{"id":441706,"date":"2026-11-06T16:40:55","date_gmt":"2026-11-06T09:40:55","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/stock-futures-fall-as-ai-sell-off-deepens-06-november-ic-441706\/"},"modified":"2026-11-06T16:40:55","modified_gmt":"2026-11-06T09:40:55","slug":"stock-futures-fall-as-ai-sell-off-deepens-06-november-ic","status":"publish","type":"post","link":"https:\/\/www.ic.com\/blog\/stock-futures-fall-as-ai-sell-off-deepens-06-november-ic\/","title":{"rendered":"Stock Futures Fall as AI Sell-Off Deepens | 06 November | IC"},"content":{"rendered":"
\n

Global Markets:<\/strong><\/h3>\n

\u25cf\u00a0 \u00a0 \u00a0 \u00a0 \u00a0Asian Stock Markets : Nikkei down 6.19%, Shanghai Composite down 1.14% Hang Seng down 1.17% ASX down 0.87%<\/p>\n

\u25cf\u00a0 \u00a0 \u00a0 \u00a0 Commodities : Gold at $4,049.47 (-1.56%) Silver at $51.415 (-1.83%), Brent Oil at 100.06 (1.81%), WTI Oil at 91.77 (1.38%)<\/p>\n

\u25cf\u00a0 \u00a0 \u00a0 \u00a0 Rates : US 10-year yield at 4.837, UK 10-year yield at 5.1363, Germany 10-year yield at 3.2466<\/p>\n

News & Data:<\/strong><\/h3>\n

\u25cf\u00a0 \u00a0 \u00a0 \u00a0 (GBP) Official Bank Rate\u00a0 4.00% to 4.00%\u00a0 expected<\/p>\n

\u25cf\u00a0 \u00a0 \u00a0 \u00a0 (USD) Unemployment Claims\u00a0 189K to 197K expected<\/p>\n

Markets Update:<\/strong><\/h3>\n

U.S. stock futures declined Thursday evening following a sharp sell-off in artificial intelligence stocks that pushed the Nasdaq Composite into correction territory. Investors also turned their attention to Friday\u2019s closely watched October employment report.<\/p>\n

S&P 500 futures fell 0.6%, while Nasdaq-100 futures dropped 0.8%. Dow Jones Industrial Average futures lost 291 points, or 0.6%.<\/p>\n

Asian markets also tumbled, led by South Korea\u2019s Kospi, which plunged more than 6%. Japan\u2019s Nikkei 225 declined 5.9%, entering bear market territory. Australia\u2019s S&P\/ASX 200 slipped 0.9%, while Hong Kong\u2019s Hang Seng fell 1% and China\u2019s CSI 300 dropped 1.47%.<\/p>\n

Thursday\u2019s Wall Street session saw all three major indexes record their steepest daily declines since April 2025. The Nasdaq plunged 5.5%, closing more than 10% below its recent peak. The S&P 500 declined 4.4%, while the Dow dropped over 1,800 points, or 3.4%.<\/p>\n

AI-related shares suffered significant losses amid concerns about potential delays in data center construction. Micron Technology and Advanced Micro Devices each plunged 17%, while Nvidia fell 9%.<\/p>\n

Despite the sell-off, some investors see opportunities in discounted technology shares. Meanwhile, economists expect Friday\u2019s payrolls report to show 59,000 jobs added in October, with unemployment remaining at 4.2%.<\/p>\n

Upcoming Events:<\/strong><\/p>\n

\u25cf \u00a0 \u00a0 \u00a0 1:30 PM\u00a0 \u00a0 GMT \u00a0 \u2013 \u00a0 CAD\u00a0 Average Hourly Earnings m\/m<\/p>\n

\u25cf \u00a0 \u00a0 \u00a0 3:00 PM\u00a0 \u00a0 GMT \u00a0 \u2013 \u00a0 USD \u00a0 Prelim UoM Consumer Sentiment<\/p>\n

Risk Warning:<\/strong>\u00a0Trading in securities involves significant risk. Prices may fluctuate and securities can become entirely valueless. You may incur losses that exceed your potential profits, and in some cases, losses may exceed the amount you have deposited. Securities, futures, options, and contracts for differences are complex financial instruments and are not suitable for all investors. Engaging in such transactions requires a sound understanding of the associated risks. Please read and ensure you fully understand our\u00a0Risk Disclosure<\/a>.<\/p>\n

Our leverage is dynamic and may change at any time. Such changes may affect your positions and margin requirements. You are responsible for monitoring your positions and maintaining sufficient margin at all times.<\/p>\n

The post Stock Futures Fall as AI Sell-Off Deepens | 06 November | IC<\/a> first appeared on IC Your Trading Edge | Official Blog<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Global Markets: \u25cf\u00a0 \u00a0 \u00a0 \u00a0 \u00a0Asian Stock Markets : Nikkei down 6.19%, Shanghai Composite down 1.14% Hang Seng down 1.17% ASX down 0.87% \u25cf\u00a0 \u00a0 \u00a0 \u00a0 Commodities : Gold at…<\/p>\n","protected":false},"author":202,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-441706","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/202"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=441706"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441706\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=441706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=441706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=441706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}