Stocks rallied on October 2, 2026, with the Nasdaq finishing just shy of a record, after a softer-than-expected September jobs report showed 29,000 jobs added, according to the Labor Department, and traders pared bets on Fed rate hikes. KPMG U.S. Chief Economist Diane Swonk and Annex Wealth Management Chief Economist Brian Jacobsen break down the report, Yahoo Finance Washington Correspondent Ben Werschkul explains what it means before the midterms and the G7’s plan to release oil and diesel reserves, and CEA Chairman Christopher Phelan says the Fed’s rate hike was a mistake. Plus ERShares’ Eva Ados on AI’s financing problem, Numeral CEO Sam Ross on AI for sales tax, Kerry Hannon on high earners living paycheck to paycheck, Mike Rowe on the skilled trades shortage, Edmunds on record car loans, and Left On Friday’s co-founders on women’s sportswear.
Market Domination, Market Domination Overtime and Asking for a Trend are live weekdays 3-5pm ET with Yahoo Finance Host Josh Lipton.
00:00 Stocks rise after the soft September jobs report
01:35 Oil prices fall
01:48 KPMG’s Diane Swonk on the jobs report
02:28 A “suspended animation” labor market
03:16 Harder than it looks on the surface
03:40 AI-exposed sectors shed jobs
04:35 Why consumers feel downbeat
05:40 Will the Fed hike in December?
07:41 Would the Fed hike right before an election?
08:44 Is AI carrying the economy?
15:37 Kerry Hannon: Why high earners live paycheck to paycheck
17:23 High earners paying the credit card minimum
18:02 Fewer workers boosting retirement savings
20:40 Ben Werschkul: The last jobs report before the midterms
22:35 G7 to release oil and diesel reserves
24:09 CEA Chair Christopher Phelan on the jobs report
25:44 Is AI hurting the job market?
29:00 Is the AI boom inflationary?
31:37 Phelan: “It was a mistake to raise rates”
35:20 ERShares’ Eva Ados on AI’s financing problem
36:55 Lessons from the telecom buildout
38:08 What it means for Anthropic’s IPO
40:01 Will Big Tech keep funding the AI labs?
47:28 Numeral CEO Sam Ross on its $100 million raise
49:00 How AI handles sales tax
51:14 What if the AI makes a mistake?
52:07 Numeral’s growth
1:00:06 Closing bell
1:02:40 Annex Wealth’s Brian Jacobsen: A “dud” jobs report
1:04:02 Job growth is getting narrower
1:05:15 Will the Fed pause in October?
1:06:46 Will the G7 release bring lasting relief?
1:08:05 Could Iran action come before the election?
1:14:58 Market Domination Overtime: Mike Rowe on the skilled trades shortage
1:16:35 Do investors get it?
1:17:10 The “authentic economy”
1:18:35 AI data centers need electricians
1:20:25 Should you get a liberal arts degree?
1:22:20 Taking shop class out of high school
1:24:15 AI-proof, six-figure jobs
1:31:02 Asking for a Trend: Car buyers set borrowing records, per Edmunds
1:32:15 The rise of seven-year car loans
1:33:09 Why buyers are paying more in interest
1:34:11 Are automakers making affordable cars?
1:35:05 Used car prices keep rising
1:42:21 Left On Friday’s co-founders on women’s sportswear
1:43:40 Online vs. physical retail
1:46:15 Competition in women’s sports apparel
1:47:05 Caitlin Clark’s shoe sellout
1:53:06 What to watch next week
#StockMarket #JobsReport #Fed #MarketDomination #YahooFinance
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