US Equities · Pre-Open Briefing
S&P 500 fell 0.71%, Nasdaq fell 1.03%
September 2, 2026
The September 1, 2026 cash session, and what is scheduled today
The S&P 500 fell 0.71% to 7,631.47 and the Nasdaq Composite fell 1.03% to 26,099.77, with the Nasdaq-100 down 1.29%.
Breadth158 up / 342 down
LeadershipS&P 500 by 0.58pp
Member coverage100%
Futures now
Ahead of the open, S&P 500 futures are down 0.06%, Nasdaq 100 futures down 0.30%, Dow futures up 0.10% and Russell 2000 futures little changed against their previous settlement. In Asia, the Nikkei 225 is down 2.85%, the Hang Seng down 0.07% and the Shanghai Composite down 0.97%. In Europe, the Euro Stoxx 50 is down 0.16%, the DAX down 0.47% and the FTSE 100 down 0.31%. Across markets, WTI is down 0.63% at 89.65, Gold is up 0.59% at 4,373.60, the US 10-year yield is at 4.80% and EUR/USD is down 0.34% at 1.1578.
| Market | Level | Change | As of |
|---|---|---|---|
| S&P 500 futures | 7,638.50 | -4.25 (-0.06%) | 2026-09-02 |
| Nasdaq 100 futures | 29,038.00 | -87.50 (-0.30%) | 2026-09-02 |
| Dow futures | 52,882.00 | +54.00 (+0.10%) | 2026-09-02 |
| Russell 2000 futures | 2,925.50 | +0.80 (+0.03%) | 2026-09-02 |
Where the tape closed
S&P 500
7,631.47
-54.67 (-0.71%)
5d -0.28% · 1m +1.89%
Nasdaq Composite
26,099.77
-271.12 (-1.03%)
5d +0.46% · 1m +2.86%
Nasdaq-100
29,077.22
-379.75 (-1.29%)
5d +0.19% · 1m +2.84%
VIX
16.34
+1.42 (+9.52%)
5d +3.09% · 1m +2.19%
The Session
Of the 503 S&P 500 members that printed, 158 rose and 342 fell. Energy led the sector table at +0.98% on an equal-weighted basis and Information Technology sat at the bottom at -2.10%. Micron Technology (MU) fell 2.64% and carried the largest share of the weighted index move. The VIX rose 9.52% to 16.34. Three universe names reported on the session.
World news
- China Tells Carmakers to Keep Price War Away From Export MarketsBloomberg Markets
- G-20 Squabbling Overshadows Summit as Global Bond Markets StrainWSJ World News
- Oil spike, Fed data and 5% yields: - what’s moving marketsInvesting.com
- Saudi stocks lead GCC rally as oil, earnings lift markets - Arab NewsGoogle News GCC Pubs
- Saudi stocks lead GCC rally as oil, earnings lift markets - Arab News PKGoogle News GCC Pubs
- US Treasury Chief Bessent Urges G20 to Adopt Anti-China Tariffs - WhalesbookGoogle News CN Trade
Sector news breakdown
Information Technology
- CrowdStrike CRWDSPXNDX -6.90%CrowdStrike Falls 7% Despite $2 Billion Optiv Milestone, Palo Alto Drops 6% CrowdStrike just announced a landmark partnership milestone from its own conference stage, yet the stock is cratering anyway. The reason behind the selloff has nothing to do with the company's business, and everything to do with a market force now hitting software stocks harder than anything else… 24/7 Wall St. · Sep 1, 11:58 AM ET
- Dell Technologies DELLSPX -6.80%Dell Stock Is Up 248% This Year. Now It Has to Prove the AI Boom Isn’t Slowing Down. Dell is scheduled to report second-quarter financial results after the stock market closes on Tuesday. Barrons.com · Sep 1, 1:07 PM ETDell Beats Quarterly Views on Record AI Server Demand, Boosts Full-Year Outlook Dell Technologies' (DELL) fiscal second-quarter results beat Wall Street's estimates, driven by reco… MT Newswires · Sep 1, 5:07 PM ET
- Strategy Inc MSTRNDX -6.06%Saylor Urges MSCI to Drop 'Discriminatory' Rule That Would Delete Strategy The proposed screen would cut three companies from MSCI's global indexes in November, with Strategy the largest by some distance. decrypt · Sep 1, 7:28 AM ET
