Nasdaq Futures Jump as Volatile Week Continues

This week's volatile market swings are continuing Friday, as stock futures trade mixed, with the Nasdaq-100 Index (NDX) jumping more than 400 points amid a rebound in beaten-down AI stocks. The S&P 500 Index (SPX) is also sporting pre-market gains, while the Dow Jones Industrial Average (DJI) is down over 450 points. All three major indexes are fresh off their worst single-day losses since April 2025.

Meanwhile, October's nonfarm payrolls report showed the U.S. economy added 165,000 jobs, significantly higher than estimates of 59,000, while the unemployment rate unexpectedly fell to 4.1%. Treasury yields are on the rise after the report.

Continue reading for more on today's market, including:

• Why Unity Software shined during the tech selloff.
• 2 semiconductor ETFs that drew options bears yesterday.
• Plus, MRNA reverses course after results; LRCX surges on buyback news; and FIVN falls on lowered guidance.

5 Things You Need to Know Today

1. The Cboe Option Exchange saw a whopping 2.7 million call contracts and 2.4 million put contracts traded on Thursday. The single-session equity put/call ratio rose to 0.89, while the 21-day moving average rose to 0.59. 
2. Moderna Inc (NASDAQ:MRNA) is up 0.3% before the bell, cooling from its earlier premarket surge after the biotech giant's better-than-expected third-quarter results and a raised outlook. The shares are up a whopping 718% in 2026, and hit a four-year high last session. 
3. Semiconductor-related stock Lam Research Corp (NASDAQ:LRCX) is up 11% ahead of the open, after the board authorized a $25 billion stock buyback. With the shares yesterday hitting their lowest level since early January, now looks like an opportune time to do so. 
4. Five9 Inc (NASDAQ:FIVN) is down 16.4% in electronic trading, brushing off a third-quarter earnings beat after the company lowered its earnings guidance and announced the acquisition of Level AI for $325 million in cash. Year to date, the equity is up 70.3%. 
5. Inflation data highlights next week's quieter schedule. 

Nikkei Enters Bear Market Territory

Asian markets took a cue from their U.S. counterparts and finished notably lower across the board as tech took a backseat. Japan’s Nikkei and South Korea’s Kospi both plummeted 6%, with the former entering bear-market territory. Elsewhere, China’s Shanghai Composite fell 1.1%, while Hong Kong’s Hang Seng lost 1.3%.

European stocks are also suffering a setback, while curiosity surrounding a Uniper’s potential initial public offering (IPO) and dividend policy in Germany take focus. At last check, London’s FTSE 100 is off 2%, France’s CAC 40 is down 1.7%, and Germany’s DAX is 2.3% lower.