TradingKey - On November 6, the three major U.S. stock indexes closed mixed. AI concept stocks rebounded after falling sharply for two consecutive days, driving the Nasdaq and the S&P 500 higher; a stronger-than-expected U.S. October jobs report pushed U.S. Treasury yields higher, while the Dow edged slightly lower.
The Dow Jones Industrial Average fell 0.46% to close at 51,291.14; the S&P 500 gained 0.31% to close at 7,376.86; and the Nasdaq Composite Index rose 1.09% to close at 24,579.42.
In terms of sectors and individual stocks, AI chip and data center stocks rebounded. Nvidia (NVDA) rose 2.78%, AMD (AMD) rose 11.04%, CoreWeave (CRWV) rose 6.28%, Micron (MU) rose 5.12%, Lam Research (LRCX) rose 8.23%, IREN (IREN) surged 20.02%, and SpaceX (SPCX) rose 8.62%.
In commodities, Brent crude (UKOIL) settled at $97.98; WTI crude (USOIL) settled at $90.35. Oil prices rebounded after a sharp decline in the previous trading session, as Middle East tensions and the supply outlook continued to drive short-term volatility.
In precious metals, gold (XAUUSD) fell back to around $4,070. The 10-year U.S. Treasury yield rose to 4.86%, as strong non-farm payroll data prompted markets to reassess expectations for further Federal Reserve rate hikes.
In cryptocurrencies, Bitcoin (BTCUSD) closed at around $75,844, down 0.32%.
