The S&P Financial and Consumer Discretionary sectors closed up more than 1.6%, leading other sectors on non-farm payroll day
After the release of the US September non-farm payroll report on Friday (October 4), the S&P 500 index opened high and then fell. At 22:37 Beijing time, it hit a daily low of 5702.83 points, approaching Thursday's closing level. Subsequently, the gain expanded again, rising to 5753.21 points at 03:57, approaching the intraday historical high of 5767.37 points set on September 26. Finally, it closed near the daily high, approaching the closing historical high of 5762.48 points set on September 30. The S&P financial sector rose by 1.64%, the consumer discretionary sector rose by 1.62%, the telecommunication sector rose by 1.2%, the energy sector rose by 1.07%, and the information technology/tech sector rose by 0.99%, ranking fifth. On the other hand, the utility sector fell by 0.17%, and the real estate sector fell by 0.65% amid the pressure from the US September non-farm payroll report on the Fed's interest rate cut expectations