Day in review
Written Oct 1Wednesday, September 30, 2026 – the Nasdaq closed higher, while the Dow Jones Industrial Average and the S&P 500 closed lower. The U.S. Personal Consumption Expenditures (PCE) inflation report released at 8:30 a.m. ET showed core inflation at 3.0 % for August, described as much lighter than expected. Treasury yields, as reported by the Federal Reserve, moved as follows: the 3‑month rate was 4.2 % (down 5 basis points from the previous day), the 2‑year was 4.88 % (down 1 bp), the 10‑year was 5.29 % (up 3 bp), and the 30‑year was 5.64 % (up 5 bp). The 2‑s‑10‑s spread measured 0.41 percentage points.
During the session, traders reacted to the lighter‑than‑expected core PCE reading and to Micron Technology’s earnings, which posted quarterly revenue exceeding $50 billion and guidance that drew attention.
The next trading day was scheduled for Thursday, October 1, 2026.
AI-generated from this record only and gated so that every figure appears in it. Informational only — not investment advice.
Results reported that day
14 companies filed results with the SEC.
Offerings priced that day
1 final prospectus filed on Form 424B4, which covers first-time listings and follow-on offerings alike.
Filings from the SEC's EDGAR system, which is public domain.
US PCE inflation report (Fed's preferred gauge)
The Fed’s preferred gauge was released at 8:30 AM ET and showed core inflation at 3.0 % in August, much lighter than expected. U.S. equities and Treasury yields are moving as traders assess the data during market hours.
How the day unfolded
19 summaries generated that day- Pre-open outlook4:01 AM ET
Overnight, the 30‑year Treasury yield rose to its highest since 2002 before easing later in the session, while Beijing warned of retaliation if Europe curbs Chinese businesses. Today’s focus is the Fed’s preferred PCE inflation report, with Friday’s non‑farm payrolls as the next major data point.
- Midday check1:02 PM ET
The Fed's preferred gauge showed core inflation at 3.0% in August, much lighter than expected. The US market is open on Wednesday, with the session in progress. Stellantis' CEO reconfirmed 2026 guidance as the automaker's shares hit a new low. Attention now turns to Friday's US jobs report.
- Closing wrap5:01 PM ET
Stocks closed with the Nasdaq booking a gain while the Dow and S&P 500 fell. The Fed's preferred inflation gauge, core PCE, came in at 3.0% for August, much lighter than expected, giving investors an encouraging read on prices. Micron's blowout earnings and strong guidance also drew attention, with quarterly revenue crossing $50 billion for the first time. Treasury yields posted their biggest quarterly jump in decades as the bond rout intensified. Investors now look to Friday's US jobs report.
Show the original generated text
Stocks closed with the Nasdaq booking a gain but the Dow and S&P 500 falling. Micron's blowout earnings and strong guidance helped drive the market, as the company reported quarterly revenue crossing $50B for the first time. The Treasury yields' biggest quarterly jump in decades also drew attention. Investors now look to Friday's US jobs report.
AI-generated as the day ran, from the data of each moment; corrections keep the original one click away. Informational only — not investment advice.
