Daily market digest
· 5 min read
Markets on 4 October 2026: Equities Climb as Crypto Stays Strong
Global equities rise moderately, Bitcoin and Ethereum continue to see gains, while gold retreats.
Quick answer
On 4 October 2026, the S&P 500 rose by 0.73% to 7,723, while Bitcoin gained 0.4% to $84,837. Meanwhile, gold fell 0.95% to $4,162, influenced by a global risk-on sentiment.
Key takeaways
- S&P 500 increased by 0.73% amid positive sentiment.
- Bitcoin rose 0.4% as crypto remains favored; $84,837 close.
- Gold prices declined by 0.95%, closing at $4,162.
- US 10-year yield climbed 0.76% to 5.28%, reflecting inflation concerns.
- USD/MAD surged 1.34%, impacting Morocco's import costs.
Market dashboard
S&P 500
7,723
+0.73%1-day change
Bitcoin
$84,837
+0.40%1-day change
Gold (oz)
$4,162
-0.95%1-day change
Brent crude
$102.25
-0.06%1-day change
EUR/USD
1.1257
+0.07%1-day change
USD/MAD
9.935
+1.34%1-day change
VIX (fear gauge)
15.3
-6.59%1-day change
Crypto Fear & Greed
65/100
Greed
Global equities showed gains on 4 October 2026, with the S&P 500 and Nasdaq Composite closing up 0.73% and 1.19% respectively. While European stocks gained momentum with the Euro Stoxx 50 rising by 1.02%, they still show a monthly decline of nearly 1.94%. Equity markets benefited from a mildly risk-on mood as positive sentiment persisted.
Cryptocurrencies continued their strong performance with Bitcoin rising 0.4% to $84,837 and Ether advancing 0.97% to $2,694. Interestingly, Solana recorded a notable monthly surge of 18.45%. The Crypto Fear & Greed index is at 65 indicating a general state of 'Greed,' suggesting a speculative bullish trend.
Commodities diverged today with gold dropping 0.95% to $4,162, remaining under pressure amid a strengthening USD, while Brent crude edged down slightly by 0.06% to $102.25. Currency markets saw the US dollar index dip 0.17%, yet it continues a strong monthly gain of 2.38%, leading to appreciated USD/MAD rates that increased 1.34%.
30-day performance, indexed to 100
Each market rebased to 100 at the start of the window, so moves are comparable on one axis.
- S&P 500100.7
- Bitcoin104
- Gold (oz)94.28
- Brent crude106.9
View data table
| S&P 500 | Bitcoin | Gold (oz) | Brent crude | |
|---|---|---|---|---|
| 2 Sept | 100 | 100 | 100 | 100 |
| 3 Sept | 101.06 | 98.03 | 102.84 | 99.88 |
| 4 Sept | 100.68 | 98.22 | 101.4 | 100.68 |
| 8 Sept | 100.09 | 96.29 | 100.55 | 102.39 |
| 9 Sept | 99.61 | 94.21 | 101.04 | 105.83 |
| 10 Sept | 99.02 | 94.96 | 99.83 | 112.55 |
| 11 Sept | 99.87 | 95.08 | 99.87 | 109.39 |
| 14 Sept | 99.39 | 93.04 | 98.58 | 110.51 |
| 15 Sept | 98.95 | 93.7 | 98.15 | 113.72 |
| 16 Sept | 98.5 | 94.01 | 99.39 | 110.67 |
| 17 Sept | 99.62 | 99.54 | 99.66 | 109.61 |
| 18 Sept | 99.79 | 99.95 | 100.23 | 108.62 |
| 21 Sept | 101.28 | 106.03 | 99.3 | 104.93 |
| 22 Sept | 101.28 | 103.83 | 99.13 | 103.79 |
| 23 Sept | 100.51 | 103.82 | 97.82 | 107.79 |
| 24 Sept | 100.49 | 103.4 | 97.36 | 111.47 |
| 25 Sept | 101 | 103.86 | 97.88 | 109.09 |
| 28 Sept | 100.22 | 102.89 | 94.42 | 110.09 |
