Stock Market Today: November 6, 2026 — Small Caps Lead While Tech Retreats
The S&P 500 ended November 6, 2026 up 0.31% at 7376.86 while the Nasdaq rose 1.09% to 24579.42, with KRMN leading gainers at +42.13% and IRTC falling -30.7% as the day's biggest loser.
TL;DR: The Nasdaq Composite closed 1.09% higher at 24579.42 while the S&P 500 added 0.31% to finish at 7376.86, as the Dow slipped 0.46% to 51285.73. KRMN led all gainers with a 42.13% surge to 45.61, the most striking small-cap move of the session.
KRMN, FROG, and FLY Dominate Small-Cap Gainers
The tape’s strongest small-cap story came from KRMN, which closed at 45.61 after a 42.13% daily gain. Karman Holdings Inc. posted the largest percentage advance among today’s top gainers, outpacing every other name on the leaderboard. JFrog Ltd. followed with FROG climbing 35.33% to 100.98, while FLY added 36.8% to close at 20.76. nLIGHT, Inc. LASR rose 29.58% to 38.02, and TransMedics Group, Inc. TMDX gained 27.92% to 88.24, rounding out the five strongest performers on the day.
IRTC and DraftKings Lead the Decliners
IRTC suffered the session’s steepest drop, falling 30.7% to 90.22. iRhythm Holdings, Inc. led a list of losers that included DKNG, which declined 21.3% to 18.51. AXON dropped 18.18% to 313.0, while FIVN lost 17.63% to close at 28.12. BKD completed the top losers with a 16.65% decline to 9.01, the lowest-priced name among the day’s biggest percentage decliners.
Tech ETF Collapse Weighs on Growth Names
The Technology Select Sector SPDR XLK fell 6.66%, the worst sector performance of the day and a sharp reversal from its 14.16% year-to-date gain. Industrials XLI dropped 4.01% and Consumer Discretionary XLY fell 3.88%, while Financials XLF declined 3.45%. Every sector closed in negative territory except none, as the broad market rotation pushed capital out of rate-sensitive growth cohorts and into the small-cap gainers that defined the tape.
The Numbers Block
- S&P 500 (^GSPC): 7376.86 (+0.31% day, +7.56% YTD)
- Nasdaq Composite (^IXIC): 24579.42 (+1.09% day, +5.78% YTD)
- Dow Jones (^DJI): 51285.73 (-0.46% day, +6.00% YTD)
- Russell 2000 (^RUT): 2754.11 (+0.89% day, +9.80% YTD)
- VIX (^VIX): 25.64 (-9.01% day)
- 10-Year Treasury Yield (^TNX): 4.86 (+0.45% day)
- US Dollar Index (DX-Y.NYB): 102.28 (+0.72% day)
- WTI Crude (CL=F): 90.34 (-0.20% day)
- Gold (GC=F): 4079.5 (-0.83% day)
| Sector ETF | Today % | YTD % |
|---|---|---|
| Communication Services (XLC) | -0.16% | -10.36% |
| Utilities (XLU) | -1.10% | -0.12% |
| Consumer Staples (XLP) | -2.02% | +15.95% |
| Real Estate (XLRE) | -2.48% | +8.96% |
| Health Care (XLV) | -2.56% | +18.83% |
| Energy (XLE) | -2.99% | +34.98% |
| Financials (XLF) | -3.45% | +4.06% |
| Materials (XLB) | -3.62% | +12.64% |
| Consumer Discretionary (XLY) | -3.88% | -0.65% |
| Industrials (XLI) | -4.01% | +2.97% |
| Technology (XLK) | -6.66% | +14.16% |
Actionable Takeaway
Today’s tape rewarded low-priced small-cap momentum while punishing rate-sensitive sectors, with KRMN and FLY leading percentage gains as XLK fell 6.66%. Scanners targeting sub-$20 names with outsized relative volume would have surfaced the day’s leaders before the close. Check today's gainers to see which of these names are carrying momentum into tomorrow’s session.