Scheduled and released
- US PCE inflation report (Fed's preferred gauge) — released; no reading captured
Headlines of the day
- 4:01 AM ETNvidia’s historic buyback announcement underscores a sharp divide in Big Tech — MarketWatch
- 4:01 AM ETMicrosoft’s stock is on track to post its biggest quarterly gain in 28 years — MarketWatch
- 4:01 AM ETU.S. stocks end down, but off lows, as Fed's Williams says rate hikes can wait — MarketWatch
- 4:01 AM ETPressure on U.S. Treasurys eases after 30-year yield hits highest level since 2002 — CNBC
- 4:01 AM ETBeijing warns of retaliation if Europe imposes curbs on Chinese businesses — CNBC
- 4:01 AM ETHedge funds hold a record share of the $30 trillion Treasury market. What could go wrong? — CNBC World
- 4:31 AM ET30-year Treasury bond yield scales to highest level since 2002 — CNBC
- 4:31 AM ETBoeing rises 3% after securing U.S. navy deal to develop next-generation fighter jet — CNBC World
- 8:01 AM ETBoeing was at risk of losing all fighter-jet production altogether. Now the stock is up on a new Navy contract. — MarketWatch
- 8:01 AM ETTrump denies offering Iran sanctions relief; Tehran receives U.S. proposal following Qatar talks — CNBC
- 8:01 AM ETOne group of funds is holding up the stock market. Barclays says oil prices have to fall to drive a year-end rally. — MarketWatch
- 8:01 AM ETEconomic calendar: ADP employment report, manufacturing data coming up — MarketWatch
- 8:32 AM ETOpenAI launches rival to Meta’s Muse, as battle over AI agents kicks into gear — MarketWatch
- 8:32 AM ETMeta is pitching a bold new identity — and the payoff could be big — MarketWatch
- 9:04 AM ETFed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected — CNBC
- 9:04 AM ETPrivate sector jobs rose by 90,000 in September, better than expected, ADP reports — CNBC
- 9:04 AM ETInflation rises again, keeping pressure on Fed — MarketWatch
- 9:04 AM ETNasdaq bounces into green in final hour of trading as stocks pare losses — live — MarketWatch
- 10:02 AM ETMajor car rivals are teaming up to solve the biggest EV roadblock: Reliable charging — MarketWatch
- 10:32 AM ETEli Lilly says closely watched combo obesity regimen boosts weight loss in mid-stage trial — CNBC
- 10:32 AM ETTrump's latest global tariffs face trade court challenge — CNBC
- 11:02 AM ETStellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker's shares hit new low — CNBC
- 1:02 PM ETDow opens higher after back-to-back declines as traders digest inflation data — MarketWatch
- 1:31 PM ETFTC is investigating OpenAI, Anthropic and other AI companies over product risks — CNBC World
- 2:31 PM ETCrude oil exports through the Strait of Hormuz hit prewar levels, but fuel shipments remain constrained — CNBC World
- 3:02 PM ETThe U.S. economy is defying gravity. Here’s all the good news. — MarketWatch
- 3:02 PM ETDeutsche Bank CEO warns Germany’s political shift is troubling foreign investors — CNBC World
- 3:31 PM ETNasdaq and S&P 500 climbing in final hour as tech stocks jump; Dow lags — live — MarketWatch
- 4:02 PM ETU.S. bond yields post biggest jump in a generation as global rout rattles investors — MarketWatch
- 4:02 PM ETParamount’s mega debt sale shows higher bond yields are squeezing corporations — MarketWatch
- 4:32 PM ETMicron beats on earnings and issues strong guidance as global memory shortage continues — CNBC
- 4:32 PM ETGoogle rolls out Gemini 4 Argon, its most advanced AI model — CNBC World
- 4:32 PM ETMeta stock enjoys best month since 2022 on AI momentum — CNBC
- 5:01 PM ETTreasury yields post biggest quarterly jump in decades as bond rout intensifies — MarketWatch
- 5:01 PM ETStocks swoon into closing bell, as Nasdaq books gain but Dow and S&P 500 fall — MarketWatch
Where the week stood at the close
6:11 PM ETMonday saw the Dow, S&P 500 and Nasdaq 100 all close lower as the 10-year Treasury yield rose above 5.2%. Tuesday ended with U.S. stocks down after the Fed's Williams said rate hikes could wait, while Microsoft logged its biggest quarterly gain in 28 years and Nvidia's buyback highlighted a split in big-tech sentiment. Wednesday, the Nasdaq closed higher while the Dow and S&P 500 fell; the Fed's preferred inflation gauge, core PCE, came in lighter than expected at 3.0% for August, Micron's earnings drew attention, and Treasury yields posted their biggest quarterly jump in decades as the bond rout intensified. Thursday has no major scheduled event; Friday brings the US jobs report.
AI-generated at that day's close, from the week's data to that point. Informational only — not investment advice.