QUICK SPARK: Nasdaq 100 Rallies to All-Time Highs as Fed Hike Bets Cool

The Nasdaq 100, tracked by the Invesco QQQ Trust (NASDAQ: QQQ), reached an all-time high of approximately 30,957 points, rising 1.3% and surpassing its previous record close of 30,732.40 set on September 22. The index has gained 22.4% in 2026. This rally followed a weaker-than-expected jobs report, which indicated that the U.S. economy added only 29,000 jobs in September, significantly below the anticipated 90,000, leading to a decrease in the likelihood of an October Federal Reserve rate hike from nearly 70% to 18%.