US stocks rose on Monday, October 5, with tech leading the way. The Nasdaq (a tech-heavy index) gained 1.05% to a record 27,477.31, the S&P 500 (an index of 500 large US companies) added 0.66% to 7,773.99, and the Dow (an index of 30 big companies) rose 0.18% to 51,267.90. Investors kept buying after Friday's weak jobs report lowered expectations for another Federal Reserve rate hike. Big AI-related stocks led, and Nvidia closed at a new high. Bond markets were less calm. The 10-year Treasury yield, the interest rate the US government pays to borrow for ten years, rose to about 5.3%, a new 52-week high, and longer-term yields climbed too. Oil stayed expensive, roughly $91 to $103 a barrel depending on the benchmark, after the head of Saudi Aramco warned that global stockpiles are dangerously low. Brazilian stocks jumped after the first round of its presidential election. Wall Street now awaits the minutes of the Fed's September meeting on Wednesday. Stock moves below are as of the close.
Daily Digest ·
US stocks rose on Monday, October 5, with tech leading the way.
What moved Wall Street and the PSEi, and what it means for your money, in plain language.
Today, in Two Lines
The day’s biggest story in each market.
US stocks rose on Monday, October 5, with tech leading the way.
Philippine stocks bounced back on Monday, October 5, ending a five-day losing streak.
US & PH Markets at Last Close
Where each market finished its most recent trading session before this issue went out.
US markets
| S&P 500 | 7,773.95 +0.66% |
| Dow Jones | 51,267.90 +0.18% |
| Nasdaq | 27,477.31 +1.05% |
| 10-Yr Treasury Yield | 5.31% |
Philippine markets
| PSEi | 5,743.21 +2.03% |
| USD/PHP | 62.58 -0.15% |
| BSP Rate | 5.00% |
Winners & Losers
The stocks that moved most, and why.
USUnited States
- PTC PTC Inc.+33.0%
Soared after Schneider Electric agreed to buy the industrial software maker in an all-cash deal valued at about $22.6 billion
- CHRW C.H. Robinson Worldwide-10.9%
Fell after agreeing to sell its Global Forwarding business to RXO in a deal valued at about $5.8 billion
- LEN Lennar-6.7%
Kept sliding after a short-seller report questioned its dealings with spinoff Millrose and Morgan Stanley started coverage with an Underweight rating
- MRNA Moderna+7.0%
Gained ahead of its addition to the Nasdaq-100 index on October 9
PHPhilippines
- ICT International Container Terminal Services+5.2%
Today’s Full Story
USUnited States
PHPhilippines
Philippine stocks bounced back on Monday, October 5, ending a five-day losing streak. The PSEi, the main index tracking the 30 largest listed companies, jumped 2.03% (114.18 points) to close at 5,743.21. It was a bargain-hunting rally, meaning investors bought shares that had become cheap after the recent drop, and it followed Friday's weak US jobs report and record highs on Wall Street. The services group surged 4%, led by port operator ICTSI, while banks slipped 0.07%. Trading was thin, with only P3.28 billion changing hands, and losing stocks still outnumbered gainers, 95 to 85. Foreign investors were small net buyers of P134.2 million. The peso lost nearly 9 centavos to close at P62.621 per US dollar. All eyes are on the September inflation report due Tuesday (inflation means prices rising faster). The central bank expects 6.4% to 7.4%, and economists polled expect about 6.7%, up from 6.1% in August.
US–PHHow US news affects the Philippines
Wall Street's mood helped lift Manila. Weak US hiring made traders expect the Federal Reserve to hold off on more rate hikes, and local analysts say that, plus record highs in US tech, helped the PSEi rebound on Monday. But the relief has limits. Longer-term US Treasury yields, what the US government pays to borrow, hit new 52-week highs, with the 10-year near 5.3%. When US bonds pay that much, investors worldwide tend to prefer dollars, which keeps the peso under pressure at P62.621. A weak peso and expensive oil are big reasons Philippine inflation is high, so Tuesday's September inflation report matters. If prices rose faster than expected, the BSP, the Philippine central bank, becomes more likely to raise rates again on October 22, and higher rates tend to weigh on shares. Brokers also note that the share sale of GCash operator Mynt, running October 6 to 12, may compete for investors' cash.
Sa Taglish
Ang laki ng epekto ng mood sa Wall Street sa Manila ngayon. Mahina ang US jobs report, kaya inaasahan ng mga trader na hindi na muna magtataas ng rate ang Federal Reserve, tapos record highs pa ang US tech. Yan daw ang nag-angat sa PSEi nitong Monday, sabi ng mga local analyst. Pero may limitasyon ang ginhawa. Umakyat sa bagong 52-week highs ang mga long-term US Treasury yields, o yung tubo na binabayad ng gobyerno ng America kapag nanghihiram sila, at nasa mga 5.3% na ang 10-year. Kapag ganyan kataas ang bayad, mas gusto ng mga investor ang dollars, kaya pressured pa rin ang peso sa P62.621. Mahina ang peso at mahal ang oil, kaya mataas ang inflation natin, diba? Kaya mahalaga ang September inflation report ngayong Tuesday. Kapag mas mabilis pala ang pagtaas ng presyo kaysa sa inaasahan, mas malamang na mag-hike ulit ang BSP sa October 22, at kadalasan bumabagsak ang mga stocks kapag tumataas ang rates. Dagdag pa, baka makipag-agawan sa pera ng mga investor ang share sale ng Mynt, yung may-ari ng GCash, na tatakbo mula October 6 hanggang 12.
