GENERAL3 Oct 2026
Nasdaq hits new record high, US markets close in green even as US job growth undershoots expectations - CNBC TV18
US stocks closed higher on Friday, with the S&P 500 up 0.7% and the Nasdaq 100 hitting a new record. Weaker-than-expected job growth and falling oil prices raised hopes the Federal Reserve may hold off on rate hikes. For Indian investors holding US funds, sentiment looks better. Watch upcoming Fed signals before making any big changes to your portfolio.
Key Statutory Highlights
- US markets closed higher on Friday, with the S&P 500 gaining 0.7%.
- The Nasdaq 100 hit a new record high.
- America added fewer jobs than expected, and oil prices fell, which supported market sentiment.
Actionable Advice for Taxpayers / Founders:If you hold US-focused funds, stay calm and avoid big changes based on one day's news; speak to your advisor before reworking your portfolio.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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