US stocks close higher, led by Nasdaq after weaker-than-expected jobs data

Thunhoon·5 Oct 2026·

·Read original

3▲2 ▼3Impact / 5

Macro Price Action Corporate Action Personal Care Products

Summary · why it matters

US stock indices all closed higher, led by the Nasdaq, which finished at 27,190.86 points, up 319.27 points, or 1.19%. The Dow Jones closed at 51,176.96 points, up 250.40 points, or 0.49%, and the S&P 500 closed at 7,722.72 points, up 0.73%, after September nonfarm payrolls rose by only 29,000, below the expected 90,000, easing investor concerns that the Fed will accelerate rate hikes in the near term. NVDA rose 1.3% and TLSA surged 4.7%, helping drive the S&P 500 higher, but NKE fell 3.6% after weak revenue guidance from its China sales. Western Digital and Seagate Technology each dropped about 10% on concerns over competition in the hard disk drive business. In European markets, the STOXX Europe 600 closed at 626.65 points, down 8.24 points, or 1.30%, with major bank stocks heavily sold off after global bond yields surged amid market worries that interest rates will stay high longer than expected. The DAX closed at 24,939.35 points, down 259.84 points, or 1.03%, and the FTSE 100 fell 1.68% to a three-month low. In Asian markets this morning, the Nikkei 225 opened at 69,113.74 points, up 804.28 points, or 1.17%, while the Hang Seng remained slightly negative at 0.04%. The Shanghai Composite and KOSPI were closed for holidays. A stock to watch today is KAMART after its board approved a share buyback program of no more than 30 million shares, or no more than 2.34% of total issued shares, with buybacks to begin on October 6, 2026 and run through April 5, 2027.

Karmarts Public Company Limited ▲

Nike Inc ▼

Seagate Technology PLC ▼

Western Digital Corporation ▼

NVIDIA Corporation ▲