The week of September 28 to October 4, 2026 was a soft jobs print, a G7 diesel release, and a fourth S&P down week in five. September nonfarm payrolls printed 29,000 against a consensus near 90,000. The S&P 500 closed Friday at 7,722.72, down 0.3 percent on the week from 7,743.41. West Texas Intermediate settled Friday at 91.11 dollars. Bitcoin last printed about 85,095 live on Sunday. Traditional markets are closed. Stock, gold and oil figures are Friday's closes (October 2). US cash reopens Monday. Bitcoin and Ether are live Sunday levels. See Saturday's weekly markets roundup. This is not a recommendation.

Weekly Scorecard: A Friday Repair on a Down Week

Monday closed the S&P at 7,683.69, as mapped from Monday's analysis. Tuesday's WTI high at 94.74 and Wednesday's cooler PCE wrote the middle, as covered in Wednesday's evening review. Thursday snapped a three-day slide. Friday's payrolls bounce closed the book. At Friday's cash close the S&P 500 stood at 7,722.72, up 0.7 percent on the day and down 0.3 percent on the week from 7,743.41 (Associated Press via WTOP, Reuters, FRED). Friday range 7,700.51 to 7,754.67. The August 13 record at 7,816.70 is still unrepaired. The Nasdaq Composite finished at 27,190.86, up 0.5 percent after an intraday print at 27,353.68. The Dow closed at 51,176.96, down 1.3 percent. The 10-year settled Friday at 5.28 percent (YCharts) after a Thursday tag at 5.34 percent, the highest since 2002. Those equity figures are Friday closes. US cash is shut until Monday. Catch up: Friday's analysis and Friday's evening review.

Key Takeaways: Scorecard
  • S&P 500 -0.3% on the week to a Friday close of 7,722.72, after a 0.7% Friday add
  • Nasdaq +0.5% at 27,190.86 after an intraday print at 27,353.68; Dow -1.3% at 51,176.96
  • Friday range 7,700.51-7,754.67; August 13 record 7,816.70 still unrepaired
  • All equity figures are Friday closes (October 2); cash reopens Monday

Biggest Movers of the Week

Micron did the Asia work. After Wednesday's close the memory house reported fiscal fourth-quarter revenue of 54.23 billion dollars versus about 51 billion expected, with non-GAAP EPS of 33.42 dollars versus about 31.61 and next-quarter guidance near 61.5 billion (CNBC). Japan reopened Thursday. The Nikkei 225 closed 68,956.72, up 3.3 percent, as covered in Thursday's analysis.

Thursday was Accenture's session. Fiscal fourth-quarter EPS printed 3.29 dollars versus 3.18 and revenue 18.68 billion versus 18.03 billion. Accenture closed 212.30 dollars, up 15.8 percent (CNBC). Late Thursday onsemi and Synaptics amended their June merger to an all-cash 123 dollars a share, about 5.7 billion. ON Semiconductor rose about 6 percent Friday. Synaptics jumped about 14 percent.

Friday Tesla delivered 486,532 vehicles in the third quarter versus a 461,974 consensus (Electrek). Tesla closed 374.16 dollars, up 5.7 percent. Nvidia tagged an intraday record near 237.88 dollars. Nike's Greater China revenue fell 26 percent in constant currency, and shares fell about 3.5 percent into Friday's cash close.

Key Takeaways: Movers
  • Micron revenue $54.23B; next-quarter ~$61.5B; Nikkei +3.3% Thursday
  • Accenture +15.8% Thursday to 212.30; ON Semi cash deal $5.7B; Synaptics ~+14%
  • Tesla deliveries 486,532; close $374.16 (~+5.7%); Nvidia tagged ~$237.88
  • Nike China -26%; cash about -3.5%
The seal of the U.S. Securities and Exchange Commission on a stone facade, used as the ThriveInMarkets weekend recap inline image for September 28 to October 4 2026, when the SEC on October 1 proposed crypto custody rules for advisers and funds, release IA-7023, and Bitcoin last printed about 85,095 dollars live on Sunday

Macro and Geopolitics: Payrolls at 29,000, a 5.28 Percent 10-Year, a G7 Diesel Tap

The Labor Department said employers added 29,000 jobs in September after a downwardly revised 133,000 in August (Reuters, Associated Press, BLS). Economists polled by Reuters had forecast about 90,000. July and August were revised down by a combined 60,000, with July now a 10,000 loss. The unemployment rate rose to 4.2 percent from 4.1 percent. Average hourly earnings rose 0.1 percent on the month and 3.0 percent on the year. CME FedWatch took October hike odds to about 18 to 23 percent from about 64 to 70 percent on Monday (Reuters 22.7 percent at the Friday close).

The print arrived after a cooler inflation tape. August core PCE rose 0.2 percent on the month and 3.0 percent on the year. ISM manufacturing printed 54.5, while prices paid jumped to 77.9 from 71.1. The Reserve Bank of Australia raised the cash rate 25 basis points to 4.60 percent on Tuesday. The 10-year tagged 5.34 percent Thursday, then settled Friday at 5.28 percent, up about 11 basis points from last Friday's 5.17 percent.

