StocksMedium•2 October 2026•
1 min read
Nasdaq Rises 1.27% Led by Tech Gains Despite Weak US Jobs Data
Key Facts
1The Nasdaq index rose 1.27% on Friday led by tech stocks despite weak employment data.
2US factory orders edged higher in August while crude oil and gold prices declined.
3Alpha Modus shares surged by 213% during the trading session.
The Nasdaq index rose 1.27% on Friday led by tech stocks despite weak employment data. Benzinga reported that US factory orders edged higher in August while crude oil and gold prices declined. Additionally, Alpha Modus shares experienced a sharp surge of 213% during the trading session.
NDAQ closed at $91.67 on October 1, 2026, having reached a day high of $92.83. In the micro-cap space, AMOD closed at $1.17 on October 1, 2026, after trading as low as $1.12 during the same session. These market movements occurred as investors weighed marginal growth in factory orders against signs of a softening labor market.