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JUST · Analysis updated Nov 6, 2026, 9:52 AM ET
Why is Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST) stock moving?
JUST fell 4.00% on Nov 5 to $105.55, in line with a broad market rout. The S&P 500 lost 4.36% and the Nasdaq lost 5.52%, the worst session since April 2025. The selloff was driven by AI and chip stocks after fears of a slower data-center build-out following the midterms. JUST holds roughly 460 companies, and about 41% of assets sit in its top 10. Nvidia, Apple, Microsoft and Broadcom are among them, so it carries meaningful AI and semiconductor exposure. Volume on the day was about 9,357 shares on 179 trades, above the recent norm, and the intraday low of $105.54 was near the close. The fund is now about 5.7% below its 52-week high of $111.97 but is still up about 14.8% YTD. Nov 4 saw a strong post-election rally, and Nov 5 erased it. The market is heading into Friday's payrolls report, with futures weak after the close and some rebound attempts reported. Volatility is likely to stay elevated near term. The S&P 500 is close to its 200-day average, which makes the next few sessions important for direction.
News behind the analysis
- Stock market news for Nov. 5, 2026The S&P 500 fell 4.36% to 7,353.73 and the Nasdaq fell 5.52% into correction territory in an AI tech selloff.
- Stock stock market today: Dow plunges 1,800 points, Nasdaq enters correction in AI trade meltdownChip stocks sold off and erased roughly $2 trillion in market cap. Nvidia, Broadcom, Micron and AMD were among the hardest hit.
- Stock Market Today, Nov. 5: Nasdaq Suffers Worst Day in 18 Months as AI Trade Comes Under FireThe worst session since early 2025 hit semiconductors hardest, as midterm-driven regulatory worries rattled investors.
- Stocks tumble, erasing post-midterm gains as markets weigh future of AI build-outThe S&P 500 lost around 4% and the Nasdaq about 5.5%, erasing the prior day's post-election gains.
- Stock market today: Live updatesAll 11 S&P 500 sectors closed lower, led by AI build-out names. Futures fell after the close, and markets are watching Friday's payrolls report.
- Stock Market News for Nov 5, 2026The S&P 500 rose 1.6% to 7,688.62 on Nov 4 after the midterm result, and the VIX fell 20.3% to 16.61.
- The Stock Market Today, November 5, 2026, Closed Sharply Lower as the AI Chip Selloff SpreadSelling in AI chip stocks spread across the market on fears of a slower data center buildout after the elections.
- Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST) overviewJUST closed at $105.55, down 4.00% on the day. Its 52-week range is $89.86 to $111.97, and its YTD return is about +14.8%.
- JUST Holdings and Morningstar analysisAs of Oct 27, the top 10 holdings were 41% of assets. Nvidia was 8.25%, Apple 8.14%, Microsoft 6.40% and Broadcom 2.58%.