{"id":85336,"date":"2026-11-06T17:41:03","date_gmt":"2026-11-06T06:41:03","guid":{"rendered":"https:\/\/www.icmarkets.com.au\/blog\/?p=85336"},"modified":"2026-11-06T17:41:04","modified_gmt":"2026-11-06T06:41:04","slug":"stock-futures-fall-as-ai-sell-off-deepens-06-november-ic-markets","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/stock-futures-fall-as-ai-sell-off-deepens-06-november-ic-markets\/","title":{"rendered":"Stock Futures Fall as AI Sell-Off Deepens | 06 November | IC Markets"},"content":{"rendered":"\n

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

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

\u25cf        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\n\n\n

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

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

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

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

Markets Update:<\/strong><\/h3>\n\n\n\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’s closely watched October employment report.<\/p>\n\n\n\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\n\n\n

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

Thursday’s 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\n\n\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\n\n\n

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

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

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

\u25cf       3:00 PM    GMT   –   USD   Prelim UoM Consumer Sentiment<\/p>\n","protected":false},"excerpt":{"rendered":"

Global Markets: \u25cf         Asian Stock Markets : Nikkei […]<\/p>\n","protected":false},"author":8,"featured_media":79441,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-85336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/comments?post=85336"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85336\/revisions"}],"predecessor-version":[{"id":85337,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85336\/revisions\/85337"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media\/79441"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media?parent=85336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=85336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=85336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}