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Market Pulse: Essential triggers to watch ahead of the October 6 trading session
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CNBC TV18•05-10-2026, 21:12
Market Pulse: Essential triggers to watch ahead of the October 6 trading session
- •US stocks finished mixed on Monday with the Nasdaq Composite hitting a record high, driven by gains in technology shares while the Dow Jones Industrial Average dropped nearly 0.2 percent.
- •US Treasury yields rebounded slightly as the benchmark 10-year yield rose about 2 basis points to 5.298 percent and the 30-year bond yield climbed to 5.659 percent.
- •The US services sector maintained steady growth in September with the ISM services index recording a reading of 54.9, aligning closely with market expectations.
- •Crude oil prices experienced volatile trading as Saudi Arabia lowered benchmark prices for Asia amid rising geopolitical tensions and intensifying conflict involving Yemen.
- •Key upcoming economic releases include the US August trade deficit data and the final readings for the HSBC India Services and Composite PMI for September.
Key Questions Answered
US stocks traded mixed on Monday, with the Nasdaq Composite climbing over 0.7% to a record high of 27,399.81 driven by technology shares. Meanwhile, the S&P 500 advanced about 0.4%, and the Dow Jones Industrial Average slipped 87 points, or nearly 0.2%.
The Institute for Supply Management reported that the US services index registered 54.9 for September, dropping just half a point from August and closely aligning with the Dow Jones consensus estimate of 55.
Oil prices fluctuated as Saudi Arabia lowered benchmark prices for Asia, its state producer warned about low stockpiles, and fighting in Yemen intensified. Brent edged past $102 a barrel, while West Texas Intermediate hovered near $90.
