Stocks Rise After Jobs Report; QQQ Gains 1.02%, TSLA Up 4.65%
All four index ETFs rose on October 2 as QQQ gained 1.02% and ten of eleven sectors advanced; TSLA and TXN led large caps while ACN fell 6.31%.
U.S. stocks closed higher on Friday, October 2, 2026, the day the September employment report was released. The Nasdaq-100 fund QQQ gained 1.02% to 749.58, the small-cap IWM rose 0.90% to 281.52, SPY, which tracks the S&P 500, added 0.74% to 769.64 and the Dow-tracking DIA climbed 0.49% to 511.10.
The advance was broad. Ten of the eleven sector ETFs finished higher, led by Consumer Discretionary (XLY), up 1.13% at 110.04, and Technology (XLK), up 1.01% at 199.81. Industrials (XLI) gained 0.78% and Materials (XLB) added 0.66%. Health Care (XLV) was the only decliner, essentially flat at 166.18.
Among the 62 large-cap stocks tracked, TSLA rose 4.65% to 370.59 and TXN gained 4.44% to 293.80. AVGO added 3.35% to 355.14, CSCO rose 3.16% and ORCL gained 3.06% to 142.30. ACN fell 6.31% to 198.90, the largest decline in the group. NOW lost 2.45%, ISRG fell 2.32%, ADBE declined 1.49% and IBM slipped 1.32%.
Several headlines tied the gains to the jobs data. A WSJ headline read "U.S. Stocks Rise as Jobs Report Tempers Rate Outlook," another WSJ headline said "Nasdaq Leads Stocks Higher as Hiring Softens," and a third WSJ item was titled "The Underwhelming Jobs Data That Sparked a Stock Rally." Barron's closing column ran under the title "Review & Preview: Jobs Jolt."
The VIX stood at 15.31, according to FRED data, and the 10-year Treasury yield was 5.28%.
Data
| Instrument | Close | Change |
|---|---|---|
| SPY | 769.64 | +0.74% |
| QQQ | 749.58 | +1.02% |
| DIA | 511.10 | +0.49% |
| IWM | 281.52 | +0.90% |
| XLY | 110.04 | +1.13% |
| XLV | 166.18 | -0.01% |
Data: FMP, FRED. Figures are close-to-close unless stated.
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Neutral market summary for information only; not investment advice.
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