Market Pulse

Oct 11

  IndexLast Week1-Month (Trailing)YTD
DJIA
      +0.93%
      -1.39%
      +7.47%
S&P 500
      +1.15%
      +2.29%
      +14.11%
Nasdaq
      +0.64%
      +4.24%
      +17.74%
Russell 2000
      -0.91%
      -3.91%
      +13.10%
MSCI EAFE
      -0.50%
      -2.97%
      +9.15%
MSCI EM
      +0.00%
      -2.45%
      +24.06%
Bloomberg U.S. Agg
      +0.40%
      -2.16%
      -2.48%
Bloomberg U.S. Corp HY
      +0.20%
      -2.22%
      +0.30%
Data as of: Friday, October 9, 2026

See important disclosures below.

Weekly Recap

10/05/2026 - 10/09/2026

U.S. Economy

ISM services prices reached their highest level since July 2022.

Fed officials signaled additional rate hikes amid persistent inflation.

Equity Market

S&P 500 gained 1.2%, while Nasdaq rose 0.6%.

Russell 2000 fell 0.9%, marking five consecutive weekly declines.

Bond Market

Treasury yields declined across the curve as rates stabilized.

Strong 10-year and 30-year Treasury auctions supported bond prices.

Around the Globe

French fiscal concerns drove European bond yields higher.

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Gold gained 1.3%, while oil rose 0.8%.
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The Week Ahead…

10/12/2026 - 10/16/2026

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Mon
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Rail Carloads
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Crop Progress
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Tue

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NFIB Small Business Index (Sep)
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Existing Home Sales (Sep)
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JPMorgan, Goldman Sachs, Citigroup, Wells Fargo, Johnson & Johnson earnings

Wed

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Consumer Price Index (Sep)
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Federal Reserve Beige Book
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Bank of America, Morgan Stanley, BlackRock, ASML earnings

Thu

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Producer Price Index (Sep)
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Retail Sales (Sep)
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Charles Schwab, PNC, U.S. Bancorp, TSMC, Prologis earnings

Fri

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Industrial Production (Sep)
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Import/Export Prices (Sep)
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Truist, Travelers, Citizens Financial earnings

Inflation takes center stage this week as investors await September's Consumer Price Index on Wednesday and Producer Price Index on Thursday. Retail sales, industrial production, and regional manufacturing surveys will provide additional insight into economic momentum. The Federal Reserve's Beige Book will also offer perspective on business conditions as policymakers weigh persistent inflation against growth.

Third-quarter earnings season begins with major financial institutions, including JPMorgan, Goldman Sachs, Citigroup, Wells Fargo, Bank of America, and Morgan Stanley. Results will provide an early assessment of consumer strength, lending activity, and corporate profitability. Johnson & Johnson, UnitedHealth, and BlackRock also report.

Technology remains in focus with earnings from ASML and Taiwan Semiconductor Manufacturing, alongside the Open Compute Project Global Summit and SEMICON West. Investors will be watching for evidence of sustained AI infrastructure demand, particularly as elevated valuations and financing requirements face increasing scrutiny heading into the reporting season.

-Matt Shaw, CFA

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This report and the opinions provided herein are for informational purposes only, are not a solicitation, and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security or investment. All opinions expressed herein constitute the author’s judgement as of the date of this document and are subject to change without notice. Statements made are not facts, including statements regarding trends, market conditions and the experience or expertise of author are based on current expectations, estimates, opinions and/or beliefs. Such statements are not facts and involve known and unknown risks, uncertainties and other factors. Past events and trends do not predict or guarantee or indicate future events or results. Information cited in this report has been drawn from sources believed to be reliable and was captured at a point in time. Therefore, the data is subject to change and its accuracy is not guaranteed. DJIA, S&P, Russell 2000, and NASDAQ indices are referenced directly; MSCI EAFE, MSCI EM, BB U.S. Aggregate, Bloomberg U.S. Corp. HY, and all sector figures refer to the respective ETFs as a representative figure. Ategenos Capital, LLC d/b/a AC Wealth Partners does not own or control and is not affiliated with any third-party content provided via hyperlink, quoted, or cited herein. Investors seeking more information should contact their financial advisor. Investing involves risk, including the possible loss of principal. It is not possible to invest directly in an index. Past performance does not guarantee future results. AC Wealth Partners is an investment adviser registered with the SEC. SEC registration does not imply any specific level of training or skill.

Matt Shaw