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Wall Street rebounds after tech selloff

The Australian Financial Review (AFR) •
November 06, 2026 • 05:13 PM
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Technology reversed some of Thursday’s losses, while a positive US jobs report boosted investor sentiment.

Wall Street rebounds after tech selloff

Investors faced another volatile trading session, with US stocks rebounding as technology shares reversed some of the punishing losses from the day before, capping the end of a turbulent week.

The fallout from Wall Street’s worst day in nearly two years reverberated around the world, as growing concerns over runaway spending on artificial intelligence dragged down technology shares. Markets in Asia were hit hard on Friday, but as trading got underway in Europe the tide began to turn.

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