Economic calendar - Fri 11/6 (PT)
• 1:30 AM PT - NY Fed President Williams spoke (already done; ECB event)
• 5:30 AM PT - October Employment Situation. Nonfarm payrolls consensus is about 59K (Dow Jones/CNBC) to about 65K on other calendars, versus a prior +29K. Unemployment is expected at 4.2%, unchanged. Average hourly earnings are expected up 0.3% for the month, versus a prior +0.1%.
bls.gov/schedule/2026/11_sch…
• 6:10 AM PT - St. Louis Fed President Musalem
• 7:00 AM PT - Preliminary U. of Michigan consumer sentiment. Consensus is 48.1, versus a prior 48.0. One-year inflation expectations were previously 4.7%; a clear consensus for today was not published.
• 9:15 AM PT - Fed Vice Chair for Supervision Bowman
• 10:00 AM PT - San Francisco Fed President Daly (CNBC)
• 12:00 PM PT - Consumer credit (Fed G.19)
Not financial advice. DYOR.
Pre-market digest — Fri 11/6
Risk-off hangover after Thursday's AI and tech rout. ES and NQ are bouncing overnight, Asian chip stocks are cratering, and payrolls hit at 5:30 AM PT.
Market snapshot
• ES Dec26: 7,389.00, +6.00 (+0.08%) as of 5:02 AM PT vs the futures settle. Last evening's 4:56 PM PT print was 7,390.75, so ES is roughly flat overnight.
• NQ Dec26: 27,110.25, +358.25 (+1.34%) as of 5:02 AM PT vs the settle. Versus last evening's 26,869.50 print, NQ is up about 241 points.
• VIX: 27.44, -0.74 (-2.63%) as of 4:57 AM PT, easing after Thursday's spike to 28.18
• WTI: $90.42, -0.10 (-0.11%) as of 5:02 AM PT
• Gold: $4,071.40, -42.10 (-1.02%) as of 5:02 AM PT
• Dollar index: 102.04, +0.49 (+0.49%) as of 5:02 AM PT
• BTC: $75,742, -241 (-0.32%) as of 5:12 AM PT
• ETH: $2,233, -2 (-0.09%) as of 5:12 AM PT
• US 10-year: 4.837%, -5.7 bp — Thursday print as of about noon PT (stale). CNBC had it near 4.868% early Friday.
Thursday's close
• S&P 500: 7,353.73, -334.89 (-4.36%)
• Nasdaq Composite: 24,315.00, -1,421.52 (-5.52%)
• Dow: 51,523.06, -1,833.04 (-3.44%)
Major developments (since ~5 PM PT Thursday)
1. AI and tech rout: Semiconductors led, with the SOX down about 12%. Nvidia fell about 9% and AMD about 17% on fears that the Democratic midterm sweep will slow AI data-center buildouts. The Nasdaq Composite closed about 12% below its Oct 6 high, putting it in correction territory.
money.usnews.com/investing/n…
2. Asia followed through: The Kospi plunged about 8% at the open and triggered a trading halt. The Nikkei sank about 6% as Samsung, SK Hynix, and SoftBank were hit.
en.yna.co.kr/view/AEN2026110…
aa.com.tr/en/economy/asian-t…
3. BoE hiked to 4%: The MPC raised Bank Rate 25 bp to 4% on an 8-1 vote, with one member wanting 50 bp. First hike since 2023; the bank cited the Middle East energy shock. Bailey said further hikes are not inevitable, but are likely unless the conflict resolves.
bankofengland.co.uk/monetary…
bbc.com/news/articles/ck5ynw…
4. Midterms are feeding the rates, oil, and AI debate: Markets are arguing over the Fed path, Iran-war oil risk, fiscal restraint, and slower AI capex. December hike odds remain elevated.
cnbc.com/2026/11/06/oil-pric…
5. Treasuries bounced early Friday ahead of payrolls after Thursday's risk-off drop, with the 10-year near about 4.87%.
cnbc.com/2026/11/06/treasury…
Notable earnings
• Before the open: MRNA, HUM, VST, ENB, BAM, CHTR, BEN, PPL, OKLO, WULF, among others
• After the close: HE, and watch Berkshire and other late filers on the calendars
Not financial advice. DYOR.
$LKNCY grew Q3 revenue 17% to about US$2.67B and opened 2,599 net new stores. Same-store sales fell 11.1%.
$AAWH closed about $11M in mortgage loans from CF Bank, secured by five of its properties, to fund store expansion and acquisitions.
$ATWT had July revenue of $5.95M, up 50% from a year earlier, against a Q3 target of more than $10M.
$AIBT finished buying NovaCore Labs' operating assets in Jamaica and signed a definitive agreement to acquire Empulser Enterprises.
$BHLL has shareholder and court approval to acquire Silver47, with closing expected around Nov 5.
$NUGS signed a binding letter of intent for Scopien Technologies to take voting control and fold in its AI platform business, aiming to close by Nov 30.
The broad market today was mixed, with tech under pressure again. The Nasdaq fell 1% on renewed worries about AI spending, while the Dow gained and oil dropped 7% on hopes for US–Iran talks. Apple's weaker margin outlook after the close and Tuesday's midterms are the next tests.
Market snapshot:
- S&P 500: 7,541.40, down 38.67 (-0.51%)
- Nasdaq Composite: 25,164.32, down 272.68 (-1.07%)
- Dow: 51,983.98, up 213.67 (+0.41%)
- VIX: 21.15, up 1.73 (+8.9%)
- US 10-year yield: 4.894%, down about 3.5 basis points
- WTI crude (Dec): $96.49, after settling down $7.66 (-7.4%) on the day
- Gold (Dec): $3,964.90, down $4.70 (-0.12%) in evening trading
- Dollar index (DXY): 101.80, flat
- BTC: $76,936, up $225 (+0.29%)
- ETH: $2,252.58, up $2.34 (+0.10%)
At the OTC close, $4.30B had traded and advancers led decliners 2,134 to 1,647.
Noteable advancers and decliners:
📈 $VISM +160%, $UEEC +58%, $VPLM +50%, $IGPK +50%, $WYTC +47%, $PPURF +33%, $ANORF +32%, $BAGGF +31%, $HMRFF +29%, $HNOI +23%
📉 $RLYGF -42%, $GCTK -39%, $NKOSF -34%, $TRKNY -33%, $PLIXF -32%, $DMCUF -31%, $UGIZ -28%, $ALSMY -25%, $BBBMF -23%, $GBHL -22%
About $3.76B traded on OTC today, 21% more dollar volume than yesterday, though share volume fell about 7%. Decliners beat advancers 1,736 to 1,658.
Notable advancers and decliners:
📈 $TRWD +73%, $IDGR +34%, $SITS +30%, $SWISF +28%, $TIPS +27%, $BRQL +23%
📉 $FXGDF -41%, $LNTO -40%, $OSRH -28%, $BGICF -25%, $GRLMF -24%, $CWVWF -23%

