The Economic Times
Elections 2026Business / The Economic Times
US stock market today: Wall Street is seeing a split recovery on Friday after Thursday's AI-led sell-off. The Nasdaq has jumped 1.02%, while the Dow Jones has fallen 0.90% and the S&P 500 gained 0.29%. Nvidia, AMD, Intel, Broadcom and Micron were among the chipmakers recording gains in early trading. Nvidia's rebound has been particularly important because of its large weight in the broader market.
Indian Sugar & Bio-Energy Manufacturers Association (ISMA), in a statement on Friday, said the 184 sugar mills have commenced crushing operations across the country as of November 5, 2026, compared to 154 mills during the corresponding period of the preceding year.
The Nasdaq opened higher on Friday as chip stocks came off heavy losses posted during a sharp selloff on fears that a Democratic-led Congress could result in tougher AI regulation,
US employers added 165,000 jobs last month, surpassing economists' expectations and bringing the unemployment rate down to 4.1%. The Labor Department also revised previous months' job figures upwards, indicating stronger hiring trends.
NHAI, in a statement, said the guidelines will ensure that upcoming and ongoing national highway projects are equipped to support MLFF-based barrier-free toll collection without requiring vehicles to stop at toll booths.
Nagare Labs was founded by Georgia Institute of Technology professors and researchers Suman Datta and Shimeng Yu. They spent years working on next-generation memory technologies. Their work involves oxide semiconductors. The company is based on research conducted at Georgia Tech and is seeking to turn its laboratory developments into a commercially viable memory product.
Nilesh Shah urges investors to remain disciplined through market volatility, emphasising that participating in bull market gains requires enduring downturns. He advocates patience, consistent asset allocation and commitment to investment strategies throughout market cycles.
Nvidia stock rebounds 5% after 9.26% crash: Nvidia suffered its worst single-day fall since the January 2025 DeepSeek shock, with shares plunging 9.26% to $181.60 on Thursday and turning negative for 2026. The crash came as Wall Street lost nearly $3 trillion in market value. Fridays futures pointed to a partial recovery, with Nvidia rebounding in premarket trading as chip stocks attempted to recover.
The property was built in 1953 and has been owned by the same owner since the 1960s. The owner expanded the original ranch over several decades, creating a much larger house with multiple living and dining areas. The listing described the property as having an expansive collection of flexible living spaces.
ET Food and Beverage Conclave North India 2026 was recently held in New Delhi to honor industry achievers. Prominent restaurateurs, hospitality leaders, and entrepreneurs attended to discuss evolving trends in the F&B sector. Various panel discussions focused on dining preferences and the global potential of Indian restaurant brands. Awards were presented to women leaders, F&B business leaders, and notable restaurant brands.
States' capital expenditure is projected to rise 10-12% to around Rs 8.5 lakh crore in FY27, driven by higher central assistance and greater fiscal flexibility, according to a Crisil Ratings report. Increased allocation under the SASCI scheme is expected to support infrastructure spending, particularly urban development, roads and bridges.
This week, Indian government bonds saw a remarkable performance, outpacing other Asian markets as benchmark yields dropped significantly. Following the Democratic win in the US midterms, crude prices fell sharply, enticing foreign investors back to purchase a significant volume of Indian bonds. This shift alleviates pressure on the Reserve Bank of India to maintain elevated yields, contributing to a positive outlook for Indian debt moving forward.
The McCormick-Goodhart Mansion in Langley Park was initially built in 1924 and later became a community hub. After being left empty for years, CASA de Maryland purchased it in 2009. The renovation utilized historic tax credits and aimed for LEED Gold certification. Modern eco-friendly features were added while restoring the mansion's historical elements, including the staircase. This transformation highlights the potential of older buildings to serve new purposes within communities.
