Markets
Wall Street ends its worst week in over a year, even after a Friday bounce
The S&P 500 fell 2.7% for the week and the Nasdaq logged a fourth straight weekly loss, as AI stocks sold off before a partial rebound.
In short
-2.7%S&P 500's weekly fall
- S&P 500: 7,376.86 (week −2.7%)
- Nasdaq: 24,579.42 (week −3.4%)
- Dow: 51,285.73 (week −0.9%)
Friday's close
On Friday 6 November the S&P 500 rose 0.3% to 7,376.86, the Nasdaq gained 1.1% to 24,579.42 and the Russell 2000 added 0.9% to 2,754.11. The Dow slipped 0.5% to 51,285.73.
Chip stocks led the bounce after Thursday's AI-led rout, and a strong US jobs report (165,000 jobs added) pushed Treasury yields up.
The week
For the week the S&P 500 lost 2.7%, its worst in more than a year, the Nasdaq lost 3.4%, its fourth weekly decline in a row, and the Dow fell 0.9%. The S&P is still up 7.8% for 2026 and the Nasdaq up 5.8%. Investors were also dealing with uncertainty around the US midterm elections.
