US stocks rose Tuesday as the S&P 500 gained about 0.5% to 0.7% and the Nasdaq added about 0.6% after another record close, while the Dow rose about 0.4%. Brent crude fell over 2% to around $98 a barrel and the 10 year Treasury yield pulled back after hitting roughly 5.31% Monday, easing pressure on growth shares.

Watcher.Guru reports the S&P 500 climbed to a new all-time high of 7,835. The index's aggregate market capitalization also exceeded $71 trillion for the first time on record.

The S&P 500 has moved above 7,800, reaching a level The Kobeissi Letter said it was targeting after the index dipped into the 7,600 area in September. The Kobeissi Letter said the 7,800 objective was shared with premium members on Friday, October 3, 2026. It noted that as the index traded around 7,600 in September, it increased bullish exposure for subscribers. From the 7,600 entry area to 7,800+, the move totals about 200 points, or roughly 2.6%. Technical notes referenced by the service include a break out of a descending channel earlier in the cycle, a backtest of the breakout level on October 1, and an RSI rebound off the 50 support zone, based on a chart posted by @KobeissiLetter on X. Price has now reached the 7,800 resistance area highlighted on that chart, with the projection pointing toward potential new record highs if the level is cleared decisively. The advance comes as broader risk appetite appears firm. In a separate development, spot Bitcoin ETFs recorded $999M of inflows in a single day, the largest since October 2025, signaling elevated institutional demand for risk assets heading into the week. The Kobeissi Letter did not cite a specific macro catalyst for the day's move, characterizing the call as structural and chart-based, initiated around the September 7,600 low and confirmed with the market trading at 7,800+ on October 6, 2026. Source: x.com. Published by CoinsProbe Markets Desk.

Meta has reduced the number of employees using Anthropic's Claude Code from roughly 60,000 to about 30,000. Microsoft has also lowered the monthly spending cap for AI models per employee from $100,000 to around $10,000, after previously projecting at least $1 billion a year in spending on Anthropic's technology. Anthropic is preparing an IPO valued at more than $2 trillion. The company's revenue profile is coming under closer scrutiny as spending tightens and customer concentration remains high, with two unnamed large clients accounting for 24% of its 2025 revenue.

U.S. equities climbed Tuesday, with the S&P 500 up 0.5% and poised to top its August record. The Dow Jones Industrial Average gained 185 points, while the Nasdaq Composite rose 0.6% to extend its run of record closes. Crude prices fell, easing inflation concerns. Brent dropped 2.3% to $97.97 a barrel, down sharply from nearly $110 a few weeks ago. Constellation Energy led gainers after announcing a long-term power supply agreement with Google.

Citigroup estimates that Meta's AI assistant Muse could generate more than $27 billion in annual revenue by 2030. The bulk would come from transaction-related income of about $23 billion, alongside roughly $4.5 billion from subscriptions. Muse has surpassed 6.6 million cumulative downloads and is running at 1.8 million daily active users, with new use cases continuing to emerge. Meta is stepping up its promotional push.

ME News reported that on Oct. 6 (UTC+8), the International Energy Agency (IEA) Council is expected to settle the detailed arrangements for releasing emergency diesel and crude reserves. The decision is slated for the Council's Oct. 14–15 meeting and follows last week's announcement by the Group of Seven (G7). G7 members agreed to release a combined 100 million barrels of diesel and crude oil and also committed not to introduce export restrictions on energy products. (Source: ChainCatcher)

Ethereum developers have pushed an emergency software patch ahead of a critical test for the upcoming Glamsterdam upgrade, addressing an issue tied to raising the per-block gas limit. The fix, implemented in the Prysm client, enables the network to automatically expand maximum per-block computational capacity from 60 million gas to 200 million gas. On the day the upgrade activates, testnet validators will begin automatically proposing 200 million-gas blocks. Glamsterdam is Ethereum's largest upgrade since the 2022 Merge. As of publication, ETH was trading at $2,711.32.

Gold and silver were largely unchanged on the session. Gold futures edged down 0.11%, while silver futures rose 1.14%. The move reflects the same market forces that drove last Monday's sharp selloff, when gold plunged $172 and silver slid $3.60. The mechanics remain in place, but sentiment has swung the other way as energy-related fears cool, even as rising yields and a stronger U.S. dollar continue to keep a lid on gains.