Markets today, November 6, 2026: AI selloff hits Asia, Wall Street rebounds

Stocks. Wall Street bounced after Thursday's rout, which erased about $3 trillion in value. The Nasdaq Composite rose 1.09% to 24,579.42, the S&P 500 rose 0.31% to 7,376.86 and the Dow fell 0.46% to 51,285.73. Nvidia gained 3.08% and AMD 10.69%. Earlier the selloff hit Asia: the KOSPI closed 6.02% lower after a 20-minute halt, and SoftBank fell 10.8% as the cost of insuring its debt hit a four-year high. In Europe the Dax lost 1.9% and the Stoxx Europe 600 1.1%. The jobs report was strong: 165,000 new jobs, unemployment 4.1%. Our stories: https://freekonomist.com/en/news/kospi-circuit-breaker-8-percent-drop-ai-selloff-2026-11-06/ , https://freekonomist.com/en/news/softbank-shares-fall-credit-risk-4-year-high-ai-fears-2026-11-06/ , https://freekonomist.com/en/news/ftse-100-index-closes-1-1-percent-lower-ai-selloff-2026-11-06/ and https://freekonomist.com/en/news/us-jobs-report-october-2026-payrolls-165000-2026-11-06/

Crypto. In our data bitcoin was $75,904 at 20:57 UTC, down 0.34% in 24 hours and 1.89% in a week. Ether was $2,230.62 and XRP fell 4.54% to $1.1756. Earlier in the day Investing.com wrote that bitcoin had dropped 5.1% to about $76,236 on worry about regulation under a Democrat-led Congress and the tech selloff. Our Fear & Greed reading is 28, Fear, down from 50 yesterday. About $403.8 million of positions were liquidated in 24 hours, about 76% of them longs. On November 5, bitcoin ETFs had $430.2 million of net outflows: https://freekonomist.com/en/news/bitcoin-ether-etf-outflows-530-million-2026-11-05/ . Strive bought 15,124 BTC in October: https://freekonomist.com/en/news/strive-bitcoin-15124-btc-october-q3-2026-results-2026-11-06/ . Also today, World Liberty Financial launched a WLFI buyback: https://freekonomist.com/en/news/world-liberty-financial-wlfi-token-buyback-2026-11-06/

Commodities and currencies. Gold futures settled 0.9% lower at $4,074.90 as the dollar and yields rose; spot gold is still up 5.2% on the week. Brent was near $97.84 and WTI near $90.67 at 16:37 GMT, with Brent on track for a 17% weekly fall, its steepest since the pandemic began. Reuters says hopes of easing in the Iran war pulled prices down, while tanker attacks keep a floor under them. At 20:57 UTC the euro was $1.1146 (-0.64%), the pound $1.3349 (-0.77%) and the dollar 158.49 yen (+0.53%). Bank of Japan Governor Ueda said there are "some upside risks" to inflation.

Also today. Tesla will wind down Cybertruck production in Texas around the middle of next year: https://freekonomist.com/en/news/tesla-stock-cybertruck-production-wind-down-texas-cybercab-2026-11-06/ . Canada's unemployment rose to 6.7%: https://freekonomist.com/en/news/canada-jobs-october-2026-unemployment-6-7-percent-2026-11-06/ . Italy's inflation is 5.4%: https://freekonomist.com/en/news/italy-inflation-october-2026-5-4-percent-istat-2026-11-06/ . Japan's wages rose 4.6%: https://freekonomist.com/en/news/japan-wages-september-2026-fastest-since-1997-2026-11-06/ . Colorado ends its flat tax: https://freekonomist.com/en/news/colorado-amendment-87-graduated-income-tax-passes-8-4-percent-2026-11-06/ . Nigeria set stablecoin rules: https://freekonomist.com/en/news/nigeria-cbn-stablecoin-rules-capital-algorithmic-ban-2026-11-06/

Next and where to look. Markets close for the weekend. Forex Factory's High impact list shows only New Zealand's election at 21:45 UTC. Bitcoin price and liquidations: https://freekonomist.com/en/crypto/btc/ . Gold: https://freekonomist.com/en/commodities/gold/ . U.S. macro data: https://freekonomist.com/en/macro/ . What well-known traders think: https://freekonomist.com/en/crowd/ . Token unlocks: https://freekonomist.com/en/unlocks/ . Yesterday's wrap: https://freekonomist.com/en/news/markets-today-2026-11-05/ . This is an overview, not advice.

