US Stocks Eke Out Gains as Chipmakers Rebound; Dollar Climbs After Jobs Report
US stocks closed higher Friday, with the 7,377 edging up +0.32% and the 24,579 rising +1.09% as beaten-down chipmakers rebounded. A solid October payrolls print and a Democratic election sweep left investors recalibrating the rate path, lifting the dollar and Treasury yields.
Scoreboard
- S&P 500 7,377 (+0.32%)
- Euro Stoxx 50 6,170 (-0.98%)
- Nikkei 225 57,435 (-5.96%)
- Gold 4,074 (-0.95%)
- WTI 90.62 (+0.11%)
- US 10Y 4.864% (+3bp)
- DXY 102.2770 (+0.72%)
- Bitcoin 75,804 (-0.25%)
- VIX 25.56 (-9.30%)
- DE 10Y 3.253% (+0bp)
The October jobs report showed payroll gains and an unemployment rate that held near recent levels, a steady reading that bolstered the dollar. The 102.2770 rose +0.72%, and the 4.864% yield climbed +3bp as markets rethought the path of interest rates following the Democratic election sweep. Chip stocks led the equity recovery, with Nvidia and AMD rebounding from the selloff that had pushed the Nasdaq into correction territory, even as reports pointed to a more hostile Washington stance toward Nvidia. The 25.56 fell -9.30%, unwinding much of the week's fear premium.
Key headlines
- Nvidia Faces More Hostile Washington
- US Sanctions MEXC, Prohibiting Fund Transfers
- Democrats Plan Tougher Crypto Laws After Election Win
- Micron’s stock is dirt cheap, and that’s igniting a fierce online debate
The takeaway
The rebound in Nvidia and AMD carried the tape even against a steady stream of negative headlines, from a more hostile Washington to the Nasdaq's entry into correction territory. That divergence suggests the chip selloff had run ahead of the fundamentals, and dip buyers treated the correction threshold as a level worth defending.
Attention turns to how markets digest the Democratic sweep and the prospect of tougher crypto legislation flagged by Democrats after their election win. Investors will watch whether the chip rebound holds, how far the dollar's advance runs, and whether the next inflation data confirm the rate path repriced after Friday's jobs report.
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Frequently asked questions: November 6, 2026
What happened in the markets today?
US stocks closed higher, with the 7,377 up +0.32% and the 24,579 up +1.09%, led by a rebound in chip stocks. The dollar and Treasury yields rose after the October jobs report, while the 25.56 fell -9.30%.
Did the stock market go up or down today?
US stocks rose. The 7,377 gained +0.32% and the 24,579 climbed +1.09%, while in Europe the 6,170 fell -0.98% and Japan's 57,435 dropped -5.96%.
Why did markets move today?
A solid October payrolls report and a Democratic election sweep prompted investors to rethink the rate path, lifting the 102.2770 by +0.72% and the 4.864% yield by +3bp. A rebound in chipmakers Nvidia and AMD lifted equities.
How did the S&P 500 do today?
The 7,377 edged up +0.32% to close at 7,377, supported by a recovery in semiconductor shares after the Nasdaq's slide into correction territory.
What did the dollar and Treasury yields do today?
The dollar strengthened, with the 102.2770 rising +0.72%, and the 4.864% Treasury yield climbed +3bp, both reflecting the October jobs report and a repricing of the rate path after the Democratic sweep.
Where can I track live market data across asset classes?
Hyperdash shows real-time prices, charts and positioning for equities like the S&P 500, commodities like Gold and crypto like Bitcoin, all in one dashboard.
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