StocksMedium•1 October 2026•
1 min read
Nasdaq Opens Higher as Chip Gains Offset Surging Treasury Yields
Key Facts
1The Nasdaq Composite rose 0.45% at the open, driven by gains in the semiconductor sector.
2US Treasury yields hit multidecade highs, acting as a headwind for broader market sentiment.
The Nasdaq Composite rose 0.45% at the opening of trading on Thursday, October 1, 2026. Invezz reported that the advance was driven by gains in the semiconductor sector, which provided a lift to the tech-heavy index during the early session.
US Treasury yields hit multi-decade highs on October 1, 2026, acting as a headwind for broader market sentiment. These surging government borrowing costs, alongside persistent inflation concerns, tempered the overall gains for the S&P 500 and Nasdaq despite the positive performance in chip and consulting stocks.