Nvidia Lifts Nasdaq to Record as Soft Jobs Data Lifts Stocks — SkimNews
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- Stocks rose across major U.S. indices on Friday, October 2, 2026, after a soft jobs report showed hiring had weakened, per CNBC, Reuters, and the dated market wrap headline
- Nvidia led the Nasdaq to an intraday record on the same session, per CNBC, while Reuters noted bonds resumed selling despite the equity rally — a split-tape signal the other headlines did not flag
Why it matters: Every outlet covering this session agrees the soft payrolls number drove the move, but Reuters alone surfaces the split tape — bonds sold off even as stocks rallied. That divergence between the equity and fixed-income responses is the only angle the dominant 'stocks-cheer-weak-data' framing buries.
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