US Equities · Pre-Open Briefing
S&P 500 rose 1.06%, Nasdaq rose 1.40%
September 4, 2026
The September 3, 2026 cash session, and what is scheduled today
The S&P 500 rose 1.06% to 7,747.71 and the Nasdaq Composite rose 1.40% to 26,584.06, with the Nasdaq-100 up 1.16%.
Breadth340 up / 161 down
LeadershipNasdaq-100 by 0.11pp
Member coverage100%
Futures now
Ahead of the open, S&P 500 futures are up 0.08%, Nasdaq 100 futures up 0.49%, Dow futures down 0.05% and Russell 2000 futures up 0.05% against their previous settlement. In Asia, the Nikkei 225 is up 1.26%, the Hang Seng up 1.74% and the Shanghai Composite down 0.30%. In Europe, the Euro Stoxx 50 is up 0.13%, the DAX up 0.34% and the FTSE 100 little changed. Across markets, WTI is down 0.65% at 90.71, Gold is up 0.51% at 4,514.50, the US 10-year yield is at 4.76% and EUR/USD is up 0.36% at 1.1627.
| Market | Level | Change | As of |
|---|---|---|---|
| S&P 500 futures | 7,760.75 | +6.00 (+0.08%) | 2026-09-04 |
| Nasdaq 100 futures | 29,670.25 | +145.50 (+0.49%) | 2026-09-04 |
| Dow futures | 53,717.00 | -28.00 (-0.05%) | 2026-09-04 |
| Russell 2000 futures | 2,971.30 | +1.60 (+0.05%) | 2026-09-04 |
Where the tape closed
S&P 500
7,747.71
+81.11 (+1.06%)
5d +0.22% · 1m +0.31%
Nasdaq Composite
26,584.06
+366.23 (+1.40%)
5d +0.16% · 1m +0.84%
Nasdaq-100
29,482.32
+338.99 (+1.16%)
5d -0.54% · 1m -0.02%
VIX
14.32
-0.88 (-5.79%)
5d -1.31% · 1m -9.42%
The Session
Of the 503 S&P 500 members that printed, 340 rose and 161 fell. Financials led the sector table at +2.03% on an equal-weighted basis and Materials sat at the bottom at -0.89%. Tesla, Inc. (TSLA) rose 5.42% and carried the largest share of the weighted index move. The VIX fell 5.79% to 14.32. Two universe names reported on the session.
World news
- Global Bond Markets Take a BreatherWSJ Markets
- Vance says Hormuz oil flow near pre-war levels, China willing to help isolate Iran - Al Arabiya EnglishGoogle News GCC Pubs
- Crude oil nears $97 a barrel, diesel at highest since 2022Yahoo Finance
- 'Secretive' UAE and Swiss-based firms reportedly major crude suppliers to IsraelMiddle East Eye
- Zero-tariff policy to fuel Egypt's trade expansionglobal.chinadaily.com.cn
Sector news breakdown
Information Technology
- Strategy Inc MSTRNDX +17.56%Strategy CEO Doesn't Foresee More Bitcoin Sales Ahead of ‘Pretty Heavy Bull Market’ — Defends Selling BTC Low, Buying High Strategy Inc. CEO Phong Le defended on Tuesday the company’s decision to sell Bitcoin at lower price levels and later acquire it at higher prices. Strategy Defends Corporate Moves During an interview with Bloomberg Television, Le was asked about the... Benzinga · Sep 3, 2:01 PM ET
- Ciena CIENSPX -10.36%Ciena Lifts Fiscal 2026 Revenue Outlook as Third-Quarter Results Top Street Views Ciena (CIEN) raised its full-year revenue outlook on Thursday as the networking systems and software… MT Newswires · Sep 3, 9:03 AM ETWhy Ciena Stock Just Crashed Priced at a staggering 120 times earnings, is Ciena stock worth the risk? Motley Fool · Sep 3, 2:06 PM ET
- Palantir Technologies PLTRSPXNDX +7.71%Why Palantir Stock Bounced Back Today Palantir stock looks expensive, yes, but given its growth rate, is it really overpriced? Motley Fool · Sep 3, 10:47 AM ETPalantir Expands PwC Strategic Alliance to Scale Enterprise AI Across Core Business Operations The expanded collaboration targets enterprise AI deployment, M&A transformation and ERP modernization, giving Palantir Technologies Inc. (NASDAQ:PLTR) a broader route for embedding its platforms into complex corporate workflows. InvestorsHub · Sep 3, 10:00 AM ET
- ServiceNow NOWSPX +6.49%ServiceNow Just Rallied 28% in a Month: Take Profits, or Buy More? ServiceNow surged nearly 30% in a month without releasing a single earnings report, leaving investors caught between locking in gains and betting the sector re-rating still has room to run. 24/7 Wall St. · Sep 3, 3:30 PM ET
