Geopolitics Alpha

Traders now see little chance of a Fed rate hike in October after weak jobs report

Published . Updated .

Odds tumbled after a jobs report showed a soft labor market, leading more traders to lower the the chances of a fed funds rate increase this month.

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

  • 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

  • KRE SPDR S&P Regional Banking

    Regional banks are sensitive to interest rates

  • FAS DIREXION DAILY FINANCIAL BULL 3X ETF

    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.

Price reaction, T-5 to T+3

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

Odds tumbled after a jobs report showed a soft labor market, leading more traders to lower the the chances of a fed funds rate increase this month.

Source: CNBC Finance

Direxion Daily Financial Bull 3X Etf (FAS) since this story, compared with the market

Since the first closing price after “Traders now see little chance of a Fed rate hike in October after weak jobs report,” 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 tied to 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 “Traders now see little chance of a Fed rate hike in October after weak jobs report.” 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 “Traders now see little chance of a Fed rate hike in October after weak jobs report.” 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

  • BOCT Innovator U.S. Equity Buffer Etf - October

    Innovator U.S. Equity Buffer Etf - October (BOCT) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Traders now see little chance of a Fed rate hike in October after weak jobs report.” Reason on file: GA selected BOCT as a RELATED security because its canonical security name directly matches this event's themes: october. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FOCT Ft Vest U.S. Equity Buffer Etf - October

    For “Traders now see little chance of a Fed rate hike in October after weak jobs report,” Ft Vest U.S. Equity Buffer Etf - October (FOCT) is linked, with no stored direction, medium confidence. Reason on file: GA selected FOCT as a RELATED security because its canonical security name directly matches this event's themes: october. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GOCT Ft Vest U.S. Equity Moderate Buffer Etf - October

    Ft Vest U.S. Equity Moderate Buffer Etf - October (GOCT) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “Traders now see little chance of a Fed rate hike in October after weak jobs report.” Reason on file: GA selected GOCT as a RELATED security because its canonical security name directly matches this event's themes: october. 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

    For “Traders now see little chance of a Fed rate hike in October after weak jobs report,” Simplify Interest Rate Hedge ETF (PFIX) is linked, with no stored direction, medium confidence. 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

  • XLF Select Sector Spdr Tr

    In “Traders now see little chance of a Fed rate hike in October after weak jobs report,” Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence. Reason on file: Rate-policy changes can alter funding costs, net-interest margins, and financial-sector valuation

  • KRE Spdr Series Trust

    For “Traders now see little chance of a Fed rate hike in October after weak jobs report,” Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence. 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, “Traders now see little chance of a Fed rate hike in October after weak jobs report” is the story that connects Direxion Daily Financial Bull 3X Etf (FAS) to this story.

The link for Direxion Daily Financial Bull 3X Etf (FAS) is this: 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

Wisdomtree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) is here too. Its reason reads: 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 in the story, and the Direxion Daily Financial Bull 3X Etf (FAS) price range

AGZD traded between 22.49 and 22.70 across 20 sessions. The latest close on file is 22.56. BOCT traded between 54.48 and 56.00 across 20 sessions. The latest close on file is 55.10. FAS traded between 136.16 and 161.95 across 20 sessions. The latest close on file is 152.93.

A simple score for Direxion Daily Financial Bull 3X Etf (FAS)

46 out of 100

“Traders now see little chance of a Fed rate hike in October after weak jobs report” scores 46 out of 100. The score uses 1 sources, and 13 linked companies.