Nonfarm payrolls report
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S&P 500 Gives Up Gains. Tech Is the Big Drag.
Barronsยท 2025-10-03 18:23
Core Viewpoint - A decline in tech stocks impacted the S&P 500, with mixed performance across major indexes [1] Group 1: Market Performance - The Nasdaq decreased by 0.3% [1] - The S&P 500 experienced a slight increase of 0.1% after briefly turning lower [1] - The Dow Jones Industrial Average rose by 316 points, or 0.7% [1] Group 2: Market Context - All three major indexes reached intraday record highs earlier in the day [1] - A record closing high is possible if the indexes finish higher [1] - The rally lacked strong drivers due to the delay of the significant nonfarm payrolls report for September caused by the government shutdown [1]