S&P 500 Rises, Dow Slips as Nasdaq Jumps 1.09% After Jobs Report

The S&P 500 gained 0.34% and the Nasdaq rose 1.09% Friday, while the Dow fell 0.46% after a surprisingly strong October jobs report.

The S&P 500 closed at 7,378.90, up 0.34%, as the Nasdaq Composite jumped 1.09% to 24,579.42 on a rebound in technology shares, while the Dow Jones Industrial Average slipped 0.46% to 51,285.73. The Russell 2000, which tracks smaller companies, added 0.89% to 2,754.11. The 10-year Treasury yield rose 0.48% to 4.860%, and the VIX, a gauge of expected market volatility, tumbled 9.05% to 25.63 as anxiety eased from the prior session's selloff.

How the market closed
IndexCloseChange
S&P 5007,378.90+0.34%
Dow Jones Industrial Average51,285.73-0.46%
Nasdaq Composite24,579.42+1.09%
Russell 20002,754.11+0.89%
VIX (volatility index)25.63-9.05%
10-year Treasury yield4.860%+0.48%

Source: Index levels at the close · as of November 6, 2026 at 4:30 PM ET · The 10-year Treasury yield is shown as a yield; its change is the percentage change in that yield.

The biggest S&P 500 moves

Coherent led gainers, up 13.58% to $192.81, after Benzinga reported the stock rose on broad buying in technology names recovering from the prior day's rout. Airbnb climbed 11.67% to $189.99 after Bloomberg reported chief executive Brian Chesky said the company is back in growth mode following its fastest revenue increase in three years. Advanced Micro Devices rose 11.04% to $449.04, with Benzinga crediting the move to investors buying the dip across AI-linked chipmakers including Micron and SanDisk after Thursday's tech slide. Vistra gained 10.55% to $124.80 after Benzinga reported the power company posted stronger-than-anticipated revenue and adjusted earnings for the third quarter and lifted its full-year profit forecast. AppLovin rose 9.86% to $391.22; the stock moved despite a securities class action announced by Pomerantz Law Firm against the company and certain officers.

On the downside, Axon Enterprise tumbled 18.18% to $313.00 after Barron's reported the Taser maker's third-quarter results missed estimates and the company cut its full-year sales projection, pointing to pushed-back federal drone orders as the main culprit. Microchip Technology fell 10.02% to $58.35; the stock moved lower. Charter Communications dropped 6.19% to $118.07, Insulet fell 6.16% to $146.51, and Centene declined 6.03% to $69.70; each of these stocks moved without an explanation given in the facts.

S&P 500: the biggest moves of the day

Source: Closing prices against the prior close, S&P 500 members · as of November 6, 2026 at 4:30 PM ET

S&P 500: biggest gains today
StockCompanyCloseChange
COHRCoherent, Inc.$192.81+13.58%
ABNBAirbnb$189.99+11.67%
AMDAdvanced Micro Devices$449.04+11.04%
VSTVistra Corp.$124.80+10.55%
APPAppLovin Corporation$391.22+9.86%

Source: Closing prices against the prior close, S&P 500 members · as of November 6, 2026 at 4:30 PM ET

S&P 500: biggest declines today
StockCompanyCloseChange
AXONAxon Enterprise$313.00-18.18%
MCHPMicrochip Technology$58.35-10.02%
CHTRCharter Communications$118.07-6.19%
PODDInsulet Corporation$146.51-6.16%
CNCCentene Corporation$69.70-6.03%

Source: Closing prices against the prior close, S&P 500 members · as of November 6, 2026 at 4:30 PM ET

Sectors

Four of the eleven sectors finished higher. Technology led by a wide margin, up 1.45%, followed by communication services, up 0.43%, and industrials, up 0.14%. Consumer staples lagged furthest, down 1.28%, with materials and real estate also among the weakest, each down more than 0.7%.

