S&P 500 rises 0.81% as chip stocks rebound
Published on 11/06/2026 at 18:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSS&P 500 rebounds as chips recover
- The index stood at 7,413.01 points at 12:00 p.m. Eastern time on November 6, up 0.81% from the previous close.
- A stronger-than-expected October jobs report and a rebound in semiconductor shares shaped the session, while rate-hike expectations remained in focus.
- The recovery remained narrow, with technology leading and the equal-weight S&P 500 still lower, according to Barron's.
The S&P 500 was higher in the ongoing U.S. session on Friday, November 6, 2026, as technology and semiconductor shares recovered from the previous day's broad sell-off. At 12:00 p.m. Eastern time, equivalent to 6:00 p.m. Berlin time, the index stood at 7,413.01 points, up 59.28 points or 0.81% from the November 5 close of 7,353.73. The current reading and timestamp were reported by Barron's.
Jobs data keeps rate policy in focus
The U.S. Bureau of Labor Statistics reported that nonfarm payroll employment rose by 165,000 in October and that the unemployment rate was 4.1%. Average hourly earnings increased 0.4% in the month and were 3.1% higher than a year earlier. The release was issued at 8:30 a.m. Eastern time, before the reported index snapshot. The full figures are available from the U.S. Bureau of Labor Statistics.
Chip rebound narrows the recovery
According to Reuters, published by Yahoo Finance, technology, communication services and consumer discretionary stocks supported the rebound, while the Dow was slightly lower. Semiconductor shares also recovered after Thursday's losses. The report said investors were weighing stronger employment data, the prospect of higher interest rates and uncertainty over possible restrictions affecting AI data-center construction.
The market's internal picture was less convincing than the headline index suggested. Barron's reported that the equal-weight S&P 500 was down 0.2% even as the capitalization-weighted benchmark gained, indicating that the recovery was concentrated in large technology companies. The index remained in a volatile week after Thursday's 4.36% decline.
Further developments for the S&P 500 are covered on the S&P 500 topic page.
