Key facts
- Nasdaq 100 index fell 4% on May 6, 2026.
- SpaceX's IPO is oversubscribed by a factor of two.
- USD/JPY is approaching levels that may trigger intervention.
On May 6, 2026, the Nasdaq 100 index experienced a substantial decline of 4%. In other market developments, the USD/JPY currency pair is nearing levels that have historically prompted currency intervention by authorities. Additionally, SpaceX's Initial Public Offering (IPO) is reportedly seeing strong demand, being oversubscribed by a factor of two.