| 29 Sept | 100.06 | 102.81 | 94.68 | 107.28 |
| 30 Sept | 99.8 | 104.41 | 94.84 | 108.26 |
| 1 Oct | 100 | 103.97 | 95.19 | 106.99 |
| 2 Oct | 100.73 | 103.97 | 94.28 | 106.92 |
1-month change by market (%)
- Solana+18.45%
- Ether+9.69%
- Brent crude+6.92%
- Bitcoin+6.48%
- USD/MAD+6.48%
- Nasdaq Composite+3.71%
- EUR/MAD+3.32%
- US dollar index+2.38%
- S&P 500+0.73%
- Euro Stoxx 50-1.94%
- EUR/USD-2.92%
- Gold (oz)-5.72%
| S&P 500 | 7,723 | +0.73% | -0.27% | +0.73% | 10.6 |
| Nasdaq Composite | 27,191 | +1.19% | +0.45% | +3.71% | 14 |
| Euro Stoxx 50 | 6,239 | +1.02% | -1.02% | -1.94% | 12.8 |
| Bitcoin | $84,837 | +0.40% | +0.45% | +6.48% | 37.5 |
| Ether | $2,694 | +0.97% | +0.26% | +9.69% | 40 |
| Solana | $120.8 | +1.81% | -1.06% | +18.45% | 60.7 |
| Gold (oz) | $4,162 | -0.95% | -3.68% | -5.72% | 19.7 |
| Brent crude | $102.25 | -0.06% | -1.98% | +6.92% | 39.5 |
| US dollar index | 101.93 | -0.17% | +0.95% | +2.38% | 4.8 |
| EUR/USD | 1.1257 | +0.07% | -1.03% | -2.92% | 3.9 |
| USD/MAD | 9.935 | +1.34% | +3.43% | +6.48% | 5.7 |
| EUR/MAD | 11.180 | +1.34% | +2.18% | +3.32% | 6 |
| US 10-year yield | 5.28% | +0.76% | +1.79% | +10.03% | 15 |
| VIX (fear gauge) | 15.3 | -6.59% | +2.96% | +0.72% | 97.8 |
Crypto Sector's Resilience and Transformative Trends
The cryptocurrency sector showed resilience with Bitcoin, Ethereum, and Solana recording gains. Payment firm OpenPayd is aiming for a Nasdaq listing to fund U.S. expansion, showcasing growing institutional interest (CoinDesk). Meanwhile, Cathie Wood highlights AI's emerging role in crypto dynamics, noting its potential to drive new digital payment paradigms (CoinDesk).
The successful recovery of $3.8M by NEAR Intents after an ultimatum indicates evolving security protocols within the crypto community (Cointelegraph). European users' increased trust in regulated crypto firms under MiCA regulation is further enhancing the sector's credibility (Cointelegraph).
- Monitor OpenPayd's progress towards Nasdaq listing.
- Stay updated on AI's impact on payment networks.
- Follow regulatory developments in the EU's crypto market.
Mixed Signals from the Global Economy
The labor market faced a slowdown, adding only 29,000 jobs in September against a forecast of 84,000, with unemployment rising to 4.2% (CNBC). Concerns on economic growth emerged as consumer spending decelerates before U.S. midterm elections.
The price of diesel in the UK hit new highs due to global oil price rises and impending regulatory actions, revealing vulnerabilities in energy supply chains (BBC Business). Meanwhile, a large-scale release of oil from G7 nations aims to stabilize prices after Trump's recent threats (BBC Business).
- Track US labor market developments post-September dip.
- Watch for any subsequent actions following G7's oil release.
- Keep an eye on fluctuating energy prices globally.
Morocco's Economic Movements Amidst Market Volatility
While the Casablanca Bourse ended the week in the red, dropping by 2.89%, the USD/MAD exchange rate surged by 1.34%, impacting cost calculations for future imports (Hespress Économie).
