Nasdaq hits new record high, US markets close in green even as US job growth undershoots expectations
CNBC-TV18 1 hr ago·3 Oct 2026, 2:57 am
U.S. equity indexes ended Friday on the upside, with the Nasdaq Composite climbing to a fresh all‑time high while the S&P 500 posted a solid gain. The broad market rally was led by technology shares, pushing the Nasdaq 100 to its highest level since its inception.
The upbeat finish came despite the latest jobs report showing weaker-than‑expected employment growth. Slower hiring reduces pressure on the Federal Reserve to tighten monetary policy further, and the news helped ease concerns about higher interest rates. At the same time, falling oil prices lifted risk appetite.
Investors will be watching the Fed’s next policy decision, upcoming employment data, and corporate earnings reports for clues on whether the market momentum can be sustained.
Key takeaways
- Category: Stocks.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
