Asia — Nikkei back near 70,000, Taiwan +2.4%; euro at a…

Asia — Nikkei back near 70,000, Taiwan +2.4%; euro at a 17-month low, US futures slightly lower

Friday's jobs report was weak — only 29,000 new jobs in September — and the market read it as one less reason for the Fed to raise rates again. US stocks closed the week higher: the S&P 500 fund SPY +0.74%, the Nasdaq-100 fund QQQ +1.02%, small caps +0.90%. Chips led again, with the semiconductor fund SMH up 2.1%.

The Morning 10

Asia — Nikkei back near 70,000, Taiwan +2.4%; euro at a 17-month low, US futures slightly lower

1 Services survey at 16:00 CEST — ISM services expected at 55.1 after 55.4; Fed minutes on Wednesday
2 Japan — Nikkei +2.0% to 69,707, above 70,000 in the morning; Tokyo Electron +5.0%, Advantest +3.6%, SoftBank +2.3%
3 Taiwan +2.4% to 49,643 — TSMC +2.6% to NT$2,565, Hon Hai +1.2%
4 The rest of Asia is quiet — Korea and mainland China closed, Hong Kong flat, Australia flat
5 Euro — down 0.6% to 1.1189, low of 1.1161, the weakest since May 2025; Spain early-election reports
6 Dollar firm — dollar index +0.4% to 102.35, yen at 158.05
7 US futures mildly lower — S&P 500 −0.1%, Nasdaq-100 flat, Dow and Russell 2000 −0.2% after Friday's gains
8 Print Record: Micron and Jabil graded at today's close — Micron +0.9% (no move), Jabil +6.1% (bought)
9 Chips over software again — SMH +2.1% on Friday, software fund IGV +0.2%
10 Oil −1.3% to $89.92, gold flat at $4,167, bitcoin −1.2% to $85,488

The full Morning 10 →

On the tape

The permanent record of one trading day on Closelooknet — an investment research diary, not advice. Today's live view is the homepage.