ATLAS News · Markets

Stocks Post Broad Losses in Election Week as Nasdaq Slips Below 200-Day Line

· 1 sources

Investor's Business Daily's weekly review says the Nasdaq fell under its 200-day line on AI worries, with Apple and Palantir among key earnings reports.

What happened

Investor's Business Daily reports that the stock market suffered sizable losses during election week. The publication says the declines were widespread rather than limited to one area.

In its weekly review, the outlet says the Nasdaq dropped below its 200-day line amid concerns tied to artificial intelligence. Apple and Palantir Technologies were named among the key earnings reports of the week.

Context

The 200-day moving average is a widely watched technical gauge of a market's longer-term trend.

Why it matters

A move of the Nasdaq below this level, alongside AI concerns and major earnings, may influence how investors view technology shares such as Apple and Palantir.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

AppleAAPL

−0.52%

Technology · NASDAQ

Close on November 6
$342.37−0.52% vs. previous close ($344.17)
Fair value (ATLAS)
$186.48Fair range: $128.18 to $218.69The price ($342.37) is 83.6% above that figure.
Chance of a rise in 1 month
52%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $327.73 and $359.67; 9 in 10, between $301.81 and $390.57.
See the full ATLAS analysis of Apple →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Market indices

Latest close of the ETFs that track the main US indices (SPY, QQQ, DIA), from ATLAS data.

S&P 500 (SPY): 735.29 (+0.31%) · November 6

Nasdaq-100 (QQQ): 656.10 (+1.40%) · November 6

Dow Jones (DIA): 512.22 (−0.40%) · November 6

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

  1. Stock Market Suffers Ugly Losses In Election Week; Apple, Palantir Led Key Earnings: Weekly Review · Investor's Business Daily · November 6, 2026

Related

Latest market news · Markets today on ATLAS · Apple · Palantir Technologies

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