Day in review

Written Nov 6 · corrected Nov 6

U.S. non‑farm payrolls increased by 165,000 in October, and the unemployment rate fell to 4.1%, according to the jobs report released at 8:30 a.m. ET. Market commentary noted the figure was “way more than expected.”

Treasury yields moved higher across the curve. The 2‑year yield rose 5 basis points to 4.51%, the 3‑month yield gained 2 basis points to 4.19%, the 10‑year climbed 2 basis points to 4.86% and the 30‑year rose 1 basis point to 5.26%, leaving the 2s10s spread at 0.35 percentage points (U.S. Treasury daily par yield curve). The broad U.S. dollar index was at 121.6656 as of October 30, up 0.28% over the week (Federal Reserve H.10), and euro‑area flash inflation for October was reported at 4%, up from 3.8% in September (Eurostat).

CFTC data released on the day showed net short positions in E‑mini S&P 500 futures of 129,414 contracts, in 10‑year Treasury note futures of 962,359 contracts, and net long positions in WTI crude oil futures of 80,289 contracts. The next session was scheduled for Monday, November 9, with the CPI report due on Tuesday, November 10.

AI-generated from this record only and gated so that every figure appears in it. Informational only — not investment advice.

Index charts

daily chart on TradingView, opens at today

S&P 500 Nasdaq 100 Dow Jones

Results reported that day

92 companies filed results with the SEC.

Offerings priced that day

1 final prospectus filed on Form 424B4, which covers first-time listings and follow-on offerings alike.

Filings from the SEC's EDGAR system, which is public domain.

US jobs report (nonfarm payrolls)

The U.S. added 165,000 jobs in October, according to the jobs report released at 8:30 AM ET. The unemployment rate slipped to 4.1%. MarketWatch notes there are 1.3 million more jobless than four years ago, while CNBC reports the figure came in "way more than expected."

Official release at the Bureau of Labor Statistics

How the day unfolded

19 summaries generated that day

Pre-open outlook3:01 AM ET
The Bank of England raised rates for the first time since the Iran war, warning inflation will near 5%, while oil prices climbed on renewed U.S.-Iran conflict risks.
Midday check1:07 PM ET
The Nasdaq 100 is up while the Dow Jones is down as the session unfolds, according to the opening moves reported. Unemployment rate falls, but there are 1.3 million more jobless than 4 years ago. October added 165,000 jobs and unemployment fell to 4.1%. Tesla will wind down Cybertruck production in Texas next year after Musk ended the project. All eyes turn to the U.S. CPI inflation report on Tuesday, November 10.

AI-generated as the day ran, from the data of each moment; corrections keep the original one click away. Informational only — not investment advice.

Scheduled and released

US jobs report (nonfarm payrolls) — 165K payrolls (October 2026)
UMich consumer sentiment (preliminary, 10:00 AM ET) — released; no reading captured

