📰 Nasdaq rebounds 1% as chip stocks recover; Dow falls despite strong jobs data
US stocks opened higher on Friday as chipmakers and technology stocks recovered from Thursday’s sharp selloff. The Nasdaq Composite led the rebound, while Dow Jones remained under pressure, as investors assessed stronger-than-expected jobs data and concerns about potential restrictions on AI infrastructure development. The recovery followed a bruising session on Wall Street, where the Nasdaq Composite entered correction territory after its steepest one-day decline in 19 months. Investors were also weighing the implications of the October employment report and the outlook for interest rates. Chip stocks lead recovery after Thursday's rout The Nasdaq Composite opened 1% higher while the S&P 500 gained 0.35%. The Dow Jones Industrial Average, however, fell 476 points. Nvidia rose 5.64% in trading after losing 9%

Source : Invezz
Time : 2026-11-06 14:43:12
Credit : ananthu c u
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