Nasdaq Jumps 140 Points to 27,331 as Dow Slips 189; Bond Yields at 5.30% and Oil Above $100 Keep Wall Street Mixed

Mumbai, Oct 5: US stock markets opened mixed on Monday as technology shares supported the Nasdaq Composite while the Dow Jones Industrial Average moved lower and the S&P 500 edged higher. At 9:40:33 AM EDT, the Nasdaq Composite stood at 27,331.33, up 140.47 points or 0.52%, while the S&P 500 was at 7,734.09, up 11.37 points or 0.15%. The Dow Jones Industrial Average was at 50,987.55, down 189.41 points or 0.37%. 

The opening session came as traders assessed elevated US Treasury yields, firm oil prices, uncertainty across parts of Europe and the economic data due through the week. The benchmark 10-year US Treasury yield was around 5.30%, while Brent crude remained above $100 a barrel. Markets were also preparing for the release of the Federal Reserve’s September meeting minutes later in the week. 

The Nasdaq had opened at 27,225.93, compared with its previous close of 27,190.86, and moved between 27,223.49 and 27,332.35. Trading volume stood at 853,557,064. The S&P 500 opened at 7,730.86, against a previous close of 7,722.72, with an intraday range of 7,727.59 to 7,739.11 and volume of 185,832,103. The Dow opened at 51,199.25, compared with its previous close of 51,176.96, and traded between 50,982.14 and 51,199.25, with volume at 39,434,947. 

Nasdaq Gains 0.52% as Microsoft and Nvidia Advance 

The Nasdaq Composite led the three major US benchmarks in the opening session, rising 0.52% to 27,331.33 as several large technology companies traded higher. Microsoft rose 2.16%, Nvidia gained 1.00%, Meta Platforms advanced 1.06%, Palantir Technologies increased 1.75%, and Apple added 0.47%. 

Other technology and semiconductor stocks also recorded gains. Cadence Design Systems rose 1.97%, Synopsys gained 2.93%, Adobe increased 1.27%, Intuit advanced 2.32%, and Marvell Technology fell 0.84%. Broadcom gained 0.31%, Applied Materials rose 0.38%, and Lam Research increased 0.32%. 

The wider Nasdaq 100 group was mixed, however, with several chip stocks under pressure. Micron Technology declined 1.18%, Advanced Micro Devices fell 1.09%, ASML Holding declined 0.70%, and Intel dropped 2.50%. Arm Holdings was down 0.68%, while Texas Instruments declined 0.74% and Qualcomm slipped 0.32%. 

Outside the largest technology companies, Shopify rose 4.28%, Seagate Technology advanced 4.80%, and Western Digital gained 6.43%. The movement in Western Digital and Seagate came despite separate reports that their shares had faced pressure in premarket trading following Toshiba’s plans to increase hard-disk-drive capacity for artificial-intelligence data centres. 

The Nasdaq’s opening level remained close to its stated 52-week high of 27,353.68, while its 52-week low was 20,690.25. The index’s average volume was listed at 8,048,351,250. 

Dow Falls 0.37% as Industrial Stocks Weigh 

The Dow Jones Industrial Average fell 189.41 points, or 0.37%, to 50,987.55 during the opening session, with declines across several industrial, healthcare, consumer and financial constituents offsetting gains in major technology names. 

Nike declined 2.02%, Merck fell 1.88%, Caterpillar dropped 1.50%, and Boeing declined 1.07%. Chevron was down 1.20%, while Goldman Sachs declined 0.96%. Johnson & Johnson fell 0.73%, American Express declined 0.25%, and Visa slipped 0.14%. 

The Dow’s technology components provided some support. Microsoft gained 2.24%, Nvidia rose 1.20%, Apple advanced 0.50%, and Amazon added 0.10%. UnitedHealth Group was up 0.10%, while JPMorgan Chase fell 0.21% and Walmart declined 0.39%. 

The index opened at 51,199.25, matching its session high in the supplied opening data before moving down to 50,982.14. Its previous close was 51,176.96. The Dow’s 52-week range was listed at 45,057.28 to 54,744.33, while average volume stood at 458,365,937. 

