Gold Falls 1%; Charter Communications Shares Fall After Q3 Results

by | Nov 6, 2026 | General

U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining around 1.5% on Friday.

The Dow traded up 0.03% to 51,540.86 while the NASDAQ climbed 1.50% to 24,679.98. The S&P 500 also rose, gaining, 0.81% to 7,413.30.

Leading and Lagging Sectors

Information technology shares jumped by 2.1% on Friday.

In trading on Friday, consumer staples stocks fell by 0.8%.

Top Headline

Charter Communications Inc (NASDAQ:CHTR) shares fell around 4% after the company reported third-quarter financial results.

Charter Communications reported quarterly losses of $20.50 on sales of $14.922 billion, according to data from Benzinga Pro.

Equities Trading UP
           

  • Gogo Inc (NASDAQ:GOGO) shares shot up 41% to $3.19 following third-quarter results.
  • Shares of JFrog Ltd (NASDAQ:FROG) got a boost, surging 32% to $98.34 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter guidance above estimates.
  • Clean Energy Fuels Corp (NASDAQ:CLNE) shares were also up, gaining 29% to $1.95 after the company reported better-than-expected quarterly financial results.

Equities Trading DOWN

  • DraftKings Inc (NASDAQ:DKNG) shares dipped 29% to $16.68 after the company reported worse-than-expected quarterly financial results and cut its FY26 sales guidance below estimates.
  • Shares of Biodesix, Inc. (NASDAQ:BDSX) were down 48% to $10.40 after the company reported worse-than-expected quarterly sales results and lowered its FY2026 sales guidance below estimates.
  • Axon Enterprise Inc (NASDAQ:AXON) was down, falling 16% to $320.90 after the company reported downbeat results for the third quarter.

Commodities 

In commodity news, oil traded down 0.4% to $90.19 while gold traded down 1% at $4,075.

Silver traded down 1% to $51.875 on Friday, while copper fell 0.2% to $6.2580.

Euro zone

European shares were lower today. The eurozone’s STOXX 600 dipped 1.4%, while Spain’s IBEX 35 Index fell 0.9%, London’s FTSE 100 fell 1.4%, Germany’s DAX tumbled 2.3%, while France’s CAC 40 fell 1.1%.

Asia Pacific Markets

Asian markets closed mostly lower on Friday, with Japan’s Nikkei 225 dipping 5.96%, Hong Kong’s Hang Seng index falling 1.27%, China’s SSE Composite Index declining 1.10% and India’s BSE Sensex gaining 2.17%.

Economics

  • The U.S. economy added 165,000 jobs in October, well above the 65,000 economists had expected, the Bureau of Labor Statistics said Friday.
  • The unemployment rate fell to 4.1%, compared with a 4.2% forecast.
  • Average hourly earnings rose 0.4% from September and 3.1% from a year earlier, against expectations of 0.3% and 2.9%.
  • The University of Michigan’s consumer sentiment index climbed to 51.0 in early November from 48.0 in the previous month and topping market estimates of 48.0.

Photo via Shutterstock