Nasdaq and S&P 500 Rise as Chip Stocks Recover from AI Slump
On November 6, 2026, Nasdaq and S&P 500 indexes rose as chip stocks bounced back from a recent AI-related downturn. Despite this recovery, major indexes posted weekly losses. US tech stocks edged up after fears of an AI slowdown impacted firm valuations. Nasdaq attempted to recover from its worst rout in 19 months, while the Dow slipped, marking a challenging week for AI stocks.
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