Geopolitics Alpha

Dollar Retreats and Gold Jumps on a Weak US Payroll Report

Published . Updated .

The dollar index (DXY00 ) is down by -0.32% today. A weaker-than-expected US Sep payroll report is weighing on the dollar today. Both non-farm payrolls and average hourly earnings rose less than expected, reducing the chance of a Fed rate hike later this month. Today’s -4% plunge in WTI crude...

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond

    Treasury bonds move when yields change

  • SHY iShares 1-3 Year Treasury Bond

    Short-term bonds move when the Fed changes rates

  • SPY SPDR S&P 500

    Stocks move when the Fed changes the rate path

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • CVX Chevron

    Oil producers earn more when crude prices rise

  • JPM JPMorgan Chase

    Bank profits move with lending and interest rates

  • BAC Bank of America

    Bank profits move with lending and interest rates

  • GS Goldman Sachs

    Bank profits move with lending and interest rates

  • XLF Financial Select Sector SPDR

    A fund of financial companies

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT———————
IEF———————
SHY———————
SPY———————
XOM———————
CVX———————
JPM———————
BAC———————
GS———————
XLF———————

The dollar index (DXY00 ) is down by -0.32% today. A weaker-than-expected US Sep payroll report is weighing on the dollar today. Both non-farm payrolls and average hourly earnings rose less than expected, reducing the chance of a Fed rate…

Source: Nasdaq Markets

Select Sector Spdr Tr (XLE) since “Dollar Retreats and Gold Jumps on a Weak US Payroll Report,” compared with the market

Since the first closing price after “Dollar Retreats and Gold Jumps on a Weak US Payroll Report,” Select Sector Spdr Tr (XLE) is +6.89%. The S&P 500 fund (SPY) is -1.08% over the same days, a +7.97% difference versus the market.

XLE
SPY
XLE

Disclosure records for Select Sector Spdr Tr (XLE) within two months of 2 Oct 2026

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Companies in energy around Select Sector Spdr Tr (XLE)

Companies tied to this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence in the 2 Oct 2026 story “Dollar Retreats and Gold Jumps on a Weak US Payroll Report.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf

    For “Dollar Retreats and Gold Jumps on a Weak US Payroll Report,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • USO United States Oil Fund

    For “Dollar Retreats and Gold Jumps on a Weak US Payroll Report,” United States Oil Fund (USO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • BNO United States Brent Oil Fund

    United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 2 Oct 2026 story “Dollar Retreats and Gold Jumps on a Weak US Payroll Report.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • AEIS Advanced Energy Industries

    For “Dollar Retreats and Gold Jumps on a Weak US Payroll Report,” Advanced Energy Industries (AEIS) is linked, with no stored direction, medium confidence. Reason on file: GA selected AEIS as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AMPY Amplify Energy

    For “Dollar Retreats and Gold Jumps on a Weak US Payroll Report,” Amplify Energy (AMPY) is linked, with no stored direction, medium confidence. Reason on file: GA selected AMPY as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ATO Atmos Energy

    Atmos Energy (ATO) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Dollar Retreats and Gold Jumps on a Weak US Payroll Report.” Reason on file: GA selected ATO as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BE Bloom Energy

    In “Dollar Retreats and Gold Jumps on a Weak US Payroll Report,” Bloom Energy (BE) is linked, with no stored direction, medium confidence. Reason on file: GA selected BE as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

How energy news reaches Select Sector Spdr Tr (XLE)

The 2 Oct 2026 story “Dollar Retreats and Gold Jumps on a Weak US Payroll Report” names Select Sector Spdr Tr (XLE) because of Energy.

For Select Sector Spdr Tr (XLE), the reason on file says Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

A second company, State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP), is listed for a different reason: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

Dates and price levels for Select Sector Spdr Tr (XLE)

USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80. XOP traded between 177.09 and 202.25 across 20 sessions. The latest close on file is 199.52.

The energy score for Select Sector Spdr Tr (XLE)

46 out of 100

“Dollar Retreats and Gold Jumps on a Weak US Payroll Report” scores 46 out of 100. The score uses 1 sources, and 10 linked companies.