Twenty-Nine Thousand Jobs, and a Market That Cheered

Podcast: The Circuit Brief · The Circuit Brief

Opublikowano: 2026-10-03

Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Weekend edition, October 3, 2026. The September jobs report shows just 29,000 jobs added (about 84,000 expected), unemployment up to 4.2%, and downward revisions erasing about 60,000 earlier jobs. Why markets cheered: rate-hike odds faded, the 10-year yield fell from its 2002-era high to about 5.18%, and stocks rallied (S&P 500 7,723, Dow 51,177, Nasdaq 27,191; Nasdaq 100 at a record). Brent slips below $100. Nvidia hits a record near $238 and $5.7 trillion, and why falling rates help AI chip stocks most. Plus the week in review.