S&P 500 Falls 2.4% for Week on Midterms, Jobs Data; Nasdaq Drops 3.4%

The dispersion here is the real story: a broad index down modestly while semiconductors and memory chips fall far harder points to a sector-specific repricing rather than a uniform risk-off week. The daily rebound in the S&P 500 and Nasdaq 100 alongside that chip weakness suggests the selling was concentrated in specific areas rather than driven by the macro events named. Whether chip names stabilize independently of the broader tape is the open question worth tracking.