- Palo Alto Networks PANWSPXNDX -5.24%Palo Alto’s Earnings Cap a Transitional Year. Next Year Will Be Crucial. Palo Alto Networks is scheduled to report its fourth-quarter earnings following a volatile year for its stock price. Barrons.com · Sep 1, 12:26 PM ETPalo Alto Networks beats Q4 earnings on AI security demand Palo Alto Networks Inc (NYSE:PANW, XETRA:5AP) reported fiscal fourth-quarter revenue and profit that topped analyst estimates, as the cybersecurity company closed out its fiscal year with a nearly $1 billion jump in net new next-generation security annual recurring revenue. Revenue came in at... Proactive · Sep 1, 4:35 PM ET
- Micron Technology MUSPXNDX -2.64%Micron’s Workers Are Threatening to Strike. What It Means for the Stock. Micron stock was slipping as unions push for a greater share of the memory-chip company's profits. Barrons.com · Sep 1, 1:28 PM ETMicron shares slide following Taiwan incentive pay report and tech sector sell-off Investing.com -- Micron Technology (NASDAQ:MU) shares fell 1.8% in premarket trading Tuesday, dragged down by reports that the company plans to increase incentive payments to its Taiwan-based employees alongside broader headwinds as higher interest rates weighed on technology stocks. Investing.com · Sep 1, 8:45 AM ET
- Hewlett Packard Enterprise Company HPESPX -2.62%HPE vs Snowflake: Here’s Why the Dividend Play Beats the Growth Stock HPE and Snowflake report earnings the same night, forcing a direct choice between two very different bets on enterprise tech. For retirement-focused investors, the gap between these two stocks runs much deeper than dividends versus growth. 24/7 Wall St. · Sep 1, 8:10 AM ET
- Apple Inc. AAPLSPXNDX +2.61%Apple shares climb as Ternus era begins Apple Inc (NASDAQ:AAPL, XETRA:APC) shares climbed 2.7% as John Ternus officially became chief executive, succeeding Tim Cook. Ternus, previously Apple's senior vice president of hardware engineering, was announced as Cook's successor in April 2026. Cook will remain with the company as... Proactive · Sep 1, 2:15 PM ETApple’s $4 Trillion Handoff: Cook Steps Down, Ternus Steps Up Under CEO Tim Cook, Apple added $4.32 trillion in market cap. John Ternus, senior vice president of hardware engineering, takes over on Tuesday. Barrons.com · Sep 1, 1:24 PM ET
Consumer Discretionary
- Tesla, Inc. TSLASPXNDX -3.22%Tesla Touts Full Self-Driving as 4.1X Less Likely to Crash as Europe Weighs Wider Approval Tesla Inc. (NASDAQ:TSLA) said Tuesday that its Full Self-Driving Supervised software was 4.1 times less likely to be involved in a collision than manually driven Teslas in Europe, as the EV maker pushes for wider approval across the continent.Tesla Europe... Benzinga Prediction Markets · Sep 1, 2:30 PM ETTesla Cybercab Hype Is Out of Control—but Can It Save the Stock? FEATURE Tesla stock started the week with a bang, rising 5.5% on Monday. Investors’ optimism wasn’t easy to explain. The likeliest reason, according to Future Fund co-founder Gary Black, was robo-taxis. Barrons.com · Sep 1, 12:23 PM ET
Financials
- Interactive Brokers IBKRSPX -7.09%Why Interactive Brokers Stock Tumbled on Tuesday A dose of uncertainty from Wall Street weighed on the shares. Motley Fool · Sep 1, 2:43 PM ET
Health Care
- Moderna MRNASPX +9.93%Moderna (MRNA) Soars 156% in August — Here’s What Propelled The Rally Moderna Inc. (NASDAQ:MRNA) saw its share price soar by 156 percent in August—making it the highest-gaining stock for the month—driven primarily by the strong clinical trial results of its therapy candidate for melanoma, supported by a recent regulatory approval for its updated COVID-19 vaccines. Insider Monkey · Sep 1, 1:44 AM ETGSK hopes to take on Moderna as it moves mRNA flu vaccine to Phase III trial The company progresses its mRNA-based candidate just under a month after Moderna won FDA approval for the first seasonal flu mRNA vaccine. Clinical Trials Arena · Sep 1, 11:12 AM ET
