U.S. Markets Rise Ahead of September Jobs Report

U.S. stock futures and European indexes rose on October 2, 2026, as investors awaited the release of September nonfarm payroll data. Market participants expect the jobs report to guide the Federal Reserve System during its October meeting, noting that strong data could trigger an interest rate hike.

Major U.S. index futures gained between 0.5% and 0.8%, though Nike Inc. shares dropped 8.9% in premarket trading after the company warned that sales declines would persist. Treasury yields remained steady near multi-decade highs. In Europe, the spread between French and German 10-year yields reached its highest level since 2012, driven by concerns over the French budget.

Brent crude fell 1.1% to $101.14 a barrel as Gulf exports recovered. This price drop occurred despite the federal government of the United States deploying a third aircraft carrier and additional ships to the Gulf region.