TREE NEWS reports: The MSCI Emerging Markets Index fell 2.7% to its lowest level since April, bringing its weekly decline to 4.1% and marking a sixth straight week of losses. Investors are anxious that midterm election results raise the risk Democrats will tighten regulation of the artificial intelligence industry. The MSCI Emerging Markets Currency Index was roughly flat.
TREE NEWS reports: The US AI software leaders index rose 0.29% to 115.31 points on Friday, November 6, but fell 8.06% over the week. The single-session gain failed to offset the broader weekly decline for the AI software sector gauge.
TREE NEWS reports: The information technology index rose 2.85% on Friday, Nov. 6, to close at 333.37 points. Despite the daily gain, the index fell 11.63% over the week.
TREE NEWS reports: The US memory chip and hardware supply chain index rose 3.14% to 127.98 points on Friday, November 6, but fell 21.34% over the week, during which it was almost entirely in decline. The index drifted steadily lower from November 2-4, accelerated its drop early in the November 5 session, then oscillated at low levels.
TREE NEWS reports: The Magnificent 7 index of US tech giants rose 0.55% to 217.77 on Friday, November 6, but fell 1.36% over the week. The index rallied early in the week, including a higher open on November 4, before a lower open on November 5 marked a reversal from the highs. The “mega-cap” tech index gained 1.44% to 422.56 on the day, down 3.35% for the week.
TREE NEWS update: Google purchased 2,976,982 Qualcomm shares for about $548 million, giving it a stake of less than 0.5% in the chipmaker. The investment gives Google exposure to Qualcomm’s business as Qualcomm pushes into the AI data center market. Google also holds shares in chip designer Arm and has a stock agreement worth up to $12.2 billion with Marvell to develop its tensor processing units.
TREE NEWS reports: QatarEnergy is targeting supply from NextDecade’s sixth production train as it advances its US LNG expansion, people familiar with the matter said. The move would deepen the Qatari state energy company’s footprint in American liquefied natural gas. No financial terms or timeline were disclosed.
TREE NEWS reports: The emerging market ETF rose 2.2% on Friday, November 6, leading gains among major US asset-class ETFs, while the Nasdaq 100 ETF added 1.4%. The Russell 2000 ETF, long-dollar index, Barclays US convertible bond ETF and S&P 500 ETF each gained at least 0.31%, and the soybean fund rose 0.08%. The 20+ year Treasury ETF slipped 0.01%, the Dow ETF fell 0.4%, and the gold ETF dropped as much as 0.79%.
TREE NEWS reports: Ten of the S&P 500’s 11 sectors closed lower, with information technology the sole gainer, up 1.26%. Telecom, industrials and consumer discretionary rose at most 0.51%, while real estate fell 0.64%, financials 0.68% and consumer staples 1.21%.
TREE NEWS reports: US bank deposits totaled $19.798 trillion in the week ended last week, up from $19.772 trillion the previous week, the Federal Reserve reported. The weekly figure covers deposits at commercial banks and reflects a modest increase of roughly $26 billion week over week.
TREE NEWS reports: US sector ETFs closed mixed on Friday, November 6, with the semiconductor ETF up 3.62%, the global tech index ETF up 2.03% and the tech sector ETF up 1.45%. The energy ETF slipped 0.02% and the banking ETF fell 0.47%. Year to date in 2026, the energy ETF has gained 40.55%, while semiconductor, biotech and healthcare ETFs are up between 20.86% and 28.83%; the consumer discretionary ETF is down 0.92% and the internet index ETF down 3.19%.
TREE NEWS update: Russian presidential spokesman Dmitry Peskov said on February 6 that Russia and the United States remain positive and are willing to continue humanitarian work, following the recent humanitarian aid operation in Oleshky. Peskov said the February 5 meeting in Washington between Russian presidential special representative Kirill Dmitriev and Russian human rights commissioner Tatyana Moskalkova with US First Lady Melania Trump was “very positive.”
TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index fell 1.73% to 2902.48 on Friday, November 6, dropping sharply in Asia-Pacific early trading after peaking and pulling back between November 4 and 6. The index is still up 1.22% for the week, having spent most of the period in positive territory.
TREE NEWS update: FinCEN issued an order barring U.S. financial institutions from any transfers to or from crypto exchange MEXC, part of its Operation Economic Outcast. The Treasury said MEXC facilitated $16 billion in illicit finance tied to Iran, North Korea and Russia. The order cuts the exchange off from the U.S. financial system.
TREE NEWS update: The US Treasury’s Financial Crimes Enforcement Network (FinCEN) on Friday ordered US financial institutions to stop processing transfers involving MEXC Global, citing an alleged $16 billion in illicit transactions. The order bars banks and other regulated firms from handling funds tied to the crypto exchange. MEXC has not publicly responded to the action.
TREE NEWS update: A series of explosions were heard in Kyiv, Ukraine’s capital, on Wednesday. The cause of the blasts and whether they resulted in casualties or damage were not immediately clear. The incident comes amid the ongoing war in Ukraine. No further details were available at the time of reporting.
TREE NEWS update: The U.S. Treasury has severed MEXC Global from the U.S. financial system over allegations that the crypto exchange supported $16 billion in transactions connected to Iran, North Korea and Russia. The action cuts the exchange off from U.S. counterparties and dollar-clearing channels. Treasury cited the alleged sanctions-linked transaction volume as the basis for the move.
TREE NEWS reports: Axon’s stock closed down 18%, marking its worst single-day performance since 2013. The sharp decline is the largest one-day drop for the company in more than a decade.
TREE NEWS reports: Airbnb shares closed 12% higher, marking their largest single-day gain since Aug. 7. The move reflects a sharp one-session rally in the home-sharing company’s stock, though the material did not specify a catalyst for the advance.
TREE NEWS reports: The three major US stock indexes closed higher on Nov. 7, with the Dow up 0.06%, the Nasdaq up 1.79% and the S&P 500 up 0.63%. Crypto-linked names posted sharp gains: Riot Platforms (RIOT) rose 14.55% and MARA added 8.31%, while chip stocks also rallied, with AMD up 9.57%, Intel (INTC) up 7.13% and Micron (MU) up 5.12%.