Headlines of the day

3:01 AM ETDow ends 1,800 points down, Nasdaq slides 5.5% into correction as stocks plummet — MarketWatch
3:01 AM ETAI meltdown: Nvidia and Qualcomm drop more than 9%, pushing Nasdaq to worst day since April 2025 — CNBC Earnings
3:01 AM ETBank of England hikes interest rate for the first time since Iran war, warns inflation will near 5% — CNBC Economy
3:01 AM ET'Musk selloff': Tesla and SpaceX combine for $456 billion two-day wipeout — MarketWatch
3:01 AM ETTech stocks log worst day since 2020 as carnage comes to the AI trade — MarketWatch
3:01 AM ETMagnificent 7 loses $1 trillion. The most eye-popping stats from Thursday's tech stock plunge — CNBC
3:31 AM ETNasdaq sell-off batters Asian chip stocks as SK Hynix, Samsung, Softbank, TSMC tumble — CNBC
4:01 AM ETDow off 1,700 points, Nasdaq sliding 5% as broad stock selloff rocks Wall Street — MarketWatch
4:01 AM ETOil prices rise as investors weigh renewed U.S.-Iran conflict risks after midterm elections — CNBC
4:31 AM ETHow European, Asian markets are faring after Wall Street's worst day since 2025 — MarketWatch
5:03 AM ETRenewed U.S.-Iran tension could push oil past $100: Rapidan Energy — CNBC
6:04 AM ETNasdaq drops into correction territory — here’s what typically happens next — CNBC
6:04 AM ETRheinmetall shares plunge 16% after outlook cut as military contracts stall — CNBC Earnings
7:32 AM ETDemocratic sweep gives markets a reason to rethink path of interest rates — CNBC
7:32 AM ETAI debt concerns grow as ING reportedly seeks buyers for $500 million of data center loans — CNBC World
7:32 AM ETThe Cybertruck may be phased out as Musk announces production shift — MarketWatch
8:01 AM ETModerna’s stock jumps after biotech raises sales outlook — MarketWatch
8:32 AM ETTesla to wind down Cybertruck production in Texas next year to ramp Cybercab, Musk says — CNBC
8:32 AM ETAI stocks hammered by midterm shock as data center buildout becomes a 'war of attrition' — CNBC
9:01 AM ETU.S. economy added 165,000 jobs in October, way more than expected; unemployment rate slips to 4.1% — CNBC Economy
9:01 AM ETU.S. added 165,000 jobs in October, more than expected — live updates — MarketWatch
9:01 AM ET10-year Treasury yield rises after much stronger-than-expected October jobs report — CNBC World
9:33 AM ETNasdaq opens higher after tech rout; Dow falls — MarketWatch
9:33 AM ETModerna raises 2026 outlook as CEO says newer vaccines are gaining traction — CNBC Earnings
11:06 AM ETData center double-down: Hassett says Blue Wave won't stop AI build-out — CNBC
12:03 PM ETOpenAI will keep investing in AI data centers despite election results, CFO tells CNBC — CNBC
12:03 PM ETHims & Hers struck a GLP-1 deal with Lilly. Its stock is rallying. — MarketWatch
1:07 PM ETUnemployment rate falls, but there are 1.3 million more jobless than 4 years ago — MarketWatch
1:07 PM ETThe AI ‘credit card’ is getting costlier as CoreWeave bond yield tops 16% — CNBC
1:07 PM ETNvidia, AMD and other chip stocks rebound — but is relief from the ‘violent’ selloff only temporary? — MarketWatch
1:07 PM ETDraftKings’ expensive bet on prediction markets is crushing its stock — MarketWatch
2:02 PM ETSan Francisco Fed President Daly says higher rates 'are likely to be needed' in inflation fight — CNBC
2:02 PM ETMicrosoft plans to use fewer neoclouds as AI buildout shows signs of strain — CNBC
3:01 PM ETNvidia, AMD and other chip stocks rebound — but is the relief only temporary? — MarketWatch

Where the week stood at the close

Dow Logs 1,500-Point Gain on Sweep

6:46 PM ET

The Dow booked a 1,500-point gain Wednesday as Democrats' sweep to power in Congress sparked a relief rally, while oil prices slid on "rewriting the Iran playbook." The October jobs report, released Friday, showed 165,000 payrolls added, far more than expected, and the unemployment rate slipped to 4.1%, though analysts noted a disturbing trend beneath the headline numbers. The Bank of England raised its Bank Rate to 4% Thursday, and the Reserve Bank of Australia lifted its cash rate target to 4.85% Wednesday. The 10-year Treasury yield ended Friday at 4.86%, down 8 basis points from the prior Friday. The next trading session is Monday, November 9, with the CPI inflation report due Tuesday, November 10 and the PPI wholesale inflation report Friday, November 13.

AI-generated at that day's close, from the week's data to that point. Informational only — not investment advice.

Errata: No closing-wrap summary was generated that day.