๐ Stocks ground out small gains to open October as Treasury yields backed off multiyear highs. The S&P 500 added 0.19%, the Nasdaq rose 0.04% and the Dow inched up 0.04%. The 10-year hit 5.344% intraday, its highest since 2002, before reversing lower. ๐ผ Accenture ($ACN) soared 18% on fiscal fourth quarter results. Revenue of $18.7 billion beat both its own $17.8 billion to $18.4 billion guidance and the $18.3 billion FactSet consensus, with earnings of $3.29 per share also topping estimates. ๐พ Micron ($MU) closed up 3% after revenue quadrupled last quarter. The company guided gross margin to 86.25%, below Street expectations, as CEO Sanjay Mehrotra raises worker pay. He said the company rewarded its team in record fashion to match a record quarter. ๐ Fair Isaac ($FICO) rallied 8%, clawing back part of Tuesday's collapse, after FHFA director Bill Pulte said he spoke with CEO Will Lansing to ensure FICO Direct gets approved. The new licensing program could cut lender score fees by up to 50%. ๐ฅ McKesson ($MCK) rose 4% after reaffirming fiscal 2027 earnings guidance and extending its CVS Health distribution partnership through June 2032. ๐ข๏ธ Oil jumped on a report the U.S. is sending a third aircraft carrier strike group to the Middle East, with up to 10,000 additional troops by the end of November. WTI settled up 2.7% at $92.87. ISM manufacturing held at 54.5 but its prices index surged 6.8 points to 77.9, with respondents flagging the Canada trade war. ๐จ๐ปโ๐ป Researched and written daily by @timemino
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