US stocks recovered some lost ground on Friday, 6 November 2026, after a selloff driven by concerns over artificial intelligence wiped $3.2tn off the market, according to the Financial Times. The FT described the rebound as tepid, suggesting only a limited return of confidence rather than a full reversal.
The downturn had been sharp. Investopedia reported that the Nasdaq fell more than 5% and the Dow dropped 1,800 points in the previous session, erasing gains made after the election, with chip stocks among the hardest hit. BBC coverage framed the moves around fears of an AI slowdown affecting the value of technology firms.
The scale of the losses has been reported differently across outlets. CNN put the wipeout at $2.5tn, while the FT cited $3.2tn, and CNN noted that AI stocks bounced back even as questions remained about the sector's outlook.
The selloff centred on the companies that have led market gains on the promise of AI, and the uneven recovery suggests investors are still weighing whether those valuations are justified. Trading data for the major US indexes on Friday was also published by kens5.com.
What to watch next: whether technology and chip shares can hold their partial gains, or whether fresh signals on AI spending and demand trigger another round of selling.