Nasdaq rebounds but posts fourth straight weekly decline

On Friday, technology stocks saw a significant rebound, boosting investor optimism about growth in artificial intelligence amidst recent market fluctuations. The semiconductor sector soared, primarily driven by impressive gains from Nvidia and Advanced Micro Devices. Although this recovery was strong, the Nasdaq recorded its fourth consecutive weekly fall, hinting at a mixed market outlook. Job indicators remain strong, influencing Federal Reserve interest rate hike expectations.

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Dollar jumps after strong US payrolls report

The US dollar index jumped significantly following the Labor Department’s report indicating an increase of 165,000 jobs last month, which far exceeded economists’ forecasts. As

November 7, 2026

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