US Equities · Pre-Open BriefingAlso todaySee the US Macro Daily

Stocks rally on inflation

October 5, 2026
The October 2, 2026 cash session, and what is scheduled today

The S&P 500 rose 0.73% to 7,722.72 and the Nasdaq Composite rose 1.19% to 27,190.86, with the Nasdaq-100 up 1.00%.

Breadth293 up / 207 down
LeadershipNasdaq-100 by 0.27pp
Member coverage100%

Futures now

Ahead of the open, S&P 500 futures are little changed, Nasdaq 100 futures down 0.10%, Dow futures little changed and Russell 2000 futures up 0.16% against their previous settlement. In Asia, the Nikkei 225 is up 2.40% and the Hang Seng up 0.28%. In Europe, the Euro Stoxx 50 is up 0.10%, the DAX up 0.22% and the FTSE 100 up 0.58%. Across markets, WTI is down 0.98% at 90.22, Gold is up 0.57% at 4,186.00 and EUR/USD is down 0.35% at 1.1211.

MarketLevelChangeAs of
S&P 500 futures7,774.25-3.00 (-0.04%)2026-10-05
Nasdaq 100 futures31,030.25-31.50 (-0.10%)2026-10-05
Dow futures51,462.00-15.00 (-0.03%)2026-10-05
Russell 2000 futures2,855.40+4.50 (+0.16%)2026-10-05

Where the tape closed

S&P 500
7,722.72
+56.27 (+0.73%)
5d -0.27% · 1m +0.73%
Nasdaq Composite
27,190.86
+319.26 (+1.19%)
5d +0.45% · 1m +3.71%
Nasdaq-100
30,807.93
+306.37 (+1.00%)
5d +0.65% · 1m +5.71%
VIX
15.31
-1.08 (-6.59%)
5d +2.96% · 1m +6.91%

The Session

Of the 503 S&P 500 members that printed, 293 rose and 207 fell. Information Technology led the sector table at +0.94% on an equal-weighted basis and Financials sat at the bottom at -0.28%. Seagate Technology (STX) fell 10.21% and carried the largest share of the weighted index move. The VIX fell 6.59% to 15.31.

World news

The day ahead

Economic calendar
TimeReleaseImpactConsensusPrevious
10:00 ETServices Sector PMIHigh55.755.4
Reporting today

No universe name on the reporting calendar for today.

Overnight and across markets

Asia and Europe
MarketLevelChangeAs of
Nikkei 22569,946.86+1,637.40 (+2.40%)2026-10-05
Hang Seng24,040.34+68.05 (+0.28%)2026-10-05
Shanghai Composite3,842.20+11.74 (+0.31%)2026-09-30 last print
Euro Stoxx 506,245.01+6.51 (+0.10%)2026-10-05
DAX25,286.42+55.22 (+0.22%)2026-10-05
FTSE 10010,522.84+60.84 (+0.58%)2026-10-05
Commodities, currencies and rates
MarketLevelChangeAs of
WTI crude90.22-0.89 (-0.98%)2026-10-05
Gold4,186.00+23.70 (+0.57%)2026-10-05
EUR/USD1.1211-0.0039 (-0.35%)2026-10-05
USD/JPY158.24+0.31 (+0.20%)2026-10-05
US 10-year yield5.28%—2026-10-02

Where the indices sit

S&P 500 daily bars for the last 30 sessions, then three months of closes rebased to 100.

What carried the session

Proxy: dollar-volume share among members that printed, times the move. Not official index weight.

TickerNameSessionContribution
STXSPXNDXSeagate Technology-10.21%-24.5 bp
WDCSPXNDXWestern Digital-10.22%-21.8 bp
TSLASPXNDXTesla, Inc.+4.65%+19.5 bp
MUSPXNDXMicron Technology-2.05%-12.2 bp
SNDKSPXNDXSandisk-3.79%-11.1 bp
NVDASPXNDXNvidia+1.34%+8.8 bp
AMDSPXNDXAdvanced Micro Devices+2.95%+7.5 bp
AVGOSPXNDXBroadcom+3.35%+6.1 bp

Breadth and sectors

Sector moves equal-weighted across members that printed.

SectorAverage member moveMembers
Information Technology+0.94%74
Industrials+0.65%83
Energy+0.41%21
Utilities+0.40%31
Communication Services+0.36%23
Consumer Staples+0.28%33
Materials+0.18%25
Health Care+0.12%60
Real Estate+0.02%30
Consumer Discretionary+0.02%47
Financials-0.28%76

Largest moves

Risers
TickerNameSession
TERSPXNDXTeradyne+8.00%
HPESPXHewlett Packard Enterprise+7.36%
SPCXNDXSpace Exploration Technologies Corp.+7.35%
ECHOSPXEchoStar+6.80%
ONSPXON Semiconductor+6.01%
MPWRSPXNDXMonolithic Power Systems+5.79%
COHRSPXCoherent Corp.+5.59%
NTAPSPXNetApp+5.22%
Fallers
TickerNameSession
WDCSPXNDXWestern Digital-10.22%
STXSPXNDXSeagate Technology-10.21%
ACNSPXAccenture-6.31%
CTVASPXCorteva-5.17%
ALNYNDXAlnylam Pharmaceuticals, Inc.-4.96%
APPSPXNDXAppLovin-4.65%
FDSSPXFactSet-4.18%
ITSPXGartner-4.15%

Earnings reported in the session

Beat and miss shown only where consensus and actual are both published.

No universe names in the earnings feed for this session.

Headlines in the session window

Fed and macro

  • Headline Unemployment Rate2026-10-02 · High impact
  • Payroll Jobs Growth2026-10-02 · High impact
  • Headline Unemployment Rate2026-10-02 · High impact
  • Payroll Jobs Growth2026-10-02 · High impact
What to watch

scheduled US macro: Headline Unemployment Rate (2026-10-02); Payroll Jobs Growth (2026-10-02); Headline Unemployment Rate (2026-10-02).

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