2026-10-03
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Hey listeners, it's Saturday, October 3rd.
I'm Imani Moise for The Wall Street Journal.
And this is what's news in markets.
Our look at the biggest stock moves of the week and the news that drove them.
Let's dive in.
Bonds stole the spotlight again this week as the third quarter wrapped up and the fourth began.
The 10-year Treasury yield climbed to its highest level in 24 years as investors worried
that high oil prices and a resilient economy could keep inflation hot and interest rates higher for longer.
Those forces have put pressure on stocks and started spilling into corporate America.
Companies have delayed IPOs and dealmaking has slowed.
But Friday brought some relief.
A surprisingly weak jobs report sent stocks higher,
with investors betting the Federal Reserve might not have to raise rates as aggressively.