Morning briefAfternoon brief
morning

US Pre-Market 6 November 2026: Nasdaq 100 Futures +1.34% as Chip Stocks Bounce Before the Jobs Report; Cloudflare +20.44%, DraftKings -22.19%

SOXX.US +5.72% after its worst day since 2020; Nikkei -5.96% and KOSPI -6.02%; payrolls at 8:30am ET

Mixed4 min readBy Swingfolio Research

At a glance

S&P 5007,354-4.36%
NASDAQ24,315-5.52%
Dow51,523-3.44%
VIX26.84-4.75%
Russell 20002,730-4.45%
US Dollar101.97+0.42%
US 10Y4.837-1.16%
S&P futures7,397+0.19%
Nasdaq futures27,110+1.34%

US Pre-Market 6 November 2026: Nasdaq 100 Futures +1.34% as Chip Stocks Bounce Before the Jobs Report; Cloudflare +20.44%, DraftKings -22.19%

Sentiment: mixed S&P 500 futures: +0.19%

Nasdaq 100 futures are +1.34%, S&P 500 futures +0.19% and Dow futures -0.98% at 7:21am ET on 6 November 2026, as chip stocks recover part of Thursday's 12.15% fall in SOXX.US while consumer staples slip. NET.US is +20.44% after Cloudflare grew third-quarter revenue 39% to $782.5 million. The October jobs report is due at 8:30am ET, with 65,000 jobs expected against 29,000 in September, per a Bloomberg survey cited by Yahoo Finance.

Overnight drivers

  • Chip stocks: SOXX.US +5.72% and SMH.US +5.42% at 7:31am ET. SNDK.US +12.05%, LRCX.US +11.77%, MRVL.US +10.22%, MU.US +8.62%, AMD.US +8.43%, TSM.US +7.69%, AVGO.US +4.82% and NVDA.US +4.00%. The Nasdaq 100 fell 6.36% on Thursday, its worst day since March 2020, per Dow Jones.
  • Data center names: DELL.US +8.74%, VRT.US +8.46%, HPE.US +7.83%, CRWV.US +10.28% and GEV.US +3.79%, after each fell between 7.48% and 14.89% on Thursday. Dow Jones tied the two-day sell-off to concern that a Democratic Congress will slow data center construction.
  • Defensives: WMT.US -2.36%, COST.US -1.89%, KO.US -1.81%, PG.US -1.60% and UNH.US -1.70%. AAPL.US is -1.28% and MSFT.US -0.73%.
  • Breadth: decliners lead advancers 217 to 111 among large caps at 7:31am ET. QQQ.US is +1.75%, SPY.US +0.34%, DIA.US -0.86% and RSP.US, the equal-weight S&P 500 fund, -0.06%.
  • Rates and dollar: the 10-year Treasury yield closed Thursday at 4.837% and traded near 4.84% at 5:14am ET, per Dow Jones. DXY +0.42% to 101.97.
  • Commodities: January Brent +0.12% to $98.41 and WTI +0.24% to $90.74. December gold -0.85% to $4,078.50 and silver -0.56% to $52.09. Bitcoin -4.27% to $76,192.
  • VIX: 26.84, down 4.75% from Thursday's 28.18 close.

Overnight Asia and Europe

Japan's Nikkei 225 closed -5.96% at 57,434.77 on 6 November 2026, its fifth straight fall and its first close below 60,000 in nearly six months, per The Private Banker. SoftBank Group fell 10.83% and Tokyo Electron 5.60%.

South Korea's KOSPI closed -6.02% at 5,059.69 after an opening drop of more than 8% triggered a 20-minute trading halt, per WION. SK hynix fell 10.44% and Samsung Electronics 6.35%. Taiwan's Taiex closed -4.51% at 39,701.64 with TSMC -4.69%. The Hang Seng fell 1.27% to 24,481.86 and Shanghai 1.10% to 3,649.18. WION reported that voters in 10 states decided 41 local data center measures, nearly all against the industry.

