News & analysis · Stocks

New9 Oct 2026AI summaryTranslated by AI

US stocks close week higher; S&P 500 +1.2% on rate cut hopes

Impact on each asset
USD ■US dollarLimited
XAU ■GoldLimited
US ▲US stocksTailwind
SET ▲Thai stocksTailwind
BTC ■CryptoLimited

Summary

S&P 500 rose 0.59% to 7,811.54, Nasdaq gained 0.64% to 27,366.17, and Dow added 0.83% to 51,654.95. For the week, S&P 500 gained 1.2%, Nasdaq 0.6%, and Dow 0.9%.

Why it moves markets

Markets recovered from Thursday's Nasdaq loss of over 1%, its worst day since mid-August, as investors await CPI and Fed rate decisions this week. Trump's statement that the US will not attack Iran before midterms eased geopolitical tension.

Deeper view and what to watch

The White House signaled de-escalation as markets brace for September CPI on Wednesday and existing home sales, NFIB sentiment, and PPI data on Tuesday and Thursday. A hot print could signal the Fed may hold rates steady longer than expected, pressuring equities.

Sources

For education only, not investment advice. Prices and figures change constantly, so check the sources before making decisions.

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