- Medtronic plc MDTSPX +1.53%Medtronic Tops Earnings Estimates and Makes $700M Robot Surgeon Investment. Is It Gaining on Intuitive Surgical? Medtronic stock advances after the company posts better-than-expected quarterly earnings, raises revenue guidance, and announces a $700 million investment. Barrons.com · Sep 1, 2:35 PM ETMedtronic Raises Full-Year Outlook Following Fiscal First-Quarter Beat Medtronic (MDT) lifted its full-year outlook on Tuesday as the medical-device maker reported better-… MT Newswires · Sep 1, 9:09 AM ET
Industrials
- Howmet Aerospace HWMSPX +4.06%SpaceX Sends Howmet Stock Tumbling -- Bernstein Sees a Buying Opportunity Bernstein Defends Howmet After SpaceX Turbine Move. Stock Target Jumps to $328… GuruFocus.com · Sep 1, 8:12 AM ET
Consumer Staples
- Bunge Global BGSPX +4.16%Why Bunge Global (BG) Stock Is Up Today Shares of global agribusiness company Bunge Global (NYSE:BG) jumped 2.8% in the afternoon session after the company announced an agreement to sell two of its Brazilian sugarcane mills to COFCO International. StockStory · Sep 1, 3:38 PM ET
- Brown Forman Corporation BF-BSPX -0.79%Brown-Forman's Challenging First-Quarter Setup Likely Pressured Revenue, RBC Says Brown-Forman's (BF.A, BF.B) challenging fiscal first-quarter setup likely pressured its top-line ami… MT Newswires · Sep 1, 12:02 PM ET
Utilities
- Edison International EIXSPX +8.93%PG&E Stock, Edison International Rise as California Lawmakers Kill Wildfire Bill PG&E stock rises after a report that California lawmakers kill a key wildfire bill that didn’t include liability protection for utilities. Barrons.com · Sep 1, 3:09 PM ET
- PG&E Corporation PCGSPX +5.95%PG&E Shares Trim Losses Ahead of High-Stakes Wildfire Bill Vote PG&E and Edison International both rise with California lawmakers expected to vote on wildfire legislation that doesn’t include liability protection for utilities. Barrons.com · Sep 1, 1:27 PM ETPG&E Stock, Edison International Rise as California Lawmakers Kill Wildfire Bill PG&E stock rises after a report that California lawmakers kill a key wildfire bill that didn’t include liability protection for utilities. Barrons.com · Sep 1, 3:09 PM ET
Moved more than 3% with no company-specific item clearing the relevance bar: AXON -8.52% · CDNS -7.60% · ODFL -6.48% · COIN -6.01% · HPQ +4.33% · CF +4.28% · DLTR +4.04%.
The day ahead
Economic calendar
| Time | Release | Impact | Consensus | Previous |
|---|---|---|---|---|
| 07:00 ET | MBA 30-Year Mortgage Rate | Medium | — | — |
| 08:15 ET | ADP Employment Change | Medium | — | 44000 |
| 10:00 ET | Factory Orders Month-over-Month | Medium | — | -0.3 |
| 10:30 ET | EIA Weekly Crude Oil Inventory | Medium | — | — |
| 10:30 ET | EIA Weekly Gasoline Inventory | Medium | — | — |
Reporting today
Before the open: BF-B (cons. 0.38)
After the close: AVGO (cons. 2.83) · HPE (cons. 0.82) · NTAP (cons. 1.72)
Overnight and across markets
Asia and Europe
| Market | Level | Change | As of |
|---|---|---|---|
| Nikkei 225 | 64,325.64 | -1,889.70 (-2.85%) | 2026-09-02 |
| Hang Seng | 25,311.21 | -18.52 (-0.07%) | 2026-09-02 |
| Shanghai Composite | 3,941.39 | -38.50 (-0.97%) | 2026-09-02 |
| Euro Stoxx 50 | 6,358.70 | -10.28 (-0.16%) | 2026-09-02 |
| DAX | 25,847.67 | -122.44 (-0.47%) | 2026-09-02 |
| FTSE 100 | 10,755.59 | -33.71 (-0.31%) | 2026-09-02 |
Commodities, currencies and rates
| Market | Level | Change | As of |
|---|---|---|---|
| WTI crude | 89.65 | -0.57 (-0.63%) | 2026-09-02 |
| Gold | 4,373.60 | +25.60 (+0.59%) | 2026-09-02 |
| EUR/USD | 1.1578 | -0.0040 (-0.34%) | 2026-09-02 |
| USD/JPY | 159.68 | -0.06 (-0.04%) | 2026-09-02 |
| US 10-year yield | 4.80% | +0.04 (+0.80%) | 2026-09-01 |
Where the indices sit
Three months of closes, headline indices rebased to 100.