Moroccan economic strategies may need recalibration with U.S. treasury yields rising to 5.28% and the strong dollar's influence on trade balances, affecting purchasing power domestically.
- Observe Casablanca Bourse's recovery attempts post declines.
- Consider implications of the USD/MAD jump on trade.
- Follow potential economic policy shifts after yield changes.
What it means for a saver in Morocco
For Moroccan savers, today's market movements present mixed implications. USD/MAD's 1.34% spike makes imports costlier, likely leading to inflationary pressure, potentially increasing the cost of imported goods. The Moroccan dirham's depreciation against major currencies will affect purchasing decisions.
Meanwhile, gold's global downtrend, now priced at $4,162, remains a concern for those with investments in precious metals. With the Casablanca Bourse's decline of 2.89%, Moroccan investors may face bearish trends in local equities, and those dependent on remittances might feel increased exchange rate impacts.
Market sentiment & outlook
64/100
Constructive
Overall risk appetite
Overall market sentiment leans risk-on, with a score of 64/100. Equities and crypto assets are gaining traction, buoyed by moderate market optimism. However, rising US bond yields and a strong dollar could present challenges, potentially curbing risk appetites if inflation pressures persist.
Data as of
Global equities
56 · Leaning bullish
Moderate optimism with a bias towards gains; watch for macro growth influences.
- Positive daily S&P 500 increase
- Nasdaq's 1.19% rise
- Volatility characterized by a VIX at 15.3
Crypto
69 · Leaning bullish
Strong gains with potential for continued upward momentum, driven by speculative activities.
- Bitcoin rise to $84,837
- Strong monthly increase in Ether
- Greed indicator at 65
Gold & safe havens
13 · Bearish
Under pressure as risk appetite favors other assets; watch inflation measures.
- Gold's 0.95% drop
- USD strength
- Low gold-related sentiment score of 13
Oil & energy
63 · Leaning bullish
Resilient despite temporary price drop; geopolitical dynamics remain key.
- Brent crude's near stability
- G7's oil stock release
- Higher monthly Brent pricing
US dollar
93 · Bullish
Continued strength expected, but may face adjustments if inflation surprises.
- USD index rise of 2.38% monthly
- Increased USD/MAD rates
- Bonds yielding 5.28%
Bonds (US Treasuries)
9 · Bearish
Risk-off with upward pressure on yields; inflationary fears persist.
- 10-year yield increase
- Volatility around T-bills
- Risk of higher rates
Casablanca Bourse & MAD
Qualitative read
Economic caution with an eye on currency devaluation impacts.
- USD/MAD 1.34% rise
- Bourse of Casablanca's decline
- Higher importation costs
Who benefits
- Technology Sector — Continued investor interest in AI and digital transformations aids growth.
- US Dollar — Strength amid global currency flux enhances USD appeal as a safe haven.
- Oil Companies — Despite OPEC actions, demand forecasts support energy sector revenues.
Under pressure
- Gold Investors — Declining gold prices may hurt portfolios with significant gold allocations.
- Emerging Markets — Rising USD/MAD can worsen debt repayment conditions and trade imbalances.
- Eurozone Stocks — Euro Stoxx's fall highlights sluggishness amid broader equity climbs.
Crypto Fear & Greed index — last 30 days
0 = extreme fear, 100 = extreme greed (alternative.me).
