Stocks Rebound: Nasdaq Bounces Back After Tech Selloff Triggers Correction

Nasdaq jumps nearly 2% as investors recover from a data center-driven selloff. See how Nvidia, Micron, and the S&P 500 performed in today's market rebound.

Editorial Desk

November 6, 2026 One Min Read

POLICY WIRE — New York, United States — U.S. financial markets displayed renewed strength at the open on Friday, stabilizing after a sharp decline the day before that was fueled by fears of a slowdown in data center development.

In the opening hours of trading, the S&P 500 index added 72 points, representing a gain of almost 1%. Meanwhile, the technology-focused Nasdaq Composite surged 437 points, or 1.8%, while the Dow Jones Industrial Average slipped 129 points, a decrease of 0.2%.

Investor sentiment had spiked in the immediate aftermath of the midterm elections earlier in the week, only to reverse sharply on Thursday. Traders began weighing whether significant Democratic wins might result in stricter regulations on data center construction and reduced expenditure on artificial intelligence.

By Friday, tech investments began to recover, pulling the Nasdaq upward after a severe rout on Thursday. The previous day’s plunge saw the index lose more than 1,400 points, officially entering a “correction,” a term used when stock values drop at least 10% from their recent highs.

Key AI-related names led the rally, with chipmaker Nvidia, a key indicator for the sector, jumping 6.6% in early trade. Semiconductor firm Micron Technology also posted substantial growth, rising 9.8%.

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This is a developing story and will be updated.

Reporting by Policy-Wire (PW)

Editorial Desk

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