Overview

• The Dow Jones Industrial Average rose 238.56 points to 46,758.28, its fourth straight record close after briefly topping 47,000 intraday.
• The ISM non‑manufacturing index for September came in below forecasts, reinforcing views of a slowing U.S. economy and bolstering expectations for additional Fed cuts.
• Japan’s Nikkei 225 finished at a record 45,769.50, up 832.77, with heavyweight tech names and exporters leading gains.
• A weaker yen following remarks by BOJ Governor Kazuo Ueda supported export‑related shares, with the dollar trading around ¥147.50 early Oct. 4 in Tokyo.
• Japanese government bond yields climbed to levels not seen in about 17 years at one point as investors rotated out of safer assets.