The mixed performance across Dow constituents left the index lower even as technology-heavy benchmarks remained positive. Consumer companies were also uneven, with Coca-Cola down 0.30%, Procter & Gamble down 0.05%, PepsiCo down 0.64%, McDonald’s down 0.09% and Costco up 0.27%. 

Also Read: What Is the New York Stock Exchange (NYSE)?  

S&P 500 Adds 0.15% as Sectors Trade Mixed 

The S&P 500 rose 11.37 points, or 0.15%, to 7,734.09 in the opening session. The index opened at 7,730.86, after ending the previous session at 7,722.72, and moved within a range of 7,727.59 to 7,739.11. 

Large technology stocks provided support, with Microsoft gaining 2.24%, Nvidia rising 1.20%, Meta Platforms adding 1.07%, Oracle advancing 1.85% and Adobe increasing 1.27%. Apple rose 0.50%, while Amazon gained 0.10% and Alphabet’s Class A and Class C shares each added 0.09%. 

The semiconductor group remained uneven. Broadcom advanced 0.56%, Western Digital rose 5.55%, Seagate gained 4.80%, and Applied Materials added 0.12%. At the same time, Micron declined 1.00%, AMD fell 1.25%, Intel declined 2.11%, and KLA Corporation dropped 1.18%. 

The healthcare sector also recorded contrasting movements. Eli Lilly gained 1.19%, Thermo Fisher Scientific rose 0.23%, Abbott Laboratories added 0.09%, and Intuitive Surgical increased 0.26%. Merck fell 1.88%, Bristol Myers Squibb declined 2.35%, Pfizer dropped 1.21%, and Amgen declined 0.73%. 

Energy stocks were also lower in the index, with Exxon Mobil declining 0.96%, Chevron falling 1.20%, and ConocoPhillips slipping 0.76%. Refiners Marathon Petroleum and Valero Energy moved higher by 0.60% and 0.37%, respectively. 

The S&P 500 remained below its listed 52-week high of 7,816.70, while its 52-week low was 6,316.91. Average volume was listed at 5,006,410,000, compared with the opening-session volume of 185,832,103 in the supplied market data. 

Treasury Yield Reaches 5.30% as Rate Concerns Persist 

US equities opened as the Treasury market remained a key focus, with the benchmark 10-year Treasury yield at around 5.30%, up roughly 2 basis points. The 30-year Treasury yield rose 3 basis points to 5.663%. Both yields have reached multi-year highs in recent weeks as concerns about inflation, government borrowing and the amount of debt issuance have increased. 

The rise in yields followed a week in which Treasury markets remained under pressure. Investors were also assessing whether weaker labour-market data could influence expectations around Federal Reserve policy. The US economy added only 29,000 jobs in September, according to the supplied market report, well below expectations, while earlier months were revised lower. 

The weaker employment figures reduced expectations of another Federal Reserve rate increase this month. Traders were reported to be pricing an 80% probability that the central bank would leave interest rates unchanged this month, although markets continued to largely price in a December rate increase. 

The Federal Reserve had raised its overnight interest rate by 0.25 percentage point last month. The minutes of that September meeting are due on Wednesday, giving markets another official account of the discussion behind the decision. 

The opening session therefore came with two contrasting economic signals already in focus: weaker employment data and cooler wage growth on one side, and persistent inflation and borrowing-cost concerns on the other. 

Oil Holds Above $100 As Markets Watch Inflation Risks 

Oil prices remained elevated as US markets opened. Brent crude futures were trading at $101.68 a barrel, down 0.6%, while West Texas Intermediate crude stood at $89.60 a barrel, down about 1.6%. 

Brent had remained above $100 a barrel, keeping energy prices among the factors being monitored alongside Treasury yields. The supplied market reports linked the elevated oil price with wider concerns surrounding inflation and the potential effect of higher energy costs on monetary policy. 

The combination of high government bond yields and elevated oil prices formed an important part of the market backdrop on Monday. The benchmark 10-year Treasury yield was around 5.28% to 5.30% in the different opening updates supplied, while the 30-year yield remained above 5.66%. 

The broader market had entered the week following a rally on Friday. That move followed the weaker-than-expected US jobs report, which reduced concerns about another immediate Federal Reserve rate increase. Monday’s opening, however, showed that higher borrowing costs remained a central issue for the major benchmarks. 

