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2026-11-06T15:05:18.636Z

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Dollar climbs against yen

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Dollar climbs against yen

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Nasdaq rebounds from chip rout

Nasdaq rebounds from chip rout

The Nasdaq rose 1.1% at the start of trading Friday as investors returned to chip stocks. Micron gained 6% and Nvidia 5%, following steep losses in the previous session. The Nasdaq had fallen 5.5% on Thursday, closing more than 10% below its record high and entering correction territory, amid concerns about a slowdown in data-center construction and pressure on technology stocks. Bond yields also rose after a strong U.S. jobs report showed 165,000 jobs added in October. Despite the rebound, the Dow Jones remained down 518 points, and the article noted that trading could remain volatile in the near term.

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