Nasdaq hits fresh record as weak September jobs report lifts U.S. stocks

U.S. stocks advanced Oct. 2 after a weaker-than-expected September jobs report, Reuters reported. The Dow, S&P 500 and Nasdaq jumped, with the Nasdaq hitting a fresh record, Business Insider reported. Bond yields — the return on bonds — dropped. I see softer hike bets easing borrowing costs, which matters for mortgages and savings returns.