Shares in AI and tech companies have rebounded following a significant market sell-off that occurred on Thursday, which resulted in a loss of trillions in stock values. The Nasdaq index opened higher on Friday, recovering some of its previous losses as investors reacted to better-than-expected US employment figures, with 165,000 jobs added in October.
The sell-off was partly attributed to fears that a Democrat election victory could slow AI development due to proposed regulations. Despite these concerns, the job market's strength suggests resilience in the economy, which may alleviate some investor worries.