What carried the session
Proxy: dollar-volume share among members that printed, times the move. Not official index weight.
| Ticker | Name | Session | Contribution |
|---|---|---|---|
| MUSPXNDX | Micron Technology | -2.64% | -15.8 bp |
| AAPLSPXNDX | Apple Inc. | +2.61% | +10.4 bp |
| DELLSPX | Dell Technologies | -6.80% | -9.9 bp |
| TSLASPXNDX | Tesla, Inc. | -3.22% | -9.6 bp |
| MRNASPX | Moderna | +9.93% | +9.2 bp |
| NVDASPXNDX | Nvidia | -1.51% | -8.2 bp |
| SNDKSPXNDX | Sandisk | -1.90% | -7.9 bp |
| CRWDSPXNDX | CrowdStrike | -6.90% | -4.7 bp |
Breadth and sectors
Sector moves equal-weighted across members that printed.
| Sector | Average member move | Members |
|---|---|---|
| Energy | +0.98% | 21 |
| Utilities | +0.89% | 31 |
| Consumer Staples | +0.40% | 34 |
| Health Care | +0.03% | 59 |
| Real Estate | -0.15% | 30 |
| Materials | -0.90% | 25 |
| Communication Services | -0.92% | 24 |
| Financials | -1.08% | 76 |
| Consumer Discretionary | -1.26% | 47 |
| Industrials | -1.63% | 83 |
| Information Technology | -2.10% | 73 |
Largest moves
Risers
| Ticker | Name | Session |
|---|---|---|
| MRNASPX | Moderna | +9.93% |
| EIXSPX | Edison International | +8.93% |
| PCGSPX | PG&E Corporation | +5.95% |
| HPQSPX | HP Inc. | +4.33% |
| CFSPX | CF Industries | +4.28% |
| BGSPX | Bunge Global | +4.16% |
| HWMSPX | Howmet Aerospace | +4.06% |
| DLTRSPX | Dollar Tree | +4.04% |
Fallers
| Ticker | Name | Session |
|---|---|---|
| AXONSPXNDX | Axon Enterprise | -8.52% |
| CDNSSPXNDX | Cadence Design Systems | -7.60% |
| IBKRSPX | Interactive Brokers | -7.09% |
| CRWDSPXNDX | CrowdStrike | -6.90% |
| DELLSPX | Dell Technologies | -6.80% |
| ODFLSPXNDX | Old Dominion | -6.48% |
| MSTRNDX | Strategy Inc | -6.06% |
| COINSPX | Coinbase | -6.01% |
Earnings reported in the session
Beat and miss shown only where consensus and actual are both published.
| Ticker | Name | Slot | EPS est. | Reported | Surprise | Result |
|---|---|---|---|---|---|---|
| PANW | Palo Alto Networks, Inc. | After close | 0.51 | — | — | — |
| DELL | Dell Technologies Inc. | After close | 4.72 | — | — | — |
| MDT | Medtronic plc | Before open | 1.38 | — | — | — |
Headlines in the session window
- Vanguard’s S&P 500 index fund changed how we invest — but there may be a smarter way to get a piece of the marketMarketWatch
- S&P 500, NASDAQ Futures Fall as Investors Await Key US Jobs Data - Analytics InsightGoogle News US
- Scott Bessent Calls Japan's BOJ Chief His 'Longtime Friend' - State Street SPDR S&P 500 ETF Trust (ARCA:S - BenzingaGoogle News Japan
- Tactical Resources to Ring the Nasdaq Closing BellFinancial Post
- S&P/TSX composite down nearly 450 points, U.S. stock markets also lower - Investment ExecutiveGoogle News Canada
Fed and macro
- ISM Manufacturing PMI Index2026-09-01 · High impact
- JOLTs Job Openings Level2026-09-01 · High impact
- ISM Manufacturing PMI Index2026-09-01 · High impact
- JOLTs Job Openings Level2026-09-01 · High impact
What to watch
Four universe names on the next earnings calendar (AVGO, HPE, NTAP, BF-B) · scheduled US macro: ISM Manufacturing PMI Index (2026-09-01); JOLTs Job Openings Level (2026-09-01); ISM Manufacturing PMI Index (2026-09-01).
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