- Dell Technologies DELLSPX +4.91%Michael Dell's Wealth Surges Past $100B in 2026 as Dell Stock Hits Record Highs Shares of Dell Technologies (NYSE:DELL) are trading higher Thursday and hit new all-time highs thanks to strong second-quarter financial results. The higher share price is good news for Dell CEO Michael Dell, who continues to climb the billionaires leaderboard in 2026. Benzinga · Sep 3, 3:18 PM ETDell Earnings Surge: Is It the Next Big AI Stock to Buy in 2026? Dell Technologies' AI surge is fueling record server growth, a $95B backlog and higher FY2027 guidance, strengthening its case as an AI investment. Zacks · Sep 3, 3:00 PM ET
- Broadcom AVGOSPXNDX -2.74%Why Broadcom (AVGO) Stock Is Nosediving Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 5.8% in the morning session after the company reported second-quarter 2026 financial results that failed to impress as its sales outlook for the next quarter fell below Wall Street’s expectations. StockStory · Sep 3, 5:03 PM ETBroadcom Delivered Bullish AI Commentary on Fiscal 2027, 2028 Revenue Outlook, Demand Visibility, UBS Says Broadcom (AVGO) reported incrementally bullish artificial intelligence commentary around its fiscal… MT Newswires · Sep 3, 3:15 PM ET
- Microsoft MSFTSPXNDX +2.68%Microsoft Spotlights AI and Cloud With New Reporting Structure. It’s a Big Deal. Microsoft will provide more visibility into its Azure cloud-computing business with its new reporting structure. Barrons.com · Sep 3, 11:11 AM ET⚡Flash Heard: Microsoft Unveils a New Black Box for Investors Microsoft is rejiggering its financial reporting—and while some of the changes will lead to more transparency, others will do the opposite. On the bright side, after years of complaints by investors, Microsoft will finally report revenue in actual dollars for Azure, its flagship cloud platform and… The Wall Street Journal · Sep 3, 10:19 AM ET
Communication Services
- Meta Platforms METASPXNDX +3.01%Meta says new Muse Spark 1.3 model rivals Anthropic, OpenAI offerings Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) shares climbed more than 4% on Thursday after the company unveiled an upgraded version of its flagship AI model, which its AI chief says now matches offerings from Anthropic and OpenAI. The new model, Muse Spark 1.3, marks Meta's "biggest... Proactive · Sep 3, 11:55 AM ETWhy Is Meta Stock Up Today? Meta's new AI model is the reason its shares are rising. The bigger question is whether its costly AI push can produce products people actually want. Motley Fool · Sep 3, 3:41 PM ET
Consumer Discretionary
- Tesla, Inc. TSLASPXNDX +5.42%Dow Jones Futures: Stocks Jump On Fed's Waller; Tesla Cybercab, Jobs Report In Focus The stock market jumped above key levels Thursday, buoyed by Snowflake and dovish Fed comments. A Tesla Cybercab event and jobs report are on tap. Investor's Business Daily · Sep 3, 4:59 PM ETTesla Is Unveiling Its Cybercab Tonight. The Stock Needs More Than Demonstration Rides. Tesla, the electric-vehicle maker, hosts a Cybercab event on Thursday in Austin, Texas. The event could include the introduction of a Cybercab without a steering wheel. It’s taken Tesla a while, but it finally looks ready to dispense with the steering wheel at its Cybercab event this evening. Barrons.com · Sep 3, 4:13 PM ET
- lululemon athletica inc. LULUSPX +1.42%Lululemon Cuts Outlook Again as New CEO’s Challenges Grow Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, signaling deep challenges for incoming Chief Executive Officer Heidi O’Neill. Bloomberg · Sep 3, 4:09 PM ETLululemon Athletica’s Stock Falls After Quarterly Sales, Guidance Miss Lululemon Athletica best known for its yoga clothes and other specialty athleticwear, reported quarterly revenue that fell short of expectations. For its second fiscal quarter ended in July, Lululemon reported sales of $2.4 billion, below the $2.458 billion Wall Street expected, and down from… Barrons.com · Sep 3, 4:46 PM ET
Financials
- Robinhood Markets HOODSPX +16.57%Robinhood Stock Soars Thanks to Wall Street Upgrades, Platform Expansion Shares of Robinhood jumped 16.6% Thursday on a more favorable outlook for the company and after several analysts published positive reports about the brokerage firm’s stock in recent days. Analysts from Morgan Stanley and Scotiabank upgraded Robinhood this week. Barrons.com · Sep 3, 4:28 PM ETWhy Robinhood and Coinbase Are the Top S&P 500 Stocks Today Robinhood and Coinbase rally as the price of Bitcoin surges to its highest level since May, fueled by easing Federal Reserve rate hike expectations. Barrons.com · Sep 3, 2:07 PM ET
