Story

Technology Stocks Rally on Declining Breadth

On The Edge (Monthly)

Surging bond yields, rising oil prices and a Fed interest rate hike contributed to a mixed-to-lower month for the major averages. The technical condition of the market remains mixed as the period came to a close. Despite record highs from the NASDAQ and NDX 100, underlying breadth remains extremely weak. Fresh record highs in the tech heavy indexes were accompanied by more new 52-lows than new highs, a divergence that has occurred only twice before in market history...

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Market Recap - 10/02/2026

Index Close Day Change Day % Change YTD % Change
NASDAQ COMPOSITE 27190.86 319.26 1.19% 16.99%
DJ UTILITIES 1018.02 4.93 0.49% -4.69%
DJ TRANSPORT 20009.75 405.24 2.07% 15.28%
DJ INDUSTRIALS 51176.96 250.4 0.49% 6.48%
NYSE COMPOSITE 23654.31 127.47 0.54% 7.5%
S & P 100 INDEX 3854.68 32.73 0.86% 12.3%
RUSSELL 2000 2832.9 26.27 0.94% 14.14%
S&P 500 7722.72 56.27 0.73% 12.81%
CBOE MKT VOLATILITY 15.31 -1.08 -6.59% 2.41%
AMEX COMPOSITE 8303.18 83.5 1.02% 20.92%
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