US stocks mixed in week ended Oct. 2 as RTX announces $24.4 billion contract

  • The Morningstar US Total Market Index fell 0.26% in the week ended Oct. 2, while technology gained 1.44% and healthcare declined 2.57%.
  • RTX secured a potential $24.4 billion Standard Missile-6 contract covering five years plus two additional option years.
  • The newer report also detailed guidance changes, financing, acquisitions and differing weekly readings for major US indexes and market indicators.

The Morningstar US Total Market Index fell 0.26% in the trading week ended Oct. 2, with technology up 1.44% and energy up 1.21%, while healthcare fell 2.57% and financial services declined 2.45%. A newer market report recorded a 0.44% weekly gain for the Nasdaq Composite, compared with 0.45% in the earlier report, while the S&P 500 fell 0.31% versus 0.27% previously; it also reported a 1.42% decline for the Dow Jones Industrial Average and a 0.13% drop for the Russell 2000. RTX said Raytheon secured a five-year contract with two additional option years worth up to $24.4 billion for Standard Missile-6 interceptors for the U.S. Navy. Integra LifeSciences lowered its full-year 2026 revenue and adjusted EPS guidance after flooding at its Cincinnati facility, Trilogy Metals reported a $35.6 million strategic equity investment from the Department of War, Phillips Edison raised its gross acquisitions guidance to $600 million-$700 million, and Axogen completed its BioCircuit Technologies acquisition. Market indicators included a VIX close of 15.58, WTI crude at $90.57 a barrel, gold at $4,166.60 an ounce and the 10-year Treasury yield at 5.26% in the newer report, versus $91.40 crude, $4,143.80 gold and a 5.28% 10-year yield in the earlier report.

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