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2026-11-06T21:40:47.036Z

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Nasdaq rises, weekly loss

Nasdaq rises, weekly loss

Technology stocks rose at Friday’s close, with the Nasdaq gaining 1.09% to 24,579.43. However, it posted losses for a fourth consecutive week after entering correction territory, down 10% from its peak a month ago. The gains, which included shares of Nvidia and AMD, reflected continued bets on investment in AI infrastructure. The S&P 500 rose 0.32%, while the Dow Jones fell 0.46%. U.S. jobs data showed employment rose more than expected in October and unemployment fell to 4.1%. Meanwhile, the likelihood of an interest-rate hike in December climbed to 78%, keeping market volatility elevated.

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