Wall Street Gains Ahead of Inflation Data

NEW YORK, Oct 10, 2026 — Global equities ended higher on Friday as investors looked ahead to key US inflation data this week. The Dow Jones Industrial Average rose 423.31 points, or 0.83%, to 51,654.95, while the S&P 500 gained 0.59% to 7,811.51 and the Nasdaq advanced 0.64% to 27,366.17.

Inflation Data

Technology stocks rebounded, with easing oil prices and bond yields providing relief from recent inflationary concerns. In Europe, the STOXX 600 climbed 0.97%, while Asian markets were mostly firmer, led by Hong Kong’s Hang Seng (+1.79%). Japan’s Nikkei 225 slipped marginally (-0.02%), and South Korea’s markets were closed for a holiday.

Geopolitical risks resurfaced over the weekend after a Houthi attack on Riyadh’s international airport left at least 12 dead and more than 300 injured, weighing on Gulf equities. US Treasury markets will be closed Monday for Columbus Day, though equity trading continues.

Wall Street and global equities rose Friday, supported by easing oil and bond yields, as investors await key US inflation data.

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