Bullish
Dow Jones rises 0.5% to 51,176.96 after jobs report eases inflation fears.
The Dow Jones Industrial Average increased by 0.5% to 51,176.96 on October 2, 2026, following a jobs report that showed a slowdown in hiring. This eased concerns about rising inflation and reduced expectations of an imminent interest rate hike by the Federal Reserve. ([apnews.com](https://apnews.com/article/48e9066481cba91a5d7c6688aa74a5cd?utm_source=openai))
Key points
- The S&P 500 gained 0.7%, closing at 7,722.72, approaching its all-time high.
- Treasury yields initially dropped following the jobs report but later rebounded as oil prices regained early losses.
- Despite Friday’s gains, the Dow ended the week down 1.3%, and the S&P 500 was down 0.3%.
Sources
AI-generated from public news sources. Not financial advice.
