This daily briefing for September 28 looks back at the last trading session of the past week on Wall Street and sets out the macroeconomic agenda ahead, marked by a central bank decision, an awaited corporate earnings report, and two major US data releases.
Wall Street closed Friday on a positive note
On Friday, September 25, 2026, the three major US indices closed higher. The S&P 500 gained 0.51% to finish the session at 7,743.41 points, the Nasdaq Composite rose 0.48% to 27,068.72 points, while the Dow Jones Industrial Average advanced 0.93% to 51,828.62 points, driven notably by artificial intelligence related stocks and by Microsoft’s performance, according to the session recap published by LSE.
The 10-year yield remains near 5.18%
On the bond market, the yield on the 10-year US Treasury stood at 5.18% on September 24, 2026, according to the DGS10 series published by the Federal Reserve Bank of St. Louis. On Friday, September 25, this yield remained nearly stable, following selling pressure fueled by comments from the Federal Reserve seen as hawkish and by economic data stronger than expected, as reported by CNBC. As a reminder, the Federal Reserve’s monetary policy committee (FOMC) had raised its target range for the federal funds rate by a quarter point on September 16, 2026, bringing it to 3.75%-4%, according to the official Federal Reserve statement. This monetary policy decision helps explain the context in which the bond yield is evolving, without allowing any prediction of its future trajectory.
For a detailed look at the past trading week, our weekly market review for September 21 to 27, 2026 covers the agenda and levels of the previous week.
The Reserve Bank of Australia announces its decision Tuesday
The Reserve Bank of Australia (RBA) will release its next monetary policy decision and statement on Tuesday, September 29, 2026, at 2:30 pm Sydney time (AEST), according to the official calendar of the Australian central bank. No expected rate level was communicated by the institution ahead of the release, so this briefing does not offer any forecast on the direction of the decision.
Micron Technology reports earnings Wednesday evening
Micron Technology will hold its earnings conference call for its fourth fiscal quarter on Wednesday, September 30, 2026, at 2:30 pm Mountain Time, according to the press release published by Micron. The company is a major supplier of memory chips to the technology industry, which explains the market’s attention to this release, without allowing any anticipation of the results themselves. Micron’s press release does not specify whether this call takes place before or after the close of the US market.
PCE and US GDP expected Wednesday
The Bureau of Economic Analysis (BEA) will release the Personal Income and Outlays report for August 2026, which includes the personal consumption expenditures (PCE) price index, on Wednesday, September 30, 2026, at 8:30 am Eastern Time, according to the official release calendar published by the BEA. This index is closely watched because it is among the inflation measures favored by the Federal Reserve, without this meaning that its upcoming level is known in advance.
The September US jobs report expected Friday
The Bureau of Labor Statistics (BLS) will release the Employment Situation report for September 2026 on Friday, October 2, 2026, at 8:30 am Eastern Time, according to the official BLS calendar. This monthly report remains one of the most closely followed releases by the markets, alongside rate decisions and inflation indices, without presupposing any particular direction for the figures to be published.
What this briefing does not cover
This briefing lists the facts confirmed by primary sources and the official schedules for upcoming releases. It does not offer any consensus or forecast figure that has not been explicitly communicated by the issuing institution, and it does not prejudge the direction of the RBA’s decision, the content of Micron’s earnings, or the level of the PCE and US jobs figures that will be published in the following days.
For context on the previous sessions, see the daily briefing for September 27, 2026 as well as the daily briefing for September 26, 2026, which detail the movement of the 10-year yield and consumer sentiment.