📢 Flash
Hit by the AI crash! Tonight, a strong NFP report could deliver another blow to U.S. equities.
At 8:30 a.m. ET on Friday, November 6, the U.S. will release its October nonfarm payrolls report. While markets broadly expect the figure to rebound from September’s low, its timing is unusually sensitive: just one day before the report’s release, tech stocks faced intense selling pressure—NASDAQ-100 plunged 6.36% in a single session, marking its largest one-day drop since March 2020, and AI-related trades collapsed across the board.
Thursday’s sharp volatility has completely reshaped how markets interpret the upcoming jobs data—S&P 500 fell 4.36%, the Philadelphia Semiconductor Index tumbled 12%, and the VIX surged 11.5 points to 28, signaling rapidly deteriorating market liquidity. In this environment, even an upside surprise in the nonfarm payrolls report may fail to restore investor confidence—and could instead reignite expectations of a December Fed rate hike at the worst possible moment, further straining an already extremely fragile market.
Options market activity suggests investors are actively positioning for significant volatility…
Thursday’s sharp volatility has completely reshaped how markets interpret the upcoming jobs data—S&P 500 fell 4.36%, the Philadelphia Semiconductor Index tumbled 12%, and the VIX surged 11.5 points to 28, signaling rapidly deteriorating market liquidity. In this environment, even an upside surprise in the nonfarm payrolls report may fail to restore investor confidence—and could instead reignite expectations of a December Fed rate hike at the worst possible moment, further straining an already extremely fragile market.
Options market activity suggests investors are actively positioning for significant volatility…
