Destiny Tech100 is trading at $32.91, up 5.34%, amid risk-on trading as weak jobs data and lower Treasury yields lifted U.S. stocks.
- September payrolls rose just 29,000, unemployment reached 4.2%, and investors pared expectations for a near-term Fed rate hike.
- Reuters also noted technology shares rose.
- No clear company-specific catalyst was identified for the October 2 move; the second-quarter results announcement found in search was dated August 28, not a new October 2 announcement.