Week in ReviewNo. 33
Week in review: S&P 500 gains 1.2% for the week
A look back at the week of October 5 across stocks, bonds, currencies and commodities — plus the economic calendar for the week ahead.
- S&P 5007,811.54▲ +1.15%
- Nasdaq27,366.17▲ +0.64%
- Dow51,654.95▲ +0.93%
- 10-yr yield5.24%▼ −4 bp
- EUR/USD$1.1206▼ −0.17%
- Gold$4,216.30▲ +1.30%
- WTI crude$91.85▲ +0.81%
- Bitcoin$82,543▼ −2.29%
Stocks
The S&P 500 rose 1.15% over the five sessions ended Friday, closing at 7,811.54. Elsewhere, the Nasdaq Composite gained 0.64%, the Dow added 0.93%, and the small-cap Russell 2000 fell 0.91%. The week's best day for the S&P 500 was Monday (+0.66%); its worst was Thursday (−0.47%). For 2026, it is up 14.1%.
Rates
The 10-year Treasury yield fell 4 basis points on the week at 5.24%. The 2-year yield declined 3 basis points to 4.80%. The gap between the two stood at 44 basis points, with the curve upward-sloping.
Currencies and commodities
The euro lost 0.17% against the dollar for the week, to $1.1206, while the dollar rose 0.37% against the yen. In commodities, WTI crude rose 0.8% to $91.85 a barrel, gold gained 1.3% to $4,216.30 an ounce, and copper climbed 2.2%. Bitcoin fell 2.3% over the seven days to $82,543.
One month at a glance
S&P 500
7,811.54
+1.8% 1 mo
Nasdaq
27,366.17
+3.6% 1 mo
10-yr
5.24%
+44 bp 1 mo
Euro
$1.1206
−3.5% 1 mo
WTI crude oil
$91.85
−1.3% 1 mo
Gold
$4,216.30
−5.0% 1 mo
The week in numbers
| Instrument | Last | Week chg | Week % | ||
|---|---|---|---|---|---|
| Stocks | |||||
| S&P 500 | 7,811.54 | +88.82 | +1.15% | ||
| Nasdaq Composite | 27,366.17 | +175.31 | +0.64% | ||
| Dow Jones Industrial Average | 51,654.95 | +477.99 | +0.93% | ||
| Russell 2000 | 2,806.98 | −25.92 | −0.91% | ||
| Cboe Volatility Index | 14.84 | −0.47 | −3.07% | ||
| Treasury yields | |||||
| 3-month Treasury bill | 4.25% | +6 bp | — | ||
| 2-year Treasury | 4.80% | −3 bp | — | ||
| 5-year Treasury | 5.02% | −4 bp | — | ||
| 10-year Treasury | 5.24% | −4 bp | — | ||
| 30-year Treasury | 5.60% | −3 bp | — | ||
| Currencies | |||||
| Euro (EUR/USD) | $1.1206 | −0.0019 | −0.17% | ||
| Japanese yen (USD/JPY) | ¥158.25 | +0.58 | +0.37% | ||
| British pound (GBP/USD) | $1.3220 | +0.0020 | +0.15% | ||
| Chinese yuan (USD/CNY) | 6.6921 | −0.0125 | −0.19% | ||
| Canadian dollar (USD/CAD) | 1.4226 | −0.0014 | −0.10% | ||
| Swiss franc (USD/CHF) | 0.8311 | +0.0044 | +0.54% | ||
| Australian dollar (AUD/USD) | $0.6981 | +0.0042 | +0.61% | ||
| Mexican peso (USD/MXN) | 18.2001 | −0.1349 | −0.74% | ||
| Commodities | |||||
| WTI crude oil | $91.85 | — | +0.81% | ||
| Brent crude oil | $104.72 | — | +2.42% | ||
| Natural gas | $3.220 | — | +6.10% | ||
| Gold | $4,216.30 | — | +1.30% | ||
| Silver | $61.05 | — | +1.05% | ||
| Copper | $6.692 | — | +2.18% | ||
| Digital assets | |||||
| Bitcoin | $82,543 | −1,935 | −2.29% | ||
Weekly changes from the prior Friday's close. Yields in percent; changes in basis points (bp). Currencies are ECB reference rates. Commodities are front-month futures settlements.
The week ahead
- Wed Oct 148:30 a.m.Real earningsBureau of Labor Statistics
- Wed Oct 148:30 a.m.Consumer Price Index (CPI)Bureau of Labor Statistics
- Thu Oct 158:30 a.m.Producer Price Index (PPI)Bureau of Labor Statistics
- Fri Oct 168:30 a.m.Import and export pricesBureau of Labor Statistics
Times are Eastern. Schedules from the BLS, BEA and Federal Reserve; see the full economic calendar.
Chart of the week
Source: ICE Data Indices via FRED.
High-yield corporate bond spread climbed to 3.15 percentage points in October 8 from 3.09 percentage points in the prior session. That is down from 3.18 percentage points a year earlier. Over the past 3 years it has ranged from 2.59 percentage points (January 2025) to 4.61 percentage points (April 2025).
What it measures. The extra yield investors demand to hold below-investment-grade corporate bonds rather than Treasuries, measured by the ICE BofA US High Yield Index option-adjusted spread.
Why it matters. Credit spreads widen when investors worry about defaults and narrow when appetite for risk is strong, making them a real-time gauge of financial stress.
Worth reading
Selected coverage from other publishers, chosen for relevance to today's markets.
- Bank earnings to shed the first light on how higher yields are affecting the economy
- We’re about to get a huge read on whether earnings can keep propping up the stock market
- Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.15%
- Why ’Net Stocks’ are down sharply this year despite Nasdaq’s gains
- The hawk Fed Chair who broke the bond market?
- Labour has got the message – developing nations suffer most from bond market turmoil | Heather Stewart
Diurna briefs are compiled from official and exchange data by our publishing system using fixed editorial rules; they describe market moves and do not speculate about causes. This is not investment advice. How we produce the Daily Brief.