Nasdaq Leads Stock Gains After Tame Jobs Report
WSJ Minute Briefing

Nasdaq Leads Stock Gains After Tame Jobs Report

B2Upper-intermediateOctober 2, 20261 min
  • News bulletin
  • Business & money

Plus: Treasury yields end higher. And Tesla shares jump after falling sales still beat analyst expectations. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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B2 · Upper-intermediate

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A1 47%A2 29%B1 6%B2 18%C1 0%
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0:00

Here's your closing bill brief for Friday, October 2nd. I'm Pierre Bienemay for The Wall Street Journal. This morning's jobs report may have been weaker than expected, but it was the kind that markets like.

0:15

Not too hot, not too cold. And investors bet that the Federal Reserve won't be forced to raise interest rates aggressively. The Nasdaq led the gains, closing up 1.2 percent after hitting an intraday record

0:27

high. S&P 500 rose 3 quarters of a percent, and the Dow rose half a percent. The bond market's reaction was more measured. Treasury yields initially fell, but ended higher on the day.

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