Update: Nasdaq Rises to Notch Fourth Weekly Gain; Crude Prices Stabilize

05:08 PM EDT, 10/09/2026 (MT Newswires) -- (Updates with market moves at the end of the day, and other changes, if any.) The Nasdaq Composite rose Friday, securing its fourth straight weekly gain, while crude prices were little changed. The index climbed 0.6% to 27,366.17. The Dow Jones Industrial Average advanced 0.8% to 51,654.95, while the S&P 500 added 0.6% to 7,811.54. Except for communications services and energy, all sectors ended in the green, led by real estate. This week, the Nasdaq gained 0.6%, extended its winning streak to a fourth consecutive week. The S&P 500 and the Dow logged weekly increases of 1.2% and 0.9%, respectively. "Equity markets bounced back this week with little in the way of major market-moving data, and as Treasury yields paused their relentless run higher," BMO Senior Economist Robert Kavcic wrote in a note. US consumer sentiment fell to a five-month low in October as the one- and five-year inflation expectations reached their highest levels since May, preliminary results of a University of Michigan survey showed Friday. "While year-ahead expectations for personal finances and business conditions crept up slightly, buying conditions for durables plummeted amid high prices and borrowing costs," Surveys of Consumers Director Joanne Hsu said. "Frustration over cost-of-living continues to mount, as consumers across the political spectrum believe that the trajectory of the economy has weakened since the beginning of the year." Markets are pricing in a nearly 83% probability that the Federal Reserve will keep its benchmark rate steady later this month, according to the CME FedWatch tool. West Texas Intermediate crude slipped 0.1% to $91.42 a barrel in Friday late-afternoon trade, while Brent was little changed at $104.24. Both benchmarks were up for the week, with Brent on track for its third consecutive weekly increase. President Donald Trump said Friday that Russian President Vladimir Putin agreed to supply diesel to the US and global markets. The 10-year US Treasury yield was up 1.1 basis points at 5.24%. The two-year rate grew 3.7 basis points to 4.79%. In company news, SpaceX (SPCX) shares closed 1.3% higher. The rocket and satellite company said late Thursday it agreed to acquire a nationwide low-band spectrum portfolio from investment firm Grain Management as it seeks to establish Starlink Mobile as a major US mobile carrier. T-Mobile US (TMUS) shares sank 13% Friday, the worst performer on the S&P 500, followed by AT&T (T) and Verizon Communications (VZ), which fell 9.8% and 8.8%, respectively. Several health insurance and managed care stocks advanced Friday, with Humana (HUM) surging following its industry-leading star ratings improvement in the 2027 Medicare Advantage plans. Humana Chief Executive Jim Rechtin said that 95% of the health insurer's Medicare Advantage, or MA, members are enrolled in plans with ratings of at least four stars by the Centers for Medicare and Medicaid Services for 2027. That's significantly higher from plans for the previous year, according to analysts at Oppenheimer and Truist Securities. Humana's shares rallied 12%, the third-biggest gainer on the S&P 500. Spot gold rose 1.5% to $4,195.09 per troy ounce, while silver increased 2.6% to $60.99 per ounce.