Geopolitics Alpha

Stocks Rally as a Weak US Payroll Report Reduces Fed Rate Hike Chances

Published . Updated .

The S&P 500 Index ($SPX ) (SPY ) is up by +1.05% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.814%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.35%. December E-mini S&P futures (ESZ26 ) are up +0.99%, and December E-mini...

Directly affected

  • NDAQ Nasdaq

    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

  • XLI Industrial Select Sector SPDR

    A fund of industrial companies

  • CAT Caterpillar

    A large machinery maker

  • 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
NDAQ———————
TLT———————
IEF———————
SHY———————
SPY———————
XLI———————
CAT———————
JPM———————
BAC———————
GS———————
XLF———————

The S&P 500 Index ($SPX ) (SPY ) is up by +1.05% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.814%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.35%. December E-mini S&P futures (ESZ26 ) are up +0.99%, and Decem…

Source: Nasdaq Markets

How far Direxion Daily Financial Bull 3X Etf (FAS) has moved since 2 Oct 2026

Since the first closing price after “Stocks Rally as a Weak US Payroll Report Reduces Fed Rate Hike Chances,” Direxion Daily Financial Bull 3X Etf (FAS) is +6.28%. The S&P 500 fund (SPY) is -1.08% over the same days, a +7.36% difference versus the market.

FAS
SPY

Who gains and who loses around Direxion Daily Financial Bull 3X Etf (FAS)

Companies carried with this story

  • FAS Direxion Daily Financial Bull 3X Etf

    Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Stocks Rally as a Weak US Payroll Report Reduces Fed Rate Hike Chances.” Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AGZD Wisdomtree Interest Rate Hedged U.S. Aggregate Bond Fund

    Wisdomtree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Stocks Rally as a Weak US Payroll Report Reduces Fed Rate Hike Chances.” Reason on file: GA selected AGZD as a RELATED security because its canonical security name directly matches this event's themes: rate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BAMG Brookstone Growth Stock Etf

    Brookstone Growth Stock Etf (BAMG) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Stocks Rally as a Weak US Payroll Report Reduces Fed Rate Hike Chances.” Reason on file: GA selected BAMG as a RELATED security because its canonical security name directly matches this event's themes: stocks. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BAMV Brookstone Value Stock Etf

    Brookstone Value Stock Etf (BAMV) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Stocks Rally as a Weak US Payroll Report Reduces Fed Rate Hike Chances.” Reason on file: GA selected BAMV as a RELATED security because its canonical security name directly matches this event's themes: stocks. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • PFIX Simplify Interest Rate Hedge ETF

    Simplify Interest Rate Hedge ETF (PFIX) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Stocks Rally as a Weak US Payroll Report Reduces Fed Rate Hike Chances.” Reason on file: GA selected PFIX as a RELATED security because its canonical security name directly matches this event's themes: rate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • PDLB Ponce Financial Group

    In “Stocks Rally as a Weak US Payroll Report Reduces Fed Rate Hike Chances,” Ponce Financial Group (PDLB) is linked, with no stored direction, medium confidence. Reason on file: GA selected PDLB as a RELATED security because its canonical security name directly matches this event's themes: financial, stocks. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • XLF Select Sector Spdr Tr

    Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Stocks Rally as a Weak US Payroll Report Reduces Fed Rate Hike Chances.” Reason on file: Rate-policy changes can alter funding costs, net-interest margins, and financial-sector valuation

  • KRE Spdr Series Trust

    Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Stocks Rally as a Weak US Payroll Report Reduces Fed Rate Hike Chances.” Reason on file: Rate-policy changes can alter funding costs, net-interest margins, and financial-sector valuation

Direxion Daily Financial Bull 3X Etf (FAS)

On 2 Oct 2026, “Stocks Rally as a Weak US Payroll Report Reduces Fed Rate Hike Chances” is the story that connects Direxion Daily Financial Bull 3X Etf (FAS) to this story.

For Direxion Daily Financial Bull 3X Etf (FAS), the reason on file says GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Wisdomtree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD), is listed for a different reason: GA selected AGZD as a RELATED security because its canonical security name directly matches this event's themes: rate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for Direxion Daily Financial Bull 3X Etf (FAS)

AGZD traded between 22.49 and 22.70 across 20 sessions. The latest close on file is 22.56. BAMG traded between 43.54 and 45.76 across 11 sessions. The latest close on file is 45.02. FAS traded between 136.16 and 161.95 across 20 sessions. The latest close on file is 152.93.

What the saved facts support for Direxion Daily Financial Bull 3X Etf (FAS)

46 out of 100

“Stocks Rally as a Weak US Payroll Report Reduces Fed Rate Hike Chances” scores 46 out of 100. The score uses 1 sources, and 13 linked companies.