I'll pull today's top business and market headlines for you.
I've gathered some early market signals — now I'll pull the complete roundup of today's major headlines.
Today's Top Business / Market Headlines — Saturday, October 3, 2026 (reflecting Friday, Oct. 2 close - markets closed for weekend):
1. U.S. Stocks Rally on Weak Jobs Report Despite Government Shutdown
•U.S. stocks rallied Friday, with the Nasdaq Composite leading Wall Street higher after a surprisingly weak September employment report substantially reduced expectations that the Federal Reserve will raise interest rates again at its October meeting
•The rally gave investors an upbeat finish to a volatile week marked by surging Treasury yields, elevated energy prices, persistent inflation concerns, and uncertainty surrounding the Federal Reserve's next move
•U.S. stocks rose across the board as a weaker-than-expected September jobs report eased concerns that the Federal Reserve would raise its benchmark interest rate in October
Performance Friday, Oct. 2, 2026:
•The S&P 500 rose 0.7% Friday to close at 7,722.72
•The S&P 500 rose 56.27 points, or 0.73%, to 7722.72
•The Dow Jones Industrial Average climbed 250.40 points, or 0.49%, to 51176.96. The Nasdaq gained 319.27 points, or 1.19%, to 27190.86, near a record high
•The Nasdaq composite jumped 1.2%, while the S&P 500 advanced 0.7%
2. Treasury Yields Hit Multi-Decade Highs Then Ease
•Benchmark 10-year U.S. Treasury yields surged above 5.3% on Thursday, reaching their highest level since 2002 as escalating oil prices and ongoing war in the Middle East push inflation fears higher
•U.S. Treasury yields have jumped to levels last seen in the early 2000s, with the 10‑year near 5.3%, creating volatile bond trading and adding to borrowing‑cost pressure for governments, companies and households
•The weak hiring raised the odds that the Federal Reserve holds rates steady at its October 27-28, 2026, meeting. The 10-year Treasury yield was 5.18% as of 9:10 a.m. ET on October 2, down from 5.24% a day earlier and 5.29% on September 30, its highest close since 2002
•Treasury yields rose on Friday, after initially falling following an unexpectedly weak September jobs report likely put the brakes on a Federal Reserve rate hike in October
3. Oil Pushes Above $100
•Oil moved back above $100 a barrel after reports of expanded Middle East military activity and China's fuel export curbs, raising the risk of higher headline inflation
•Oil Near $100 Threatens U.S. Stocks' Stellar Run
4. Fed Policy - October Hike Off The Table
•Prediction markets flipped sharply toward a Fed hold for the October 27–28 meeting, with Polymarket pricing roughly a two‑thirds chance of no change by Oct. 1–2
•Senior Fed officials urged a data‑dependent approach this week, comments that helped cut October hike odds and prompted banks such as Goldman Sachs to push their next expected Fed hike to December
•Vice Chair Jefferson echoes another central bank official who cast doubt on an October hike
•Friday morning's print makes a good case that a rate increase at the Fed's October meeting is off the table
5. Government Shutdown Begins But Markets Shrug Off
•All three benchmarks ended higher despite the official start of a U.S. government shutdown, which added a layer of fiscal uncertainty to an already cautious market
•The pharma gains helped investors look past the start of a federal government shutdown that could lead to a blackout of key U.S. economic data
6. Other Business Headlines In Focus
•Mortgage Rates Surge, Notching Largest Weekly Gain in Four Years - The rise to 7.28% follows the bond-market rout and deals another blow to a limping housing market
•Dow Jones Top Company Headlines: Oura Postpones IPO Over Market Uncertainty - The smart-ring maker said it was delaying its listing despite strong demand
•JPMorgan says Wall Street's AI bet is finally paying off
•Stanley Druckenmiller sees a Fed problem Wall Street can't ignore
•World shares marked time on Tuesday, holding just shy of record highs ahead of highly anticipated U.S. inflation data
•Indian markets closed: BSE and NSE will remain closed this Friday for Mahatma Gandhi Jayanti holiday. It means that trading will remain suspended for three consecutive days, i.e. October 2, 3 and 4