This Week on Wall Street

Markets remain closed for the weekend, with Wall Street still digesting Friday's broad rally that capped a record week: a tech rebound and easing yields lifted the Dow Jones 0.83% to 51,655.01, the S&P 500 0.59% to 7,811.54, and the Nasdaq Composite 0.64% to 27,366.17, leaving all three indexes higher for the week. Software stocks led the recovery from Thursday's semiconductor-led selloff, though chipmakers stayed under pressure, while Communication Services was the week's weakest sector after T-Mobile, AT&T, and Verizon tumbled on news of a SpaceX spectrum deal. The 10-year Treasury yield eased to roughly 5.24% and the VIX fell to 14.84, signaling calmer conditions after midweek's selloff, while WTI crude settled near $91.85 as geopolitical risk premium cooled. Delta Air Lines kicked off Q3 earnings season Friday morning, with a roughly 40% year-over-year jump in fuel costs weighing on the outlook even as premium travel demand held up. Attention now turns to Tuesday's start to bank earnings from JPMorgan and Wells Fargo and the September CPI report on Wednesday as the week's next catalysts, with the Fear & Greed Index holding at a Neutral 55 as calmer yields and a stabilizing tech trade offset lingering AI-growth jitters heading into the new week.