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News 2026-10-02 14:40 UTC

QUICK SPARK: Nasdaq 100 Rallies to All-Time Highs as Fed Hike Bets Cool

A cooler-than-expected jobs report just handed tech stocks a record. The Nasdaq 100 — tracked by the Invesco QQQ Trust (NASDAQ: QQQ ) — rose 1.3% to about 30,957 points by 10:16 a.m. ET on Friday, above its Sept. 22 record close of 30,732.40. The tech-heavy index is now up 22.4% in 2026. The U.S. economy added just 29,