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Market Open: Anthropic Eyes November IPO at $2 Trillion Valuation | Oct 2nd

Economy, Finance, Market News, Market Summary
02 October 2026 10:01 (EDT)
Anthropic is reportedly targeting a November IPO near $2 trillion as weak US jobs data lifted stocks toward record highs.

Anthropic is reportedly targeting a November IPO near $2 trillion as weak US jobs data lifted stocks toward record highs.

Markets were mixed today as a weak September jobs report calmed rattled bond markets and sent U.S. stocks toward record territory. The TSX fell 0.23% and the TSX Venture Index dropped 0.36%, while the Dow jumped 0.73% and the Nasdaq rose 1.10%. The FTSE 100 edged up 0.18%.

The U.S. added just 29,000 jobs in September as unemployment ticked up to 4.2%, a disappointing print likely to keep the Fed on hold in October even as the dollar held near a 17-month high despite falling yields. Gold rose 0.23% and copper gained 0.39%, while Bitcoin surged 2.37% to above C$123,000 as global equity funds drew inflows for a second straight week on continued AI optimism. Oil fell 3.51%.

Market numbers

TSX: Down (-0.23%) 35,154.76

TSXV: Down (-0.36%) 878.78

DOW: Up (+0.73%) 51,296.7

NASDAQ: Up (+1.10%) 30,896.6

FTSE 100: Up (+0.18%) 10,478.78

In the headlines

Currencies

USD: Down (-0.07%) $0.7023

GBP: Down (-0.32%) $0.5309

EUR: Down (-0.16%) $0.62448

JPY: Down (-0.42%) ¥110.706

AUD: Down (-0.64%) $1.0079

Bitcoin (BTC/CAD): Up (+2.37%) 123,605.2

(Conversion to C$1)

Commodities

Copper: Up (+0.39%) 6.63949

Gold: Up (+0.23%) 4,187.14

WTI: Down (-3.51%) 88.00

Natural Gas: Up (+1.47%) 2.970

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