View data table
| Crypto Fear & Greed | |
|---|---|
| 4 Sept | 74 |
| 5 Sept | 73 |
| 6 Sept | 73 |
| 7 Sept | 71 |
| 8 Sept | 69 |
| 9 Sept | 66 |
| 10 Sept | 69 |
| 11 Sept | 56 |
| 12 Sept | 63 |
| 13 Sept | 61 |
| 14 Sept | 57 |
| 15 Sept | 69 |
| 16 Sept | 51 |
| 17 Sept | 50 |
| 18 Sept | 56 |
| 19 Sept | 71 |
| 20 Sept | 71 |
| 21 Sept | 70 |
| 22 Sept | 78 |
| 23 Sept | 71 |
| 24 Sept | 71 |
| 25 Sept | 71 |
| 26 Sept | 74 |
| 27 Sept | 70 |
| 28 Sept | 74 |
| 29 Sept | 73 |
| 30 Sept | 71 |
| 1 Oct | 74 |
| 2 Oct | 72 |
| 3 Oct | 67 |
| 4 Oct | 65 |
Scenarios to watch
| Base case | Sustained stable economic data. | Equities maintain slight gains; bonds hover near current yields. |
| Bullish case | Improved global economic outlook. | Broad market rally with equities and crypto leading the charge. |
| Bearish case | Rising inflation or geopolitical tensions. | Risk aversion grows; flight to US Treasuries and USD if fears materialize. |
Frequently asked questions
What caused the S&P 500's rise on 4 October 2026?
The S&P 500 increased by 0.73% due to a mild risk-on sentiment as investors embraced equities amid broad market gains.
Why is the Moroccan dirham depreciating against the USD?
USD/MAD rose 1.34%, reflecting a strong dollar amid interest rate differentials and market interest in stable currency assets.
How did Bitcoin perform on 4 October 2026?
Bitcoin's price rose by 0.4% to $84,837, continuing its uptrend amid growing institutional interest in the crypto sector.
What are the impacts of rising bond yields on investors?
US 10-year yields rose 0.76% to 5.28%, increasing borrowing costs and prompting a reevaluation of fixed-income investment strategies.
This week on the Casablanca Bourse
- IMO — 1 MAD/share, 2026-09-23
- TQM — 38 MAD/share, 2026-09-16
- IAM — 4 MAD/share, 2026-09-04
- AKT — 14 MAD/share, 2026-08-17
- TGC — 15 MAD/share, 2026-08-07
- EQD — 57 MAD/share, 2026-07-23
- CSR — 10 MAD/share, 2026-07-22
- SID — 52 MAD/share, 2026-07-20
Sources
- Ennis (EBF) Grows Sales but Earns Less. Are Legal Items Hiding a Better Business? — Yahoo Finance
- Strive CEO: Bitcoin Could ‘Go to Infinity' as Dollar Debt Crisis Breaks — Yahoo Finance
- Westinghouse Air Brake (WAB) Signs $700 Million-Plus Rail Services Deal. Can Profits Grow? — Yahoo Finance
- Vista Gold (VGZ) Agrees to Sale. Can its Buyer Fund the Mt Todd Gold Mine? — Yahoo Finance
- This Little-Known AI Chip Stock Doubled. Its New Chips Now Double Optical Speed — Yahoo Finance
- Tesla’s Cybercab had a rocky first month in Austin. Now comes the hard part: expanding — CNBC
- David Ellison just brought in a co-CEO to run his new empire: Meet Ynon Kreiz — CNBC
- Trump taps Director of National Intelligence Jay Clayton as AI czar: WSJ reports — CNBC
- FlyDubai plane attack by co-pilot was an attempted 'terrorist' act, UAE says — CNBC
- Berkshire buys more Lennar shares, but pace of purchases slows — CNBC
- Men are losing ground in the labor market. Here's why — CNBC Economy
- Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2% — CNBC Economy
- The September jobs report will be released Friday. Here's what to expect — CNBC Economy
- Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected — CNBC Economy
- Private sector jobs rose by 90,000 in September, better than expected, ADP reports — CNBC Economy
- G7 to release millions of barrels of oil and diesel after Trump threat — BBC Business
- Suppliers pile pressure on government over energy bills — BBC Business
- UK diesel prices top £2 a litre for first time, RAC says — BBC Business
- US jobs market sees sharp slowdown ahead of midterm elections — BBC Business
- 'It could cost me £10k but I need the money now': Why Gen Z are opting out of pensions — BBC Business
- Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions — CoinDesk
- Crypto job postings triple to over 1,200 in September, but applications fall — CoinDesk
- Cathie Wood says smart investors need to start watching where AI agents spend money — CoinDesk
- Crypto's Sisyphean struggle — CoinDesk