Apple closed its trading day just under the $5 trillion market capitalization mark on Tuesday, October 6, 2026, with shares climbing 37% over the past year. Markets tracked fluctuating crude prices, upcoming inflation data, and broad financial sector earnings ahead of the Wednesday session.
BlackRock CEO Larry Fink joined Squawk on the Street
during the 9 a.m. ET hour following his company’s earnings release, with shares up 3% over three months while sitting 12% off last October’s high. Chief executives stepped in front of television cameras to address market conditions as major financial institutions reported earnings on Wednesday.
Bank of America CEO Brian Moynihan appeared in the 10 a.m. hour. His stock is down 9% over the last three months and off 17% from its August high. High on the agenda for Bank of America is the government’s $1.2 billion fine against the institution for alleged violations of anti-money laundering and sanctions laws.
Morgan Stanley and Goldman Sachs Earnings Movements
Morgan Stanley CEO Ted Pick joined broadcasts in the 11 a.m. hour. The company’s shares are down 15.6% over three months and sit 20% off their July peak. Later in the afternoon, Goldman Sachs CEO David Solomon appeared during the 1 p.m. hour after reporting earnings that morning. Goldman shares closed the day flat, though they remain down 13% over the past month and 27% below the July high.
Indika Energy Leads Jakarta Composite Index Gains
Additional upward movement on Tuesday was led by PT Indika Energy Tbk. (INDY) climbing 5.45% to Rp2,710, PT Darma Henwa Tbk. (DEWA) rising 5.20% to Rp364, PT Mitra Adiperkasa Tbk. (MAPI) advancing 4.03% to Rp1,550, and PT Bukit Asam (Persero) Tbk. (PTBA) increasing 3.98% to Rp3,400. Conversely, declining issues during that session included PT Bank Central Asia Tbk. (BBCA) dropping 1.21% to Rp6,100, PT Hartadinata Abadi Tbk. (HRTA) sliding 0.45% to Rp2,190, PT Telkom Indonesia (Persero) Tbk. (TLKM) falling 0.44% to Rp2,280, PT Sumber Alfaria Trijaya Tbk. (AMRT) slipping 0.40% to Rp1,255, PT Indofood CBP Sukses Makmur Tbk. (ICBP) decreasing 0.37% to Rp6,800, and PT Solusi Sinergi Digital Tbk. (WIFI) dropping 0.34% to Rp1,450.
The positive momentum proved temporary as trading resumed. The index opened the following morning at 6,210.41, up 0.13%, with 282 stocks advancing, 203 declining, and 222 stagnant, while total market capitalization reached Rp10,933 triliun. By midday, the index dropped 0.55% or 34.15 points to 6,158.78, having moved between an intraday low of 6,146.02 and a high of 6,241.76 with a market cap of Rp10,819 triliun across 277 advancing, 357 declining, and 329 stagnant stocks.
By the close of trading on Wednesday, October 7, 2026, the IHSG settled down 0.75% at 6,146.72 based on data from the Indonesia Stock Exchange (BEI). A total of 280 stocks advanced, 390 declined, and 293 remained stagnant during this session.
| Stock Ticker | Company Name | Move | Price |
|---|---|---|---|
| GOTO | PT GoTo Gojek Tokopedia Tbk. | +6.90% | Rp31 |
| AMMN | PT Amman Mineral Internasional Tbk. | +6.89% | Rp4,500 |
| INDY | PT Indika Energy Tbk. | +5.45% | Rp2,710 |
| BBCA | PT Bank Central Asia Tbk. | -1.21% | Rp6,100 |
| TLKM | PT Telkom Indonesia (Persero) Tbk. | -0.44% | Rp2,280 |
Jamie Dimon Warns of Rising Interest Rates
Treasury yields remained elevated as JPMorgan Chase CEO Jamie Dimon issued a warning regarding interest rates.
Financial pain will grow across the U.S. if interest rates go up another percentage point from where they are now.
Jamie Dimon, CEO of JPMorgan Chase
The 30-year Treasury yielded 5.564% on Tuesday night, while the 10-year stood at 5.215% and the 2-year yielded 4.795%. Additional yields recorded Tuesday night included the 1-year Treasury bill at 4.493%, the 6-month T-bill at 4.351%, the 3-month bill at 4.188%, and the 1-month bill at 3.978%. Meanwhile, September’s consumer price index inflation data is scheduled for 8:30 a.m., with Dow Jones consensus estimates predicting a 0.6% month-to-month increase and a 3.6% year-over-year advance.