Nasdaq futures climbed on Friday, Nov. 6, recovering some ground after a sharp technology-led decline, while Dow and S&P 500 futures moved unevenly, according to Yahoo Finance. The same report said the US economy added 165,000 jobs.
The rebound follows a brutal stretch for technology shares. Yahoo Finance described the previous session as tech stocks' worst day since 2020. CNN reported that the broader market slump wiped out $2.5 trillion in value, and The Wall Street Journal called the episode a $2.5 trillion "AI reality check" marked by a historic rout in tech stocks.
Coverage also tied the sell-off to politics. The Economist framed the market reaction around investor unease with what it called America's "blue wave," referring to Democratic election gains. CNN separately examined what drove the $2.5 trillion decline.
The picture on Friday was mixed rather than a full recovery: futures for the Nasdaq pointed higher, but the Dow and S&P 500 did not follow a single direction, Yahoo Finance reported. The jobs figure of 165,000 was the main economic data point in the same report.
Investors will be watching whether the Nasdaq's early gains hold through the session and whether the labor market data shifts expectations for the next moves from the Federal Reserve.
