ForexMedium•5 October 2026•
1 min read
Nasdaq Hits Record High as Dollar Strengthens and Yields Rise
Key Facts
1The Nasdaq Composite and Nasdaq 100 closed at record levels to start the new trading week.
2The ISM non-manufacturing PMI came in at 54.9, slightly below the estimated 55.2.
3The US dollar rose against most major currencies, while the Euro fell to 1.1217 amid French fiscal risks.
The Nasdaq Composite and Nasdaq 100 closed at record levels to start the new trading week. According to investinglive.com, technology stocks moved higher even as 10-year Treasury yields remained a hurdle for valuations by holding above the 5.30% level.
Economic data showed the ISM non-manufacturing PMI reached 54.9, slightly missing the estimated 55.2 points. In the currency markets, the Euro fell to 1.1217 amid fiscal risks in France, while NDAQ closed at $90.33 and SPGI closed at $386.27 on October 2, 2026.