Veytics Intelligence
2026-10-02 · Yahoo

Tech stocks jump after jobs report miss, Treasury yields ease: AlphaCheck - Yahoo Finance

Good morning. Stocks jumped on Friday after the September jobs report missed expectations, with unemployment inching up to 4.2%. The weak labor report raised expectations that the Federal Reserve will keep interest rates unchanged at its policy meeting this month. The 10-year Treasury ( ^TNX ) yield, used as a benchmark for mortgages and other loans, eased to 5.18% after reaching a 2002 peak in the prior session. Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data . Tech (XLK ) stocks gained, with AI chip heavyweight Nvidia ( NVDA ) nearing a record high. Bitcoin ( BTC-USD ) rose more than 2% to above $86,000 while ether ( ETH-USD ) also jumped.

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