Brent closed Friday, November 6, 2026, at $98.32 a barrel, up 3 cents on the session but down more than 16% for the week as a whole, according to Reuters. In the same session, the Nasdaq Composite rebounded 1.1% while the Dow Jones fell 0.46%, in a day that partially erased Thursday’s technology-driven rout.
Wall Street Closes the Week Lower Despite Friday’s Rebound
On Friday, the three major US indices moved in mixed fashion. The Dow Jones Industrial Average shed 0.46% to settle at 51,285.73 points, the S&P 500 gained 0.31%, and the Nasdaq Composite rose 1.1%, according to figures reported by Reuters via Euronext (Euronext). This rebound in technology stocks was not enough, however, to erase the losses suffered the day before, described by the financial press as the worst session of the year and already detailed in the November 6 briefing.
Over the full week, the Nasdaq lost 3.4%, the S&P 500 2.7%, and the Dow Jones 0.9%, according to a news agency cited by Vietnam.vn (source). These three weekly declines confirm that Friday’s rebound remained partial and did not offset the drop seen in the technology-linked stocks tied to artificial intelligence earlier in the week.
Brent and WTI Partly Reverse Fears of Escalation With Iran
In the oil market, Brent ended Friday’s session at $98.32 a barrel, a slight gain of 3 cents, while US WTI closed at $90.83 a barrel, up 31 cents, according to CNBC (CNBC). This near-flat Friday close masks a sharp weekly decline: over the week, Brent lost more than 16% and WTI nearly 13%, also according to CNBC.
This weekly oil pullback follows on from the tensions described in earlier briefings around the talks between Iran and Qatar and fears of regional escalation. The table below summarizes Friday’s closing levels and the weekly changes reported by the cited sources.
| Indicator | November 6 close | Weekly change |
|---|---|---|
| Dow Jones Industrial Average | 51,285.73 points (-0.46% on the session) | -0.9% |
| S&P 500 | +0.31% on the session | -2.7% |
| Nasdaq Composite | +1.1% on the session | -3.4% |
| Brent | $98.32 a barrel | -16% or more |
| WTI | $90.83 a barrel | about -13% |
This Week’s Calendar: October US Inflation Data Due Tuesday
The Bureau of Labor Statistics will publish the October 2026 Consumer Price Index (CPI) on Tuesday, November 10, 2026, at 8:30 a.m. Eastern Time, according to the agency’s official schedule (BLS). No analyst forecast or consensus figure for this release has been communicated by an issuing institution at this stage; only the publication date and time are confirmed.
Readers who keep positions open during this type of macroeconomic release can review how trailing stop loss orders or stop-limit orders work, two risk management tools whose mechanics differ significantly during periods of heightened volatility.
Frequently Asked Questions
Why did the Nasdaq rebound on Friday even though the week was negative overall?
The Nasdaq Composite gained 1.1% in Friday’s session, a technical rebound after Thursday’s heavy drop, but this one-day gain was not enough to offset the index’s 3.4% weekly loss over the full week.
Did Brent really fall this week despite its stable close on Friday?
Yes. Brent closed Friday nearly flat, at $98.32 a barrel, up just 3 cents on the session. But over the full week, it lost more than 16%, showing that the main move occurred earlier in the week rather than on Friday itself.
What will the market be watching next week?
The market will be watching the release of the October 2026 US Consumer Price Index, due Tuesday, November 10, 2026, at 8:30 a.m. Eastern Time, from the Bureau of Labor Statistics. No official consensus figure has been communicated for this release so far.
Did the Dow Jones follow the same trend as the Nasdaq on Friday?
No. The Dow Jones Industrial Average fell 0.46% on Friday, to 51,285.73 points, while the Nasdaq rose 1.1% and the S&P 500 gained 0.31%, illustrating a sector split between technology stocks and the rest of the market.
