Mon 5 Oct 2026

The S&P 500 closed up 0.73 percent and the Nasdaq 100 gained 1.01 percent. The Dow rose 0.48 percent and the Russell 2000 added 0.86 percent. Premarket moves are small: the S&P 500 is down 0.04 percent, the Nasdaq 100 down 0.11 percent, and the Russell 2000 up 0.23 percent. Dow premarket prices are not in yet. The structure score for the S&P 500 is 81, labeled Bullish. That means the index sits in an uptrend on both short and medium timeframes and near the upper part of its recent range, a supportive backdrop for today even with the flat open.

The main market story is Iran keeping conditions to reopen the Strait of Hormuz, with futures slipping on the news. Separately, one analyst notes S&P 500 optimism is at its highest recorded level, which he says leaves less room for upside. Among companies, Michael Burry flagged Oracle's $664 billion backlog and AI spending, saying the customer is now the lender. Nvidia's $20 billion licensing deal with Groq faces a lawsuit from engineers, per the Financial Times.

There are no economic releases today. Earnings include Aehr Test Systems, Netcapital, and Maison Solutions.