Stocks Advance Monday as QQQ Leads and Ten of 11 Sectors Rise

U.S. stock benchmarks closed higher on Monday, Oct. 5, 2026. SPY rose 0.67% to 774.83, while QQQ added 0.88% to 756.20, a gain of 6.62 points. DIA gained 0.20% to 512.11, and the small-cap IWM rose 0.66% to 283.38. All changes are measured against the Oct. 2 closes.

Gains were broad at the sector level. Ten of the 11 SPDR sector funds finished higher, led by Materials (XLB), up 1.31% at 49.50, Communication Services (XLC), up 1.17%, and Energy (XLE), up 1.00%. Financials (XLF) rose 0.73% and Health Care (XLV) added 0.72%. Real Estate (XLRE) was the only decliner, slipping 0.34% to 40.67. Technology (XLK) rose 0.56%, while Industrials (XLI) posted the smallest gain at 0.09%.

Among large-cap stocks, ISRG led with a 3.71% gain to 406.48, followed by TMO, up 3.35% at 676.76, and ABT, up 2.67% at 100.10. V and MA rose 2.51% and 2.23%, respectively. On the downside, MRK fell 3.30% to 139.54 and QCOM declined 2.21% to 180.79. CRM, ACN and PFE also finished among the weakest large caps, down 2.09%, 1.94% and 1.40%.

The advance came as Treasury yields remained high. A Wall Street Journal headline read “Stocks Keep Climbing—and So Do Bond Yields,” and CNBC published a piece titled “Stocks are hitting records despite surging yields. Cramer explains why.” FRED data put the 10-year Treasury yield at 5.31% for the session.

The VIX volatility gauge stood at 15.52 at the close.

Data

Data: FMP, FRED. Figures are close-to-close unless stated.

In the news

• WSJ: Stocks Keep Climbing—and So Do Bond Yields
• CNBC: Stocks are hitting records despite surging yields. Cramer explains why