Story perspectives

Accenture Shares Jump 16% After Earnings Beat, Guidance Raise

By Drooid · Oct 2, 2026, 2:26 PM UTC · How we work

Summary

Story summary

U.S. stocks recovered, lifting the S&P 500 0.20% to 7,666.48 on Oct 1.
The 10-year Treasury yield eased to 5.24% after hitting 5.34%, a 24-year peak.
Accenture shares jumped almost 16% after fiscal Q4 earnings beat and 2027 revenue guidance raise.
Micron Technology rose over 3% on blowout earnings and $32 billion customer commitments.
Energy sector led gains as Brent crude rose $4.28 to $102.31 per barrel.

History

Historical Context

During the September 29, 2008 financial crash, the S&P 500 plunged 9 % to 752 points, prompting massive market turmoil across global markets. The Federal Reserve slashed the federal funds rate to 0.25 % and the 10-year Treasury yield fell to 2.5 % by October 2008 in response to crisis. Today's S&P 500 rebound to 7,666.48, a 0.20 % rise, mirrors 2008’s volatile recovery as Accenture, Micron and Brent crude rally on earnings and oil price spikes. The 2008 episode taught regulators that swift policy easing and corporate resilience can stabilize markets, suggesting similar interventions may temper future yield volatility.

1 of 2

Story summary

U.S. stocks recovered, lifting the S&P 500 0.20% to 7,666.48 on Oct 1.
The 10-year Treasury yield eased to 5.24% after hitting 5.34%, a 24-year peak.
Accenture shares jumped almost 16% after fiscal Q4 earnings beat and 2027 revenue guidance raise.
Micron Technology rose over 3% on blowout earnings and $32 billion customer commitments.
Energy sector led gains as Brent crude rose $4.28 to $102.31 per barrel.

1 / 2