The Nasdaq rebounded as chipmakers rallied, while Apple shares moved lower ahead of US midterm results. The market update was reported as of 04 November 2026 at 2:30 a.m. IST.
Chipmakers Lift the Nasdaq
Strength among chipmakers helped drive the Nasdaq’s rebound. The move placed technology-focused stocks at the center of the session’s market action.
Apple Moves Lower
Apple shares declined during the same period, creating a contrast with the gains recorded among chipmakers. The report does not provide further details on the size of either move or identify the factors behind Apple’s decline.
Market Focus Ahead of US Results
The trading update came ahead of US midterm results, adding a political event to the backdrop for the market’s performance. The available information does not specify how investors may respond after those results or provide a broader outlook for US stocks.
For now, the key developments are the Nasdaq’s rebound, a rally among chipmakers and weakness in Apple shares ahead of the midterm results.