已确认的事实

• The US dollar index rose 0.77% to 102.26 in afternoon trading on November 6 and was on track for its biggest daily percentage gain since June 17.^[3]
• US nonfarm payrolls rose by 165,000 in October against 65,000 expected in a Reuters poll, and the unemployment rate fell to 4.1%.^[3]
• After the report, market expectations of a Federal Reserve rate hike of at least 25 basis points in December moved back toward 80%, per CME FedWatch.^[3]
• The 10-year Treasury yield rose 1.6 basis points to 4.85% and the 2-year yield 4.1 basis points to 4.52%.^[3]
• Wages rose 0.4% on the month in October, and August and September were revised up by a combined 84,000 jobs.^[1]
• The KOSPI closed down 6.02% at 5,059.69 on November 6, after falling as much as 8.8% and triggering a 20-minute trading halt.^[6]
• Samsung Electronics closed 6.4% lower and SK Hynix 10.4% lower; the KOSPI fell 11.7% on the week.^[6]
• Reuters says the Democrats' midterm win sparked anxiety over the impact on the global AI investment boom.^[6]
• SoftBank Group shares ended 10.8% lower, and its 5-year credit default swap spread rose to as much as 466 basis points, the widest since October 2022.^[7]
• The Stoxx Europe 600 fell 1.1% and Germany's Dax 40 fell 1.9%; the FTSE 100 closed about 1% lower.^[8]
• The Dow closed down 0.46% at 51,285.73 and the S&P 500 up 0.31% at 7,376.86.^[1]
• The Nasdaq Composite rose 1.09% to 24,579.42.^[1][2]
• Nvidia rose 3.08% and AMD 10.69%.^[1]
• Thursday's selloff erased about $3 trillion in US stock market value; the S&P 500 fell more than 4% and the PHLX Semiconductor Index 12%.^[1]
• Yahoo Finance links the selloff to concerns about a slowdown in data center construction and AI spending.^[1]
• US gold futures for December delivery settled 0.9% lower at $4,074.90.^[4]
• Spot gold was at $4,074.36 an ounce at 18:54 GMT after a low of $4,033.29, and was up 5.2% on the week, its best week since August.^[4]
• Reuters says gold fell because stronger payrolls reinforced expectations that the Fed could keep rates higher for longer, boosting the dollar and Treasury yields.^[4]
• At 16:37 GMT January Brent was $97.84 a barrel, down 0.46%, and WTI was $90.67, up 0.17%.^[5]
• Brent was on track for a 17% weekly decline, its steepest weekly percentage fall since the start of the COVID-19 pandemic, and WTI for 13%.^[5]
• Reuters says the weekly fall followed Republican election losses that raised hopes of de-escalation in the US-Israeli war on Iran, while attacks on vessels provide a floor for prices.^[5]
• A seafarer was killed in a suspected missile attack on an oil products tanker in the Gulf on November 5, a Greek ship manager said.^[5]
• Bank of Japan Governor Ueda said underlying inflation is expected to stay around the 2% target but recognized "some upside risks".^[3]
• At 20:57 UTC EUR/USD was 1.1146 (-0.64%), GBP/USD 1.3349 (-0.77%), USD/JPY 158.49 (+0.53%), AUD/USD 0.6865 (-0.97%) and USD/CAD 1.4125 (+0.79%).^[11]
• At 20:57 UTC bitcoin was $75,904.17 (-0.34% in 24 hours, -1.89% in 7 days), ether $2,230.62 (-0.67%) and XRP $1.1756 (-4.54%).^[11]
• The Freekonomist crypto Fear & Greed reading was 28 (Fear), down from 50 a day earlier.^[11]
• About $403.8 million of crypto derivatives positions were liquidated in 24 hours, about 76% of them longs; bitcoin accounted for $109.9 million and ether for $74.4 million.^[11]
• On November 5, US spot bitcoin ETFs had net outflows of $430.2 million (Fidelity's FBTC $199.9 million, BlackRock's IBIT $105.0 million) and ether ETFs $99.9 million.^[11][12]
• Investing.com reported that bitcoin fell 5.1% to $76,235.6 by 10:39 GMT, reversing its post-election rally, as worry grew over regulation under a Democrat-controlled Congress and tech shares sold off.^[9]
• Tesla CEO Elon Musk wrote on X that Tesla will wind down Cybertruck production at Gigafactory Texas around the middle of next year to make room for more Cybercab production.^[1]
• Strive bought 15,124 bitcoin in October and held 43,124 BTC on October 30.^[19]
• Canada's unemployment rate rose to 6.7% in October.^[13]
• Inflation in Italy rose to 5.4% in October.^[14]
• Japan's wages rose 4.6%, the fastest pace since 1997.^[15]
• Colorado voters ended the state's flat income tax: top earners will pay up to 8.4%.^[16]
• Nigeria introduced stablecoin licences and banned algorithmic stablecoins.^[17]
• World Liberty Financial launched a buyback of its WLFI token.^[18]
• Forex Factory's High impact list for the week shows one event still to come: New Zealand's parliamentary election at 21:45 UTC on November 6.^[10]