US stock market futures are mixed today, Friday, Nov. 6, after Thursdays nearly $3 trillion AI-led selloff, as chip shares attempt a rebound. Dow futures are down 475 points, while S&P 500 futures gain 0.26% to 7,402.50 and Nasdaq futures rise 1.33% to 27,107.75. The Nasdaq plunged 5.52% yesterday; the S&P 500 fell 4.36% and the Dow lost 3.44%.
Sugar production during the current season has reached 12.85 lakh tonnes, against 3.20 lakh tonnes produced by the corresponding date last year.
Taking note of the BCI's decision, a bench comprising Chief Justice of India Surya Kant and Justices Joymalya Bagchi and V Mohana disposed of the plea filed against the age restriction. In March 2017, the top court had stayed the decision of the Bar Council of India (BCI) prescribing an upper age limit of 22 years for the five-year LLB course and 45 years for the three-year course.
IAG, the owner of British Airways and Iberia, said Friday that its net profit dropped more than 12 percent in the third quarter on soaring fuel costs and flight disruptions caused by the Middle East conflict. The group said its overall flight capacity had been hit y cancellations due to the conflict in the Middle East, together with aircraft availability linked to engine issues and disruption related to air traffic control disruption.
Ske Jarzenske and other Trump Media investors are facing severe losses as the company's stock value has plummeted. Many investors had high hopes for the social media platform, believing in its potential profitability under Trump's leadership. Instead, Trump Media's shares have lost significant value, and discontent among shareholders has grown. The company's revenue remains stagnant, leading investors to question management practices and investor trust.
Copper prices have faced yet another decline, marking four consecutive sessions of decrease, primarily due to a dip in technology shares and rising concerns over artificial intelligence investments. The three-month copper rate on the London Metal Exchange fell to a low not seen since late July. While tight supply, particularly outside the US, has cushioned further losses, a significant drop in copper stocks within Chinese warehouses is intensifying supply anxieties.
Siemens Limited announced a consolidated net profit of Rs 504 crore for the quarter ending September 30, 2026. This represents a 4.78% increase compared to the previous year's profit of Rs 481 crore. Revenue from operations grew significantly to Rs 5,734 crore, up from Rs 4,900 crore a year prior. Additionally, new orders reached Rs 6,228 crore, a notable 38% increase year-over-year.
The Monarch Countess, a roll-on/roll-off vessel, now rests serenely on the Gulf of Mexico's seabed. This ship, having been adapted for military tests and enticing tourists, has become a focal point for ecological studies. Research indicates that artificial reefs like the Countess support marine biodiversity. Continued observation will reveal its long-term influence on local fish populations, potentially transforming the area into a prime fishing and diving destination.
Silver price on Dhanteras: On the auspicious occasion of Dhanteras, silver prices have significantly decreased, providing an excellent opportunity for buyers. The indicative rate for 999-purity silver jewellery on November 6 was Rs 1,81,863 per kg, reflecting a decline of about Rs 5,437 from the prior day. Festive shoppers should consider comparing prices among jewellers. Additionally, India's hallmarking process for silver jewellery has improved traceability since October 2005.
Fund managers Radhika Gupta, Nilesh Shah, Samir Arora and seven others flag market themes, from IPOs and AI to smallcaps and semiconductors, that may struggle to sustain momentum.
Individuals often yearn for freedom, but with it comes the heavy mantle of accountability regarding their choices. Fyodor Dostoevsky's quote poignantly illustrates that our suffering often originates from our own decisions. This insight resonates in our modern world, where blame is frequently placed on external circumstances. Embracing personal responsibility paves the way for healing and growth. Ultimately, owning one's actions can cultivate a more meaningful and enriched future.
The Indian rupee strengthened past 94 per dollar after regaining appeal among emerging-market currencies recently. Significant foreign inflows into Indian equities and a sharp fall in oil prices are key factors. Analysts suggest India's equity markets may attract global investments as concerns about AI infrastructure spending grow. The Reserve Bank of India announced measures to support the rupee against maintaining fluctuations.

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