Stock Market Today, Oct. 5: Tech Momentum Lifts Nasdaq as Treasury Yields Surge
Vaccine breakthroughs and tech talks drove individual stocks higher, while bond yields hit their highest level since 2002, today, Oct. 5, 2026.
Overview
The Nasdaq Composite (NASDAQINDEX:^IXIC) gained 1.05% to 27,477, while the S&P 500 (SNPINDEX:^GSPC) rose 0.66% to 7,774 and the Dow Jones Industrial Average (DJINDICES:^DJI) added 0.18% to 51,268 as tech optimism overshadowed elevated Treasury yields.
Gold prices gained 0.10% to $4,138.68, and the 10-Year Treasury yield rose 0.03% to 5.31%. Almost every sector gained, with industrials and communication stocks surging, while real estate slipped slightly.
Details
Vaxcyte shares soared over 30% on positive late-stage vaccine success, while Genmab gained almost 11% after announcing positive lymphoma drug data. Meanwhile, PTC climbed following reports of a $22.6 billion buyout offer. Taiwan Semiconductor Manufacturing gained as investors digested reports that it was in discussions with Elon Musk's massive Terafab chip factory.
Source
Originally published at www.fool.com.