AI stocks climb after trillions wiped from market values

Shares in artificial intelligence and technology firms recovered slightly on Friday after an enormous sell-off that wiped trillions from market values. The tech-heavy Nasdaq closed up 1.1%, partly reversing its 5.5% fall, while the S&P 500 rose 0.3% and the Dow ended slightly down 0.4%. Investors had been selling tech shares partly on concern that the Democrats' midterm election victory could bring new AI regulation, though President Trump reiterated his support for what he calls "super intelligence," and stronger-than-expected U.S. jobs figures added to the mixed picture. Markets in Asia and Europe fared worse, with South Korea's Kospi down 6% and chipmaker SK Hynix plunging, and analysts warned the industry must now prove its huge AI infrastructure spending will pay off. Source: BBC, November 6, 2026 — https://www.bbc.com/news/articles/c35ynnpzdq51o

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