What an index, a sector or an asset class did, and why. The default for session coverage.
Services PMIs across Spain, Ireland and Singapore beat expectations even as German factory orders and South African output weakened.
European equities rose broadly after last week's selloff, but French stocks underperformed as rising government bond yields reflected fiscal concerns.
High energy prices and worries over France's public finances pushed the common currency to its weakest level since spring last year.
The euro hit a 17-month low against the dollar as French indebtedness concerns compounded pressure from high energy prices across the bloc.
Hang Seng sank to an oversold reading near 23,876 even as Japanese shares jumped on hopes the Federal Reserve will hold off raising rates.
Asian markets rose broadly after weak US jobs data lowered expectations the Federal Reserve will raise interest rates, with Japanese shares leading gains.
Traders scaled back bets on further Federal Reserve rate hikes after a weaker-than-expected jobs report.
U.S. stock futures rose and gold rebounded from its weekly slide as weak jobs data pushed traders to pare back expectations for additional Federal Reserve rate hikes.
Midterm elections and a fresh earnings season arrive just as bond yields have been climbing, challenging a pattern investors have come to rely on.
Stocks have historically performed well in the fourth quarter, but this year that pattern faces a combined test from rising bond yields, midterm elections and incoming earnings reports.
The Treasury secretary's comments come as a separate analysis argues yields could stay elevated for structural reasons beyond the Federal Reserve's control.
Treasury Secretary Bessent said rising yields reflect a global pattern rather than a US-specific problem, pushing back on alarm over borrowing costs.
Analysts point to five separate factors that could let the Fed raise rates despite a soft September payrolls print.
Despite a weak September jobs report, several analysts argue the Federal Reserve still has room to tighten policy, citing factors beyond the headline payrolls number.
The bank's forecast implies further dollar strength against the euro through the end of 2026.
Bank of America projects the euro will fall to $1.15 against the dollar by the end of 2026, citing broader market risks.
Treasurys briefly rallied as safe-haven buyers returned after the September jobs report, before yields pushed back higher.
The September jobs report briefly revived Treasurys as a safe haven, but bond investors quickly lost their enthusiasm for the weak labor data, according to MarketWatch.
Two unrelated names — an ad-tech firm and a mortgage REIT — both touched new year lows in the same session.
Trade Desk shares touched a 52-week low of $11.85 and Armour Residential hit $13.55 during the October 2 session, each marking fresh lows for very different reasons.
Traders priced in fewer Fed rate hikes after hiring cooled more than expected, pulling yields down and lifting Wall Street at the open.
Wall Street opened higher on October 2 as a softer September payrolls report reduced expectations for further Federal Reserve rate hikes and pushed Treasury yields lower.
Evercore's upgrade of electrical-equipment maker Legrand and a Micron price-target hike show the AI buildout trade broadening into memory and power infrastructure.
Evercore upgraded Legrand on datacenter growth while cutting Siemens on margin concerns, and CLSA raised its Micron price target on a stronger memory pricing outlook, as Nvidia shares also advanced.
A fifth straight weekly rise in French yields has dragged European shares toward their worst week since April, even as German Bunds hit one-week lows.
French government bond yields climbed for a fifth consecutive week to levels last seen in 2002, pulling European equities toward their worst weekly performance since April.
A week of heavy selling pushed 10-year US yields to a 24-year high, and prices stabilized only after the sharp move.
Global bond markets steadied after a week of selling pushed 10-year US Treasury yields to their highest level since 2002.
Hong Kong shares fell 3% while the yen firmed, as investors positioned unevenly across the region before the US payrolls release.
Hong Kong stocks dropped 3% and the Japanese yen strengthened on stronger-than-expected inflation data, while the US dollar stayed muted ahead of the upcoming jobs report.
A rout in global government bonds pushed the euro lower and sent the U.S. dollar to its strongest level in 17 months.
The dollar climbed to a 17-month high on October 1 as a global bond selloff weighed heavily on the euro.
Copper's bounce to $6.578 a pound hasn't been enough to flip the metal's broader downtrend, mirroring hesitation in equities.
The S&P 500 is squeezed in a double-top range near 7,728 while copper bounced to $6.578 but remains under bearish control.
Kashkari said more increases are likely needed but was unsure about October, while Jefferson said there is no urgency to act again soon.
Minneapolis Fed President Neel Kashkari said more rate hikes are probably needed but he is unsure whether one should come this month, while Fed Vice Chair Philip Jefferson said he sees no urgency to raise rates further.
GM confirmed a sales decline for the quarter and Tesla's delivery report, due Friday, is widely expected to show a drop too.
GM's US sales fell in the third quarter and Tesla's upcoming delivery report is expected to show a similar decline.
Rising yields have inflicted the bond market's steepest quarterly drawdown in more than three decades, even as rates dipped ahead of Friday's jobs report.
U.S. Treasuries just suffered their worst quarterly performance since 1994, a stretch that has reshaped portfolio positioning heading into October.