# Stock Market Live Updates: Nasdaq Opens Higher

> Nasdaq gains 1.23% as chip stocks recover from AI selloff fears.
- Title: Stock Market Live Updates: Nasdaq Opens Higher | Shortify
- Summary: Nasdaq gains 1.23% as chip stocks recover from AI selloff fears. US stocks open mixed with Nasdaq up 1.23% after chip stocks rebound from heavy losses…
- Keywords: nasdaq, chip stocks, ai regulation, jobs report, federal reserve, dow jones, us stocks, market volatility, tech selloff, democratic midterm election, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/us-stocks/wall-street-guide/stock-market-live-updates-dow-jones-nasdaq-sp-500-nvidia-amd-intel-broadcom-micron-tesla-airbnb-ai-chip-stocks-jobs-report-treasury-yields-iran-war-democrat-midterm-inflation-oil-prices-6th-november-2026/liveblog/135609029.cms
- Read time: 1 min
- Topics: nasdaq, chip stocks, ai regulation, jobs report, federal reserve, dow jones, us stocks, market volatility, tech selloff, democratic midterm election, money, business
## Market Open
US stocks open mixed on Friday with Nasdaq gaining 1.23% and Dow Jones falling 0.94%.
## Chip Stocks Recover
Semiconductor stocks rebound after heavy losses from AI selloff triggered by Democratic election results.
## Jobs Report Impact
US jobs report shows 165,000 new jobs and unemployment at 4.1% sparking rate hike concerns.
## AI Regulation Fears
Democratic-led Congress faces pressure to implement stricter AI regulations after midterm election wins.
## Market Rebound
Nvidia gains 4.5% as chip stocks recover from previous session's steep losses.
## Rate Hike Concerns
Investors price in 65% chance of December Fed rate hike following strong jobs data.
## Market Volatility
CBOE Volatility Index jumps to 26.70 after Thursday's AI selloff.
## Tech Selloff Impact
Tech stocks lost $440 billion in market value after AI regulation fears.
## Market Reaction
Dollar gains against major currencies as investors seek safe havens amid tech selloff.
## Investor Sentiment
Wall Street scales back long-term growth assumptions and reprices AI valuations.
## Market Outlook
Investors weigh resilient labor market against tightening financial conditions for December rate decisions.
## Key takeaway

US stocks open mixed with Nasdaq up 1.23% after chip stocks rebound from heavy losses following Democratic-led AI regulation concerns and a strong jobs report.