Bullish
Russell 2000 rises 0.9% to 2,832.90 amid easing inflation fears.
The Russell 2000 index increased by 0.9% to 2,832.90 on October 2, 2026, following a job report that showed a slowdown in hiring. This eased inflation concerns and reduced expectations of an imminent interest rate hike by the Federal Reserve. The S&P 500 also gained 0.7%, closing at 7,722.72, approaching its all-time high.
Key points
- Job report shows hiring slowdown, easing inflation fears.
- S&P 500 approaches all-time high, closing at 7,722.72.
- Treasury yields initially drop but later rebound as oil prices regain losses.
Sources
AI-generated from public news sources. Not financial advice.
