Nasdaq rises 1.09% as chip stocks recover from a sharp sell-off over AI regulation fears

FinanceInternationalFox BusinessNov 6, 2026, 4:48 PMAI summary

The Nasdaq Composite rose 1.09% on Friday, a day after an AI stock sell-off pushed the index into correction territory. The semiconductor index gained 4.2%, with Nvidia up 2.8%, AMD up 11% and Intel up 7.71%. The Dow Jones fell 0.46% to 51,285.73 points and the S&P 500 added 0.31%. Investors weighed how Democrats' midterm election victories could affect AI regulation. The U.S. economy added 165,000 jobs in October and unemployment fell to 4.1%.

In 35 seconds

The Nasdaq Composite gained 1.09% and the semiconductor index rebounded 4.2% after Thursday's drop.
AMD rose 11%, Intel 7.71% and Nvidia 2.8%; the Dow Jones fell 0.46% and the S&P 500 added 0.31%.
Thursday's sell-off followed Democrats' midterm election victories and questions over AI regulation.

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IASummary generated by artificial intelligence from a story by Fox Business. It may contain errors: the original source prevails.

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Nasdaq rises 1.09% as chip stocks recover from a sharp sell-off over AI regulation fears

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Keep reading

With more than 90% of the budget committed, fiscal adjustment runs out of room

PEI and GeoPark lead deals worth more than US$1.2 billion in a year of big purchases in Colombia

DataCrédito Experian: 81% of credit originators in Colombia already use artificial intelligence

Colombia's central bank forecasts exclude a possible Venezuelan boost to the economy