Market Week: October 5, 2015
 

The Markets

As of market close October 2, 2015 - Despite poor employment and manufacturing reports, the equities markets rallied to post gains in each of the major indexes listed here except for the Russell 2000, which ultimately lost less than 1% by last week's end. The late Friday rally was sparked by gains in energy and materials stocks (following a jump in oil prices), coupled with a lessening of concerns over China's otherwise gloomy economic picture. Nevertheless, investors piled money into U.S. government bonds, sending the yield on 10-year U.S. Treasuries tumbling to below 2% for the first time since April. However, the jobs and manufacturing reports are likely to forestall any talk by the Fed of an interest rate increase at its next meeting in October.

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