The two-day market whiplash was set off when election-driven regulatory concerns sent the Nasdaq Composite down 5.52% into correction territory. On Friday, chipmakers staged an aggressive turnaround, led by double-digit recoveries in certain semiconductor names and broad buying in tech equipment suppliers. However, broader indexes struggled to fully mend the damage, with the S&P 500 recording its worst week since April 2025 as nonfarm payrolls beat expectations and the 10-year Treasury yield rose to 4.86%.
Key points
Regulatory anxieties tied to data center development triggered an abrupt $2.5 trillion ro…: Regulatory anxieties tied to data center development triggered an abrupt $2.5 trillion rout before dip-buyers intervened.
Semiconductor manufacturers and chip-servicing firms led the immediate recovery following…: Semiconductor manufacturers and chip-servicing firms led the immediate recovery following severe single-session valuation drops.
Broader market sentiment remained constrained by rising bond yields and persistent weakne…: Broader market sentiment remained constrained by rising bond yields and persistent weakness in cyclical and healthcare shares.
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US technology stocks went from a brutal selloff to a sharp recovery in just two trading sessions, leaving investors wondering whether the worst is over for semiconductor shares. Nvidia, AMD, Intel and Micron Technology were among the biggest movers, with several chipmakers recovering between 5% and 11% on Friday after suffering steep losses a day earlier.
The dramatic swings came amid growing uncertainty over the artificial intelligence (AI) trade, particularly concerns about data centre expansion, regulation and the sustainability of investment in the sector.
While Friday's rebound offered some relief, it was not enough to erase the damage from Thursday's rout. The S&P 500 ended the week 2.7% lower, its biggest weekly decline since April 2025.
On Friday, November 6, 2026, Wall Street staged a mixed and volatile recovery as investors bought beaten-down technology and semiconductor stocks. The rebound halted the multi-day global market rout triggered by concerns surrounding the US midterm election results, although gains remained uneven across indices.
The S&P 500 rose 0.31%, or 23.13 points, to close at 7,376.86, trimming some of its weekly losses. The Dow…
A Singapore court authorized the seizure and sale of Tata Power's local subsidiary shares after rejecting its challenge to a major arbitration ruling favoring Kleros Capital. The outstanding liability exceeds $650 million, representing roughly 5% of the utility major's total market value and equal to about one full year of net profit. This severe financial exposure threatens to trigger immediate downward pressure on the stock during upcoming trading sessions.
Investors are facing a busy calendar as dozens of firms determine shareholder eligibility for significant capital returns and balance sheet adjustments. These scheduled corporate moves will influence equity valuations and trading volumes across prominent consumer goods, infrastructure, and energy holdings. Tracking these deadlines ensures eligible market participants secure upcoming payouts and newly issued shares.
A sharp multi-day market rally pushed the benchmark index up by thousands of points as buying momentum broadened across major equities. Within this widespread advance, an elite cohort of shares delivered substantial double-digit returns by closing higher in every single trading session. Investors tracking the run saw these selected top performers significantly outpace the broader index's overall gains.