, chief investment officer at Lotus Asset Management, noted that institutional margin triggers forced managers to reduce positions across Asian exchanges: "There’s nowhere to hide... [the correction is] far from finished."

Top stock movers

Large-cap technology and cloud infrastructure providers led US gainers, while European services and telecom firms slipped:

Cloudflare (NYSE: NET): Surged 9.91% after reporting its fastest quarterly revenue growth in nearly four years and providing upbeat enterprise customer expansion guidance.
Micron Technology (NASDAQ: MU): Rose 3.9%, leading a rebound across memory chip manufacturers following an earlier contraction. For sector context, review our analysis on why chip stocks tumble.
Nvidia (NASDAQ: NVDA): Gained 2.5% on strong institutional trading volume.
Meta Platforms (NASDAQ: META): Advanced 2.1% after announcing a $15 billion bond offering to fund ongoing infrastructure programs, reassuring investors about its capital expenditure (capex, or spending on physical infrastructure and equipment).
Amazon (NASDAQ: AMZN) & Alphabet (NASDAQ: GOOGL): Rose 0.9% and 0.8% respectively as mega-cap tech stabilized.
CVRx, Inc. (NASDAQ: CVRx): Plunged 35% to $0.9458 after posting wider third-quarter losses and deteriorating gross margin forecasts.
Teleperformance SE (Euronext Paris: TEP): Collapsed 17.8% after the French company lowered its 2026 sales growth target due to contract cancellations in its Trust and Safety division.
SoftBank Group (TYO: 9984): Dropped between 10.4% and 12% in Tokyo, weighed down by concerns over its ~13% direct stake in OpenAI amid scrutiny of artificial intelligence deal structures.
SK Hynix & Samsung Electronics: Fell 10.8% and 6.4% respectively in Seoul amid forced liquidations across the chip industry.
Charter Communications (NASDAQ: CHTR): Declined 4.88% to $119.72 on disappointing third-quarter broadband subscriber numbers.
Microsoft (NASDAQ: MSFT): Slipped 0.6%, lagging peers due to persistent debate over returns on enterprise AI software spending.

Gold, oil and currencies

Commodity markets consolidated following earlier volatility:

Precious Metals: Cash gold fell 0.93% to $4,064.50 per ounce, while December futures settled at $4,081.00 (-0.79%). Spot gold touched $4,081.22 in London before dropping to $4,047.88 after the US employment report. David Meger, director of metals trading at High Ridge Futures, noted that weaker energy prices eased inflation concerns and softened the need for aggressive rate hikes down the road, while Ole Hansen of Saxo Bank reported systematic funds had earlier covered short hedges in gold.
Crude Oil: Brent crude fell 0.51% to $97.79 per barrel, bringing its weekly decline to 13.1%. WTI rose 0.6% to $91.04. Sentiment reflected expectations that the post-election balance in Washington could ease Middle East tensions and shipping risks near the Strait of Hormuz.
Currencies & Yields: The US Dollar Index (DXY) climbed 0.76% to 102.32, pushing the euro lower to between 1.1143 and 1.1151 (-0.61% to -0.82%). The 10-year Treasury yield settled at 4.85%. Bitcoin traded between $75,806 and $75,943, with its euro equivalent recorded at €67,444.00.

What to watch tomorrow

Global equity and commodity exchanges in the US, the UK, Europe, and Japan are closed for the weekend.

On Sunday, November 8, 2026, the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) will hold their annual one-hour Diwali Muhurat trading session to inaugurate Samvat 2083. Continuous equity trading is scheduled from 2:20 PM to 3:30 PM IST (8:50 AM to 10:00 AM UTC), with the pre-open session from 2:05 PM to 2:20 PM IST. This represents the only equity exchange session operating globally on Sunday.

Global foreign exchange and equity index futures resume trading at 6:00 PM EST on Sunday (23:00 UTC). Later in the week, investors will monitor corporate earnings from Take-Two Interactive, Skydance, Roivant Sciences, Rocket Lab USA, and CNH Industrial on Monday, followed by the US Consumer Price Index (CPI) release for October 2026 on Tuesday, November 10, at 8:30 AM EST.

FAQ

Why did the Nasdaq Composite rise while the Dow fell?

The Nasdaq gained 1.09% as bargain hunters purchased beaten-down semiconductor and software stocks after Thursday's post-election selloff. The Dow fell 0.46% because strong jobs data pushed Treasury yields higher, reducing appetite for dividend-paying and defensive industrial shares.

What caused Treasury yields to move higher on Friday?

The US Bureau of Labor Statistics reported that October nonfarm payrolls surged by 165,000, well above estimates near 59,000 to 65,000. This resilient economic data caused markets to raise the odds of a December Federal Reserve rate hike to between 72% and 78%, lifting the 10-year yield to 4.85%.

Why did Asian stock markets slide overnight?

Asian markets reacted to delayed selling from Wall Street's Thursday rout. Institutional stop-losses and margin triggers prompted widespread forced liquidation across major semiconductor and AI suppliers, driving Japan's Nikkei 225 down 5.96% and South Korea's Kospi down 6.02%.

Sources

This article is for informational purposes only and is not financial advice. Markets move quickly; check live prices before making decisions.