The S&P 500 closed Election Day at 7,568.92. Does it close above 7,600 on Nov 6, the day of the jobs report?

The Bureau of Labor Statistics released its October jobs report on Friday, November 6, 2026, showing nonfarm payrolls rose by about 165,000, well above forecasts in the 59,000-to-70,000 range, while the unemployment rate fell to 4.1 percent from September's 4.2 percent. Average hourly earnings rose 0.4 percent for the month. The stronger-than-expected data pushed Treasury yields and the dollar higher and tempered market expectations for further Federal Reserve rate cuts. Major stock indexes finished the session mixed: the Nasdaq rose about 1.1 percent as chip and AI-related stocks rebounded, while the Dow slipped roughly 0.46 percent to close at 51,285.73. The S&P 500 edged up about 0.31 percent on the day to roughly 7,376.86, a level below both the 7,600 threshold in question and the index's Election Day close of 7,568.92, leaving the index down about 2.7 percent for the week amid a broader selloff in technology and AI-linked shares. The community had been unanimous, at 100 percent, in predicting the index would close above 7,600, making this one of the more lopsided wrong calls among the week's markets questions.