ISM Services Data Sets Monday’s Next Market Focus 

The economic calendar was relatively light at the start of the week, but the latest services activity data was due to provide a fresh reading on the US economy. 

The Institute for Supply Management’s services activity report for September was scheduled for release later on Monday. The data was being watched alongside recent manufacturing readings, which had indicated continued factory activity but also stronger price pressures. 

Separate data cited in the supplied market material showed US average hourly earnings rising 0.1% in September and increasing 3% year on year. At the same time, the ISM Manufacturing Purchasing Managers’ Index was 54.5, while the separate S&P Global manufacturing gauge stood at 55.9. 

These readings placed economic growth, wage increases and price pressures among the central themes for the opening week of October. The next few sessions were also scheduled to bring additional economic and Federal Reserve updates. 

On Tuesday, the US Balance of Trade, Exports and Imports data is due to provide another indication of external demand and trade activity. Federal Reserve officials Williams, Bowman and Logan are also scheduled to speak, while Wednesday will bring the Initial Jobless Claims, the MBA 30-Year Mortgage Rate and the Federal Reserve’s September meeting minutes. 

The sequence of releases gives the week a focus on economic activity, labour conditions, housing costs and monetary policy rather than a heavy earnings schedule at the opening. 

Also Read: How to invest in US stocks

Earnings Calendar Builds Towards Mid-October Results 

The corporate earnings calendar was relatively quiet on Monday, with the next major company-specific developments expected from Levi Strauss, Applied Digital, PepsiCo and Delta Air Lines. 

Levi Strauss was due to report its quarterly results later in the week, followed by results from Applied Digital, PepsiCo and Delta Air Lines. The broader third-quarter earnings season is expected to begin in earnest in mid-October. 

The opening session therefore arrived before the main flow of quarterly corporate results. The supplied market report noted that the broader market had remained resilient despite elevated bond yields, geopolitical developments and higher oil prices. 

The S&P 500 was described as remaining about 1% below its August record in the supplied opening report. Global equities were also described as being about 12% higher year to date, while uncertainty remained around whether equity fundamentals would continue to withstand the wider macroeconomic pressures. 

The information supplied also noted that October has historically been associated with volatility, although its average return has been positive. Based on the cited 30-year data, October recorded positive returns in 19 of the past 30 years, giving it a 63% win rate. Its historical average return was listed at 1.9%, tied with November and July. September had ended down 0.45%. 

PTC Jumps 34.99% After $22.6 Billion Acquisition 

PTC was among the biggest individual movers in the opening market, with its shares rising 34.99% to $194.43, after Schneider Electric agreed to acquire the US software company in an all-cash transaction. 

The deal values PTC’s equity at approximately $22.6 billion. Schneider Electric agreed to pay $205 per share, representing a 42% premium to PTC’s previous closing price. The transaction is expected to close by the third quarter of 2027. 

PTC’s shares had a listed 52-week range of $108.50 to $206.82. The stock’s market capitalisation stood at approximately $21.102 billion, while its trailing price-to-earnings ratio was 13.96. 

Schneider Electric’s shares, meanwhile, declined in early European trading after the transaction was announced. The supplied reports described the acquisition as the company’s largest deal to date. 

Vaxcyte Leads Gainers with a 51.14% Jump 

Vaxcyte was the strongest gainer in the supplied US stock market list, with shares rising $28.91, or 51.14%, to $85.39. Trading volume reached 3.980 million shares, compared with average three-month volume of 1.155 million. 

PTC followed with a 34.99% increase, while XP rose 29.30% to $27.80. RXO advanced 24.25%, StoneCo gained 23.35%, and Inter & Co increased 21.17%. 

PagSeguro Digital rose 20.79%, Banco do Brasil increased 18.36%, Alvotech gained 17.71%, and Itaú Unibanco climbed 17.11%. SABESP rose 15.99%, while Nu Holdings gained 12.17%. 

Petrobras also featured among the major gainers, with its American-listed shares rising 11.02% to $21.76 and its other listed line increasing 9.95% to $23.81. Telefônica Brasil rose 10.75%, while Companhia Paranaense de Energia gained 11.16%. 

