Ten of Eleven Sectors Rise; Consumer Discretionary and Tech Lead
Consumer Discretionary rose 1.13% and Technology 1.01% on October 2 as ten of eleven sector ETFs advanced; Health Care was the lone decliner.
Gains were spread across nearly every part of the U.S. stock market on Friday, October 2, 2026. Ten of the eleven sector ETFs closed higher, with Consumer Discretionary and Technology in the lead and Health Care the only group to finish lower.
Consumer Discretionary (XLY) rose 1.13% to 110.04, and Technology (XLK) gained 1.01% to 199.81. Industrials (XLI) followed with a 0.78% increase to 169.95, and Materials (XLB) added 0.66% to 48.86.
A middle group posted smaller gains. Utilities (XLU) rose 0.38% to 39.83, Communication Services (XLC) added 0.35% to 110.32, Real Estate (XLRE) gained 0.32% to 40.81 and Consumer Staples (XLP) rose 0.25% to 80.53. Energy (XLE) edged up 0.19% to 62.82, and Financials (XLF) were nearly unchanged, up 0.06% at 53.49.
Health Care (XLV) slipped 0.01% to 166.18. The gap between the best and worst sector performances was 1.14 percentage points.
At the stock level, TSLA rose 4.65% and TXN gained 4.44%, the two largest advances among the 62 large-cap stocks tracked, while ACN fell 6.31%. Broader benchmarks also rose on the session: QQQ gained 1.02%, SPY added 0.74% and IWM rose 0.90%.
Headlines framed the session around the jobs report and market concentration. A WSJ headline read "U.S. Stocks Rise as Jobs Report Tempers Rate Outlook," and a separate WSJ article was titled "AI Is Squeezing Out the Rest of the Stock Market."
Data
| Sector ETF | Close | Change |
|---|---|---|
| XLY Consumer Discretionary | 110.04 | +1.13% |
| XLK Technology | 199.81 | +1.01% |
| XLI Industrials | 169.95 | +0.78% |
| XLB Materials | 48.86 | +0.66% |
| XLU Utilities | 39.83 | +0.38% |
| XLC Communication Services | 110.32 | +0.35% |
| XLRE Real Estate | 40.81 | +0.32% |
| XLP Consumer Staples | 80.53 | +0.25% |
| XLE Energy | 62.82 | +0.19% |
| XLF Financials | 53.49 | +0.06% |
| XLV Health Care | 166.18 | -0.01% |
Data: FMP. Figures are close-to-close unless stated.
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Neutral market summary for information only; not investment advice.
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