USD/PHP
Biggest mover: Nasdaq +1.05%
What to Watch
- The Philippines' September inflation report, due Tuesday, October 6, will show whether prices rose faster than the 6.4% to 7.4% the BSP expected.
- Minutes of the Fed's September meeting arrive Wednesday and may hint at how likely another rate hike is later this year.
- The BSP meets October 22, and GCash operator Mynt's share offering runs October 6 to 12, which could draw cash away from other stocks.
Sources
The original reporting behind this issue.
US markets
- Stock Market Today (Oct. 5, 2026): S&P 500 moves higher, yields higher after ISM data
The Nasdaq set a record close on tech strength and deal news while long-dated Treasury yields hit fresh 52-week highs.
- Stock market today: Nasdaq, Nvidia post record highs as tech strength outshines bond weakness
Nvidia led the Nasdaq to a new high as the S&P 500 climbed and investors looked past elevated bond yields.
- Nasdaq closes at fresh record as tech shares rise and traders look past higher yields
The Nasdaq finished at an all-time high, with AI-linked stocks leading a broad market advance.
- Biggest stock movers Monday: PTC, CHRW, and more
PTC jumped on a large takeover offer while C.H. Robinson fell after announcing the sale of a business unit.
- Why is Moderna stock rallying today?
Moderna was confirmed to join the Nasdaq-100 index effective October 9, which creates extra demand for its shares.
- Why is Lennar stock sliding today?
Lennar shares dropped after a research firm questioned the homebuilder's financial relationship with its land-banking spinoff Millrose.
- Lennar Corporation stock faces a fresh Underweight call
Morgan Stanley began covering Lennar with an Underweight rating after a weaker third quarter.
PH markets
- PSEi snaps 5-day slide on bargain hunting
The PSEi rose 2.03% to 5,743.21 as bargain hunters bought beaten-down shares, led by port operator ICTSI, though trading stayed thin.
- Peso resets gains as PSEi gains 114 points, October 5, 2026
The peso weakened by nearly 9 centavos to P62.621 per dollar while local shares rallied to end a five-day decline.
- PSEi jumps as bargain hunters snap up index heavyweights
Services led the advance on ICTSI's surge, though losing stocks still outnumbered gainers in thin trading.
- Poll: September inflation likely rose to 6.7%
A survey of economists points to faster September inflation driven by pricier fuel and food, weather disruptions and the weak peso.
- Inflation, liquidity pressures seen steering PSEi's direction
Analysts expect pressure on Philippine shares to continue this week as inflation data and competition from the Mynt share sale draw attention.
Cross US–PH
- Stock Market Today (Oct. 5, 2026): S&P 500 moves higher, yields higher after ISM data
The Nasdaq set a record close on tech strength and deal news while long-dated Treasury yields hit fresh 52-week highs.
- PSEi snaps 5-day slide on bargain hunting
A broker credited Friday's weaker US jobs report, which cooled expectations of a hawkish Fed, for helping lift local sentiment.
- PSEi, peso pressure builds ahead of inflation
Markets awaited Tuesday's inflation report, with a hotter reading seen reinforcing expectations of another BSP rate hike on October 22.
- Poll: September inflation likely rose to 6.7%
Economists expect faster September inflation because of higher fuel and food prices and the weaker peso.
- Inflation, liquidity pressures seen steering PSEi's direction
Analysts flagged that the Mynt share offering running October 6 to 12 could compete with stocks for investor funds.
Terms to know
- Stock
- A tiny piece of ownership in a company. Buying a company's stock means you own a small part of that business.
- Stock market
- The overall marketplace where stocks are bought and sold. When we say 'the market' or show numbers like the S&P 500 or PSEi, we mean a snapshot of how stocks overall are doing that day.
- Interest rate
- The cost of borrowing money, or what you earn for saving it. When rates go up, loans get pricier, but savings can earn a bit more.
- Inflation (CPI)
- When everyday prices rise over time, so the same money buys less than before. CPI is the number used to measure it.
- Fed (Federal Reserve)
- The US central bank. It sets interest rates, which affect how expensive it is to borrow money, even here in the Philippines.
- BSP (Bangko Sentral ng Pilipinas)
- The Philippine central bank, PH's equivalent of the Fed.
- PSEi
- A single number that tracks how the Philippines' biggest company stocks are doing overall, like a report card for the PH stock market.
- bps (basis points)
- A small unit for measuring interest rate changes: 100 bps = 1%. Used because rate changes are usually tiny.
- 10-Yr Yield
- The interest rate the US government pays to borrow money long-term. When it rises, loans and mortgages tend to get pricier everywhere, not just in the US.
- USD/PHP
- How many pesos it takes to buy one US dollar.
- OFW remittances
- Money sent home by overseas Filipino workers, a key driver of peso demand.
Summaries, mover explanations, and forward-looking notes in this issue are AI-written from real market data and sourced news. Not financial advice.