- Coinbase COINSPX +10.14%Why Robinhood and Coinbase Are the Top S&P 500 Stocks Today Robinhood and Coinbase rally as the price of Bitcoin surges to its highest level since May, fueled by easing Federal Reserve rate hike expectations. Barrons.com · Sep 3, 2:07 PM ETThe Bull Case For Coinbase Global (COIN) Could Change Following Token-Backed Mortgages And Canadian Derivatives Launch In August 2026, Better Home & Finance Holding Company announced the general availability of its Coinbase-powered, token-backed conforming mortgage product, alongside a 1% closing-cost rebate of up to US$10,000 for Coinbase One members across mortgages, HELOCs, and refinances. Simply Wall St. · Sep 2, 10:11 PM ET
- Principal Financial Group PFGSPX +6.47%PFG Acquires Beam Benefits to Accelerate Specialty Benefits Growth Principal Financial's Beam Benefits acquisition expands its SMB reach, adding digital capabilities and supporting stronger Specialty Benefits growth. Zacks · Sep 3, 11:17 AM ET
Health Care
- Boston Scientific BSXSPX -2.94%Boston Scientific (BSX) Issues Multiple Worldwide Product Recalls Boston Scientific (NYSE: BSX) has initiated multiple worldwide product recalls, including a Class I recall of its ENROUTE Transcarotid Neuroprotection System due to risks of arterial sheath tip separation. Simply Wall St. · Sep 3, 12:16 PM ET
Industrials
- Space Exploration Technologies Corp. SPCXNDX +6.42%Elon Musk Recalls SpaceX Nearly Failing After 3 Rocket Launches: ‘If the 4th Launch Had Failed, SpaceX Would Not Exist’ While Space Exploration Technologies Corp. is one of the biggest enterprises in the world today, this was not always the case, as CEO Elon Musk shared how repeated initial launch failures cast uncertainty over the future of the commercial spaceflight... Benzinga · Sep 3, 5:46 AM ETSpaceX Starship Test 14 Could Be Days Away. Why the Stock Needs It to Go Well. SpaceX Starship test number 14 could be days away. Starship, SpaceX’s fully reusable rocket, is the largest ever built by humans, standing about 400 feet tall. Its development is one of the most important things SpaceX investors can monitor. Barrons.com · Sep 3, 4:20 PM ET
- Axon Enterprise AXONSPXNDX +6.15%Reflecting On Aerospace and Defense Stocks’ Q2 Earnings: Axon (NASDAQ:AXON) Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Axon (NASDAQ:AXON) and its peers. StockStory · Sep 2, 10:28 PM ET
Consumer Staples
- Tyson Foods TSNSPX -7.26%Campbell Cuts Dividend, Tyson Slashes Outlook as Food Stocks Get Crushed Campbell’s reports weaker-than-expected quarterly earnings, while Tyson Foods lowers its revenue growth forecast citing volatile cattle prices and squeezed margins. Barrons.com · Sep 3, 2:56 PM ET🔎 Under the Radar: Tyson Stock Plunges as Beef Business Weighs on Outlook Shares of Tyson Foods slumped 7% Thursday after the meatpacker said it expects steeper losses in its beef business for the fiscal year. With its fiscal year ending this month, the company now says it plans to lose between $625 million and $775 million in its beef business. The Wall Street Journal · Sep 3, 10:30 AM ET
- General Mills GISSPX -3.25% · Kraft Heinz KHCSPXNDX -3.20%Campbell’s Slides 9% on 36% Dividend Cut, General Mills Falls 4%, Kraft Heinz Drops 3% Campbell's just slashed its dividend and reset guidance well below Wall Street's bar, and the fallout is spreading fast to peers that haven't reported a single number yet. 24/7 Wall St. · Sep 3, 1:25 PM ET
Moved more than 3% with no company-specific item clearing the relevance bar: CHTR -4.77% · ALB -4.06%.
The day ahead
Economic calendar
| Time | Release | Impact | Consensus | Previous |
|---|---|---|---|---|
| 08:30 ET | Payroll Jobs Growth | High | — | -23000 |
| 08:30 ET | Unemployment Rate | High | — | 4.1 |
| 08:30 ET | Annual Wage Growth | Medium | — | 3.2 |
| 08:30 ET | Labor Force Participation | Medium | — | 61.4 |
| 08:30 ET | Monthly Wage Growth | Medium | — | 0.1 |
Reporting today
No universe name on the reporting calendar for today.