Friday's other hard print was oil. G7 leaders agreed to release 100 million barrels of diesel and crude from emergency reserves over four months, coordinated through the IEA, with a front-loaded diesel release inside 20 days (CBC, Nikkei/Reuters). West Texas Intermediate settled Friday at 91.11 dollars (MarketWatch CL00), down 1.4 percent from last Friday's 92.41. Session low 88.06. Tuesday's 94.74 high remains the week's oil high. Brent settled 102.25. Spot gold closed Friday about 4,143 dollars (TradingView 4,143.070; GoldPrice.com 4,140.52), down about 3.4 percent from last Friday's 4,285, a second weekly loss of more than 2 percent. Gold and oil figures are Friday closes. Those markets reopen with electronic hours Sunday evening, then a full session Monday.

Key Takeaways: Macro
  • Payrolls +29,000 vs ~90,000; jobless 4.2%; wages +0.1% / +3.0%; October hike odds about 18-23%
  • 10-year Friday 5.28% after a Thursday tag at 5.34%; RBA cash rate 4.60%; ISM prices 77.9
  • G7 100 million barrels of diesel and crude over four months; diesel front-loaded inside 20 days
  • WTI $91.11 (Friday settlement) after an $88.06 low; gold $4,143 (Friday close), about -3.4% on the week

Crypto: Bitcoin Holds $85,095 After the SEC Custody Path

Bitcoin is near 85,095 dollars live on Sunday (TradingView 85,095; CoinMarketCap about 85,020), up about 0.3 percent from last Sunday's 84,835. Friday's CoinDesk high sat near 87,177. Friday evening's about 84,355 was repaired into the weekend. Ether holds near 2,702 dollars live (TradingView 2,701.7), a fade of about 0.5 percent from last Sunday's 2,715 after a Friday high near 2,774. Those are 24/7 prints as of 09:09 UTC. Live levels sit on the ThriveInMarkets homepage.

On Thursday the SEC proposed Advisers Act and Investment Company Act rules for how registered advisers and regulated funds may custody crypto assets (SEC release IA-7023, Oct. 1). The package would allow self-custody of novel crypto assets when no qualified custodian is willing to hold them, and would add state-chartered trust companies as permitted custodians. The comment window runs 60 days after Federal Register publication. BTC bullish trigger remains a hold of 85,095 dollars, then Friday's 87,177 high. Bearish trigger: a slip through 84,355, then the 82,000 reference. These are reference points, not instructions.

Key Takeaways: Crypto
  • Bitcoin ~$85,095 (live), up ~0.3% from last Sunday, fade from a Friday high near $87,177
  • Ether ~$2,702 (live), about -0.5% from last Sunday after a Friday high near $2,774
  • SEC proposed self-custody and state-trust crypto custody for advisers and funds, 60-day comment
  • BTC bullish trigger: hold $85,095, then $87,177; bearish: a slip through $84,355

The Week Ahead: ISM Services, FOMC Minutes, China Reopens

Cash reopens Monday into a quieter calendar. Gold and oil resume electronic hours Sunday evening. Crypto still trades. China stays shut through Golden Week until Thursday. These are scenarios for next week, not instructions. The live docket is on the ThriveInMarkets calendar.

  • Monday, October 5: ISM services, consensus near 55.1 after August's 55.4. Prices paid is the live line after manufacturing prices at 77.9.
  • Wednesday, October 7: FOMC minutes from the September 15-16 meeting, drafted before this week's PCE and payrolls.
  • Thursday, October 8: China onshore trading resumes. Evernorth is slated to debut on Nasdaq as XRPN. Weekly jobless claims.
  • Friday, October 9: University of Michigan preliminary October sentiment. Next hard US inflation print: September CPI on October 14. FOMC is October 27-28.

Traders watching 7,722.72 as the cash reference. Bullish trigger: a reclaim of Friday's 7,754.67 high toward the August 13 record at 7,816.70. Bearish trigger: a slide through Friday's 7,700.51 low, then Thursday's 7,616.78. Oil key reference: Friday's 91.11 settlement; the 88.06 low; Tuesday's 94.74 high. These are observations of the price structure, not instructions.

Key Takeaways: Week Ahead
  • ISM services Monday, seen ~55.1; FOMC minutes Wednesday; China tape and XRPN Thursday
  • Michigan sentiment Friday; September CPI October 14; FOMC October 27-28
  • Oil key reference: WTI $91.11; low $88.06; Tuesday high $94.74
  • S&P bullish trigger: reclaim 7,754.67 then 7,816.70; bearish: a slide through 7,700.51

ThriveInMarkets publishes market commentary for general information only and does not provide personal investment advice. Equity, gold and WTI figures are Friday closes for October 2, 2026. Equities reopen Monday. Bitcoin and Ether are live as of 09:09 UTC on October 4, 2026. Levels cited are observations, not instructions to buy or sell any asset.