US Open Market Report - October 2, 2026

Market Overview

On October 2, 2026, the US stock market opened positively, driven by a weak jobs report that has led to a boost in blue-chip technology stocks. The S&P 500 index is reported to be up by approximately 1.0%, indicating a strong opening on Wall Street.

Key Stock Performances

• Onsemi (ON.US): The stock is trading at $83.53, reflecting a significant increase of +4.33%.
• Western Digital (WDC.US): In contrast, Western Digital's stock has seen a decline, trading at $414.29, down by -10.20%.
• Nvidia (NVDA.US): Nvidia's stock remains stable at $233.99, showing no change.

Market Sentiment

The overall sentiment in the market appears to be optimistic, with US futures extending their morning gains. The Nasdaq index is leading the charge among major indices, reflecting strong investor confidence in technology stocks amidst the backdrop of the weak jobs report.