Wall Street closed Friday higher, with Nvidia leading the Nasdaq to an intraday record after the soft September jobs report. The S&P 500 gained 0.89%, the Dow 0.64%, the Nasdaq 1.35% and the Russell 2000 0.35%, all against Thursday's close. Bitcoin ran up on Sunday night, then gave much of it back early on Monday.
What to watch
- Fed and yields: the 10-year Treasury yield ended Friday near 5.28% and the 30-year near 5.63%. Fed speakers and yield moves are the swing factor this week.
- Next FOMC: October 27-28, with the decision on Wednesday, October 28. Markets price roughly a 50-64% chance of a 25bp hike, depending on the venue.
Markets
US stocks rallied after payrolls rose 29,000 against 84,000 expected. Nvidia led the chip rally. The 10-year yield dipped on the print, then recovered to 5.28%.
No reliable closing levels for the FTSE 100, DAX, CAC 40 or Stoxx 600 turned up in this window, so none are quoted here.
Crypto
As of 05:55 UTC on October 5, bitcoin traded at $85,760, down 0.9% from the 00:00 UTC open of $86,530. It peaked at $86,999 around 01:00 UTC. It then slid through the 03:00 and 04:00 UTC hours, reaching a low of $85,412.
Other majors, also against the 00:00 UTC open:
- Ether: $2,705, down 0.8%.
- Solana: $120.42, down 1.0%.
- XRP: $1.505, down 1.0%.
- BNB: $791, down 0.5%.
- Dogecoin: $0.0953, down 0.7%.
What it means for crypto trading
Crypto is fading its Sunday-night spike while rate-hike odds stay near a coin flip. A hawkish Fed speaker or a jump in yields is the main risk to the $85k area.
Sources:
- TheStreet — Stock Market Today (Oct. 2, 2026): Dow rises after key jobs report
- CNBC — Stocks rise Friday after soft jobs data, Nvidia leads Nasdaq to intraday record
- Yahoo Finance — Dow, S&P 500, Nasdaq rally as Fed rate-hike expectations fade
- Coingape — Will the Fed raise rates after the October 2026 meeting?