S&P 500 closes at 7,376.86 after Friday rebound
Published on 11/06/2026 at 22:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFriday rebound after sharp sell-off
- The S&P 500 closed at 7,376.86 on November 6, rising 0.31% from the previous session.
- AI and semiconductor shares recovered part of their earlier losses, while the broader market remained mixed.
- A stronger-than-expected October jobs report supported Treasury yields and revived expectations for another Federal Reserve rate hike.
The S&P 500 ended Friday, November 6, at 7,376.86 points, up 23.13 points or 0.31% from the previous session. The close followed a 4.36% slide on Thursday and reduced the index's weekly decline to 203.21 points, or 2.7%, according to The Associated Press.
AI shares lead partial recovery
AI-related stocks rebounded after the technology-led sell-off earlier in the week. The broader market was mixed, with the Nasdaq Composite rising 1.1% and the Dow Jones Industrial Average falling 0.5%. The recovery halted the recent global equity decline, but did not erase the S&P 500's losses for the week.
The previous session's sell-off had followed renewed concerns about the financing and pace of data-center construction, as well as uncertainty about the economic implications of the U.S. midterm elections. The Associated Press reported that investors were still assessing what the change in political control could mean for the economy.
Jobs data keeps the Fed in focus
Macroeconomic data provided a competing signal on Friday. The U.S. economy added 165,000 jobs in October, compared with a consensus forecast of 65,000, while wages increased 0.4% and the unemployment rate edged down to 4.1%, according to Charles Schwab.
The stronger labor-market figures pushed Treasury yields higher and increased market attention on the possibility of another Federal Reserve rate hike. That rate outlook remains an important counterweight to any recovery in growth-sensitive technology shares, particularly after the sharp repricing of AI and semiconductor stocks.
Investors weigh recovery against volatility
For investors, Friday's gain represented a limited recovery rather than a reversal of the week's risk-off move. The S&P 500 remained sensitive to both the durability of AI investment and the path of interest rates. The index's response to upcoming inflation data and further evidence on corporate technology spending may therefore matter more than a single session's rebound.
More coverage of the S&P 500 is available in the topic overview.