Among technology and software companies, Bentley Systems gained 9.77%, Cerebras Systems increased 8.62%, MercadoLibre rose 8.28%, DLocal added 7.46%, Procore Technologies increased 6.58%, and Western Digital advanced 6.49%. 

Cerebras’ rise followed comments from OpenAI chief executive Sam Altman describing the chipmaker as a close partner and referring to the companies’ engagement on high-speed computing. Cerebras had faced pressure since mid-August following disappointing earnings and guidance. 

Also Read: US Stock Market Timings 

Sphere Entertainment Falls 9.76% Among Biggest Decliners 

Sphere Entertainment was among the largest decliners in the supplied market list, falling $12.50, or 9.76%, to $115.70. Its trading volume stood at 370,407 shares, compared with average three-month volume of 656,237. 

United Microelectronics fell 9.63% to $23.75, while C.H. Robinson Worldwide declined 8.75% to $143.92. Liquidia Corporation dropped 8.05% to $26.33, and Millrose Properties declined 7.70% to $22.00. 

ChipMOS Technologies fell 5.67%, Applied Aerospace & Defense declined 5.23%, and Group 1 Automotive dropped 5.20%. Insmed fell 5.06%, while Cenovus Energy declined 4.89%. 

Brinker International fell 4.81%, Hut 8 declined 4.41%, Chipotle Mexican Grill dropped 3.89%, and GlobalFoundries declined 5.07%. Enphase Energy fell 4.15%, CleanSpark dropped 4.16%, and Vishay Intertechnology declined 3.73%. 

Lennar declined 3.59%, AutoNation fell 3.19%, and Ferrovial dropped 4.27%. Aehr Test Systems declined 4.02%, while Accelevation Holdings fell 3.18%. 

The weakness extended across several technology, industrial, energy and consumer companies, reflecting the mixed nature of the broader opening session rather than a uniform movement across sectors. 

Russell 2000 Gains 0.94% In Latest Supplied Data 

The Russell 2000 Index was listed at 2,832.89, up 26.27 points or 0.94%, although the supplied data was timestamped 2 October at 4:30:15 PM EDT, rather than Monday’s opening session. 

The index had a previous close of 2,806.62 and an opening level of 2,825.23, with a day’s range of 2,825.23 to 2,852.50. Its 52-week range was listed at 2,303.46 to 3,069.71. 

Among the largest listed Russell 2000 gainers, RXO rose 23.03%, Vaxcyte increased 54.45%, and DLocal gained 6.00%. Other notable advances included Zeta Global at 4.21%, TTAN at 3.73%, ONDS at 3.67%, ANF at 3.61%, and TWST at 3.43%. 

On the declining side, CRDO fell 3.97%, Vishay Intertechnology declined 3.83%, HUT dropped 3.55%, CIFR fell 3.37%, and EAT declined 4.17%. The supplied Russell 2000 data also showed a range of movements across technology, healthcare, financial services, energy, real estate, industrial and consumer companies. 

US stocks opened mixed on 5 October 2026, with the Nasdaq Composite up 0.52%, the S&P 500 up 0.15% and the Dow down 0.37%. Treasury yields near 5.30%, Brent crude above $100, upcoming economic data and Federal Reserve minutes remained key developments during the opening session. 

Source 

• https://www.nasdaq.com/ 

• spglobal.com/spdji/en/indices/equity/sp-500/ 

• https://www.dowjones.com/ 

• https://www.spglobal.com/spdji/en/indices/equity/dow-jones-industrial-average/ 

• https://www.spglobal.com/spdji/en/indices/equity/sp-500/ 

• https://www.nasdaq.com/market-activity/index/comp 

• https://www.nasdaq.com/market-activity/quotes/nasdaq-ndx-index 

• https://www.spglobal.com/spdji/en/indices/equity/sp-100/ 

• https://www.lseg.com/en/ftse-russell/indices/russell-us 

• https://www.nyse.com/index 

• https://www.nyse.com/index 

• https://www.spglobal.com/spdji/en/indices/equity/dow-jones-transportation-average/ 

• https://www.spglobal.com/spdji/en/indices/equity/dow-jones-utility-average/ 

• https://www.spglobal.com/spdji/en/indices/equity/dow-jones-composite-average/ 

• https://www.nasdaq.com/market-activity/index/sox 

• https://www.cboe.com/tradable_products/vix/