Wall Street closed higher on Monday as a rally in big technology names pushed the Nasdaq to a record, even as the 10-year Treasury yield climbed to a fresh 52-week high. In Europe, Spain’s IBEX 35 jumped after a snap election was called, while French stocks and the euro slid on fiscal worries.
Today’s numbers
| Market | Close | Change |
|---|---|---|
| S&P 500 | 7,774 | +0.7% |
| Nasdaq Composite | ≈27,460 (record) | ≈+1.0% |
| Dow Jones | 51,268 | +0.2% (+91 pts) |
| Euro Stoxx 50 | ≈6,236 | Little changed |
| IBEX 35 | 19,300 | +1.1% |
| DAX | ≈25,260 | Little changed |
| CAC 40 | — | ≈−0.8% to −0.9% |
| US 10-year yield | ≈5.33% | Up ~4–7 bp |
| EUR/USD | ≈$1.12 | Lower (17-month low intraday) |
| WTI crude | ≈$89.5 | ≈−1.5% to −2% |
| Brent crude | ≈$100–101 | Lower |
| US natural gas | ≈$3.03/MMBtu | Little changed |
| Gold | ≈$4,180/oz | Higher (+0.3% to +0.7%) |
| Bitcoin | ≈$85,500 | Little changed |
What moved markets
Megacap technology did the heavy lifting. Nvidia, Microsoft, Meta and Broadcom all gained roughly 1.5% to 2%, and Tesla added about 2%, helping the Nasdaq to a new closing high. Taiwan Semiconductor touched a record after Elon Musk confirmed early talks with the chipmaker on his “Terafab” project, while Intel lost around 2% to 3%. SpaceX rose more than 7% after a bullish Morgan Stanley note.
Deals drove the biggest single-stock moves. PTC soared about a third after French industrial group Schneider Electric agreed to buy the US design-software maker for $205 a share in cash, a deal valued at about $22.6 billion; Schneider’s own shares fell sharply in Paris on the cost and financing. C.H. Robinson dropped roughly 10% to 11% after announcing a $5.8 billion takeover of rival freight broker RXO, with investors focused on the extra debt and a pause in share buybacks.
On the data front, the ISM services index eased to 54.9 in September from 55.4, still firmly in expansion territory. The worry was inside the report: the prices-paid gauge rose to 74.0 from 72.6, a sign that cost pressures in services are building. Employment edged back above 50. That mix helped push long-dated Treasury yields higher, with the 10-year near 5.33%.
In Europe, Spanish Prime Minister Pedro Sánchez called a general election for November 29 after parliament rejected two housing decrees. The IBEX 35 rose 1.1%, led by banks. France was the weak spot: concerns over its debt and political gridlock kept the gap between French and German 10-year borrowing costs near 140–146 basis points, and the euro briefly hit $1.1161, its lowest since May 2025.
Energy & commodities
Oil eased after Saudi Aramco cut its November selling price for Asian buyers, though concerns about Middle East shipping routes kept Brent close to $100. US crude near $90 a barrel still means elevated pump prices for drivers. US natural gas held around $3 per million BTU, supported by strong LNG exports and cooler mid-October forecasts. With heating season approaching, households weighing their options can compare running costs in our guide to heat pump vs. furnace costs. Gold edged higher, while Bitcoin hovered in the mid-$85,000s.
What to watch tomorrow
- US trade balance (August) at 8:30 a.m. ET, with forecasts pointing to a wider deficit.
- Dallas Fed President Lorie Logan speaks in the evening, ahead of Wednesday’s Fed minutes.
- Europe: German factory orders and eurozone retail sales, plus any further moves in French bonds and the euro.
See the full schedule on our economic calendar.
Sources
- TheStreet – Stock market today, Oct. 5, 2026
- Yahoo Finance – Live markets coverage
- Trading Economics – US stock market
- ISM – September 2026 Services PMI report
- Yahoo Finance – Schneider Electric to acquire PTC
- The Motley Fool – Why C.H. Robinson stock was tumbling
- Estrategias de Inversión – Bolsa hoy, 5 Oct 2026
- Euronews – Euro hits 17-month low
- Reuters via Investing.com – Euro sinks to 17-month low
- Trading Economics – Crude oil and natural gas
- Kiplinger – This week’s economic calendar
This is general market information, not investment advice. Data may be delayed.
Written by The Daily Economy editorial team with AI assistance and checked against the sources above. Read our editorial policy.