Sectors today
SectorChange
Technology+1.45%
Communication services+0.43%
Industrials+0.14%
Energy+0.02%
Consumer discretionary-0.05%
Health care-0.06%
Utilities-0.39%
Financials-0.59%
Real estate-0.70%
Materials-0.73%
Consumer staples-1.28%

Source: Sector index funds, change on the day · as of November 6, 2026 at 4:30 PM ET

New highs and lows

Two S&P 500 stocks touched a 52-week high Friday, while eight touched a 52-week low. Moderna and Mettler Toledo reached new highs, closing up 5.27% and 2.57% respectively. On the low side, Axon Enterprise, Aptiv and Fidelity National Information Services all touched new 52-week lows, with Axon falling 18.18% to close at a fresh low of $313.00.

S&P 500 stocks at a 52-week high or low today
StockCompanyTouchedCloseChange
MRNAModerna52-week high$254.19+5.27%
MTDMettler Toledo52-week high$1,722.15+2.57%
AXONAxon Enterprise52-week low$313.00-18.18%
APTVAptiv52-week low$39.44-3.45%
FISFidelity National Information Services52-week low$28.73-2.25%
HONAHoneywell Aerospace Inc52-week low$152.92+2.23%
COINCoinbase Global52-week low$134.76-1.51%
ORCLOracle Corporation52-week low$116.05+0.77%
AVGOBroadcom52-week low$293.69+0.74%
TPLTexas Pacific Land Corporation52-week low$272.36+0.07%

Source: Session range against the 52-week range, S&P 500 members · as of November 6, 2026 at 4:30 PM ET

On the calendar

The October jobs report beat expectations across the board: nonfarm payrolls rose by 165,000 versus a forecast of 65,000, private payrolls increased by 159,000 versus a forecast of 64,000, and the unemployment rate fell to 4.1% versus a forecast of 4.2%. Average hourly earnings rose 0.4% month over month, ahead of the 0.3% forecast, though the U-6 unemployment rate, a broader measure that includes underemployed and discouraged workers, climbed to 7.9% from a forecast of 7.6%. The University of Michigan's November consumer sentiment reading came in at 51, well above the forecast of 48. Federal Reserve officials Williams, Musalem and Bowman also spoke during the session.

On Monday, Constellation Energy, Ferguson Enterprises, KKR and NRG Energy will report results before the market opens, alongside Take-Two Interactive. Occidental Petroleum and Skydance Corporation will report after the close.

Today's US economic releases
Time (ET)ReleaseActualConsensusPrior
4:30 AMFed Williams Speech———
8:30 AMParticipation Rate (Oct)61.9%61.9%61.8%
8:30 AMU-6 Unemployment Rate (Oct)7.9%7.6%7.6%
8:30 AMNonfarm Payrolls Private (Oct)159K64K78K
8:30 AMUnemployment Rate (Oct)4.1%4.2%4.2%
8:30 AMAverage Hourly Earnings MoM (Oct)0.4%0.3%0.3%
8:30 AMNon Farm Payrolls (Oct)165K65K60K
8:30 AMAverage Hourly Earnings YoY (Oct)3.1%2.9%3.2%
9:10 AMFed Musalem Speech———
10:00 AMMichigan Consumer Sentiment (Nov)514848
12:15 PMFed Bowman Speech———
3:30 PMCFTC Nasdaq 100 speculative net positions42.9K—48.8K
3:30 PMCFTC S&P 500 speculative net positions-129.4K—-134.4K
3:30 PMCFTC Crude Oil speculative net positions80.3K—74.3K
3:30 PMCFTC Gold Speculative net positions179.5K—186.5K

Source: Economic calendar, US releases of high and medium impact

On the calendar for Monday, November 9, 2026
WhenWhatEstimate
Before the openCEG (Constellation Energy) earnings$3.90
Before the openFERG (Ferguson Enterprises Inc.) earnings$3.31
Before the openKKR (KKR) earnings$1.58
Before the openNRG (NRG Energy) earnings$3.35
After the closeOXY (Occidental Petroleum) earnings$1.45
After the closeSKYD (Skydance Corporation) earnings$0.16
Before the openTTWO (Take-Two Interactive) earnings$0.97

Source: Economic and company earnings calendars

Sources

How this was made

Built from WiseView and market data, with reporting from the sources above. Drafted with AI assistance and reviewed by an editor before publishing. How this report is made

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