Overnight and across markets
Asia and Europe
| Market | Level | Change | As of |
|---|---|---|---|
| Nikkei 225 | 65,020.94 | +806.46 (+1.26%) | 2026-09-04 |
| Hang Seng | 25,650.87 | +437.56 (+1.74%) | 2026-09-04 |
| Shanghai Composite | 3,930.12 | -11.97 (-0.30%) | 2026-09-04 |
| Euro Stoxx 50 | 6,390.98 | +8.39 (+0.13%) | 2026-09-04 |
| DAX | 26,091.45 | +88.13 (+0.34%) | 2026-09-04 |
| FTSE 100 | 10,829.36 | -2.14 (-0.02%) | 2026-09-04 |
Commodities, currencies and rates
| Market | Level | Change | As of |
|---|---|---|---|
| WTI crude | 90.71 | -0.59 (-0.65%) | 2026-09-04 |
| Gold | 4,514.50 | +22.80 (+0.51%) | 2026-09-04 |
| EUR/USD | 1.1627 | +0.0041 (+0.36%) | 2026-09-04 |
| USD/JPY | 156.18 | -2.75 (-1.73%) | 2026-09-04 |
| US 10-year yield | 4.76% | -0.03 (-0.71%) | 2026-09-03 |
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 |
|---|---|---|---|
| TSLASPXNDX | Tesla, Inc. | +5.42% | +28.4 bp |
| HOODSPX | Robinhood Markets | +16.57% | +23.6 bp |
| AVGOSPXNDX | Broadcom | -2.74% | -13.1 bp |
| NVDASPXNDX | Nvidia | +1.80% | +12.1 bp |
| PLTRSPXNDX | Palantir Technologies | +7.71% | +11.9 bp |
| DELLSPX | Dell Technologies | +4.91% | +11.4 bp |
| METASPXNDX | Meta Platforms | +3.01% | +7.7 bp |
| MSFTSPXNDX | Microsoft | +2.68% | +7.2 bp |
Breadth and sectors
Sector moves equal-weighted across members that printed.
| Sector | Average member move | Members |
|---|---|---|
| Financials | +2.03% | 76 |
| Information Technology | +1.16% | 73 |
| Industrials | +1.03% | 83 |
| Utilities | +1.00% | 31 |
| Real Estate | +0.83% | 30 |
| Communication Services | +0.44% | 24 |
| Consumer Discretionary | +0.41% | 47 |
| Health Care | +0.13% | 59 |
| Energy | -0.63% | 21 |
| Consumer Staples | -0.82% | 34 |
| Materials | -0.89% | 25 |
Largest moves
Risers
| Ticker | Name | Session |
|---|---|---|
| MSTRNDX | Strategy Inc | +17.56% |
| HOODSPX | Robinhood Markets | +16.57% |
| COINSPX | Coinbase | +10.14% |
| PLTRSPXNDX | Palantir Technologies | +7.71% |
| NOWSPX | ServiceNow | +6.49% |
| PFGSPX | Principal Financial Group | +6.47% |
| SPCXNDX | Space Exploration Technologies Corp. | +6.42% |
| AXONSPXNDX | Axon Enterprise | +6.15% |
Fallers
| Ticker | Name | Session |
|---|---|---|
| CIENSPX | Ciena | -10.36% |
| TSNSPX | Tyson Foods | -7.26% |
| CHTRSPX | Charter Communications | -4.77% |
| ALBSPX | Albemarle Corporation | -4.06% |
| GISSPX | General Mills | -3.25% |
| KHCSPXNDX | Kraft Heinz | -3.20% |
| DOWSPX | Dow Inc. | -2.94% |
| BSXSPX | Boston Scientific | -2.94% |
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 |
|---|---|---|---|---|---|---|
| CIEN | Ciena Corporation | Before open | 1.46 | — | — | — |
| LULU | lululemon athletica inc. | After close | 1.79 | — | — | — |
Headlines in the session window
- How to invest in a booming stock market that’s way cheaper than the S&P 500MarketWatch
- Stocks, Bonds Rise as Fed-Hike Bets Ease on WallerBloomberg Markets
- Dow, S&P 500, Nasdaq Futures Tread Water As August Jobs Data Looms: TSLA, LULU, PL, CRDO Stocks In Focus - TradingViewGoogle News US
- lululemon athletica inc. Announces Second Quarter Fiscal 2026 ResultsFinancial Post
Fed and macro
- Services Sector PMI2026-09-03 · High impact
- Services Sector PMI2026-09-03 · High impact
- Waller Says August CPI Is Key to a Rate DecisionBloomberg Markets
- U.S. Federal Reserve Chairman Kevin Wash's Jackson Hole debut stage speech is a big variable, reduci.. - 매일경제Google News US
- US Jobs Report August 2026: Live News on Employment, PayrollsBloomberg Economics
- Rate Rise in Play as Fed Officials Await Inflation DataNY Times Business
What to watch
scheduled US macro: Services Sector PMI (2026-09-03); Services Sector PMI (2026-09-03).
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