影响

• 已确认The AI selloff that began Thursday reached Asia and Europe, and Wall Street bounced back in part on Friday.
• 已确认Strong jobs data lifted bets on a Fed rate hike in December, which pushed the dollar up and gold down.
• 我们的解读Crypto stays under pressure from tech stocks and regulatory doubts. This is our reading.

仍未知

• Whether the Wall Street rebound holds after the weekend
• How the Fed's December meeting goes and whether it hikes
• Whether oil's weekly fall continues while tanker attacks go on

影响到谁

United States, Global. People who follow stocks, crypto, gold and oil and want one clear picture of the day

来源

1. Yahoo Finance: Stock market today: Nasdaq and S&P 500 rebound, Dow slips to cap bruising week for AI stocks 2026年11月6日 · 媒体
2. The Wall Street Journal: Stock Market Today: AI Stocks Rebound After Brutal Week for Nasdaq 2026年11月6日 · 媒体
3. Investing.com (Reuters): Dollar jumps after strong US payrolls report 2026年11月6日 · 媒体
4. Reuters: Gold drops as strong US payrolls boost dollar, yields 2026年11月6日 · 媒体
5. Reuters: Brent oil price benchmark set for biggest weekly drop since 2020 2026年11月6日 · 媒体
6. Reuters: South Korea stocks plunge as US midterm results spark AI selloff 2026年11月6日 · 媒体
7. Reuters: SoftBank credit risk jumps to 4-year high, shares tumble as AI fears roil market 2026年11月6日 · 媒体
8. The Telegraph: FTSE 100 live: markets after the AI rout 2026年11月6日 · 媒体
9. Investing.com: Bitcoin tumbles to $76k as U.S. regulatory uncertainty grows 2026年11月6日 · 媒体
10. Forex Factory: Economic calendar, week of November 1, 2026 (High impact events) · 媒体
11. Freekonomist: Freekonomist market data, November 6, 2026 20:57 UTC 2026年11月6日 · 官方
12. Freekonomist: US bitcoin and ether ETFs lose $530 million in one day 2026年11月6日 · 官方
13. Freekonomist: Canada's unemployment rate rises to 6.7% as October jobs stall 2026年11月6日 · 官方
14. Freekonomist: Inflation in Italy: why prices jumped to 5.4% in October 2026年11月6日 · 官方
15. Freekonomist: Japan wages rise 4.6%, the fastest pace since 1997 2026年11月6日 · 官方
16. Freekonomist: Colorado ends its flat tax: top earners will pay up to 8.4% 2026年11月6日 · 官方
17. Freekonomist: Nigeria brings in stablecoin licences and bans algorithmic stablecoins 2026年11月6日 · 官方
18. Freekonomist: World Liberty Financial launches a WLFI token buyback 2026年11月6日 · 官方
19. Freekonomist: Strive bought 15,124 bitcoin in October and now holds 43,124 BTC 2026年11月6日 · 官方