The STOXX 600 is -1.72% at 643.61 at 7:16am ET, with the DAX -2.34% at 25,709.21, the FTSE 100 -2.18% at 10,547.17 and the CAC 40 -1.71%. SAP.US is -3.65% in New York pre-market.

Pre-market movers

FROG.US leads the names below at +22.69% at 7:31am ET on 6 November 2026, and DKNG.US falls furthest at -22.19%.

TickerPre-marketReason
FROG.US+22.69%Q3 revenue +30.9% to $179.2 million
NET.US+20.44%Q3 revenue +39% to $782.5 million against about $736.8 million expected
IREN.US+17.58%Q1 revenue $228 million against about $221 million; AI cloud revenue $200 million
ABNB.US+12.26%Q3 revenue +19% to $4.87 billion; $12 billion buyback
LITE.US+10.08%Optical names bounced; COHR.US +10.05% after -12.98% on Thursday
AAOI.US+5.76%Revenue +127.5% to $269.9 million; supply deal worth $1 billion to $1.5 billion
APP.US-1.17%Rose 31.04% on Thursday after a Q4 guide above estimates
MNST.US-5.08%Q3 sales +16.7% to $2.56 billion; gross margin 54.7% against 55.7%
NTRA.US-16.13%Q3 EPS -$0.42 against -$0.28 expected; new chief executive
FIVN.US-17.72%Q4 adjusted EPS guide $0.88 to $0.92, below estimates
TEAM.US-17.84%Subscription growth outlook about 18.5%, down from 23%, per Investing.com
DKNG.US-22.19%2026 revenue guide $6.35 billion to $6.55 billion against $6.66 billion

US economic calendar today (ET)

The Bureau of Labor Statistics releases the October employment report at 8:30am ET on 6 November 2026, after September payrolls rose 29,000.

  • 8:30am: nonfarm payrolls, 65,000 expected in a Bloomberg survey; private payrolls rose 46,000 in September.
  • 8:30am: unemployment rate, 4.2% expected and prior.
  • 8:30am: average hourly earnings, +0.3% month on month expected against +0.1% prior.
  • 10:00am: University of Michigan sentiment, November preliminary, against 48 in October; one-year inflation expectations were 4.7%.
  • 1:00pm: Baker Hughes rig count.

Thursday on Wall Street

The S&P 500 closed at 7,353.73 on 5 November 2026, down 4.36%, as chip and data center stocks fell for a second day.

  • S&P 500: 7,353.73 (-4.36%)
  • Nasdaq: 24,315.00 (-5.52%)
  • Dow: 51,523.06 (-3.44%)
  • Russell 2000: 2,729.89 (-4.45%)
  • VIX: 28.18 at the close, now 26.84

Russell 2000 futures are +0.17% this morning.

What to watch

  • Fri 6 Nov, 8:30am ET: October payrolls, wages and the unemployment rate, one session after the Nasdaq entered correction territory.
  • Fri 6 Nov, before the open: MRNA.US, VST.US, CHTR.US, HUM.US, ENB.US and BAM.US report. VST.US is +4.78% and CHTR.US -4.47% before the releases.
  • Fri 6 Nov, 10:00am ET: University of Michigan sentiment and inflation expectations.
  • Mon 9 Nov, 1:00pm ET: $58 billion 3-year note auction.

Context only, not financial advice. Track your own trades with Swingfolio.

Build your plan for the next session

A stock in today's recap caught your attention? Check it against your rules before deciding on an entry.

Explore the guides and calculator without signing up.

Disclaimer

This briefing provides market observations and general information only. It is not personal financial advice and does not take into account your objectives, situation or needs. Past performance is not a reliable indicator of future performance. Consider seeking independent advice before acting on any information presented here.

Prices and market data sourced from EODHD and Yahoo Finance and may be delayed. Swingfolio does not hold an AFS licence and does not provide personal advice. Editorial standards and methodology →