US Equities · Pre-Open Briefing
S&P 500 fell 0.38%, Nasdaq fell 0.29%
September 7, 2026
The September 4, 2026 cash session, and what is scheduled today
The S&P 500 fell 0.38% to 7,718.60 and the Nasdaq Composite fell 0.29% to 26,506.99, with the Nasdaq-100 up 0.21%.
Breadth174 up / 328 down
LeadershipNasdaq-100 by 0.59pp
Member coverage100%
Futures now
Ahead of the open, S&P 500 futures are little changed, Nasdaq 100 futures little changed, Dow futures little changed and Russell 2000 futures little changed against their previous settlement. In Asia, the Nikkei 225 is up 2.12%, the Hang Seng down 0.93% and the Shanghai Composite up 0.07%. In Europe, the Euro Stoxx 50 is down 0.26%, the DAX down 0.43% and the FTSE 100 up 0.11%. Across markets, WTI is little changed at 91.48, Gold is up 1.06% at 4,476.60, the US 10-year yield is at 4.78% and EUR/USD is little changed at 1.1628.
| Market | Level | Change | As of |
|---|---|---|---|
| S&P 500 futures | 7,722.00 | +0.00 (+0.00%) | 2026-09-07 |
| Nasdaq 100 futures | 29,565.25 | +0.00 (+0.00%) | 2026-09-07 |
| Dow futures | 53,440.00 | +0.00 (+0.00%) | 2026-09-07 |
| Russell 2000 futures | 2,976.60 | +0.00 (+0.00%) | 2026-09-07 |
Where the tape closed
S&P 500
7,718.60
-29.11 (-0.38%)
5d +0.09% · 1m +0.11%
Nasdaq Composite
26,506.99
-77.07 (-0.29%)
5d +0.40% · 1m +0.60%
Nasdaq-100
29,544.15
+61.83 (+0.21%)
5d +0.38% · 1m +0.58%
VIX
14.53
+0.21 (+1.47%)
5d +0.69% · 1m -4.09%
The Session
Of the 503 S&P 500 members that printed, 174 rose and 328 fell. Industrials led the sector table at +0.28% on an equal-weighted basis and Communication Services sat at the bottom at -1.55%. Sandisk (SNDK) rose 11.90% and carried the largest share of the weighted index move. The VIX rose 1.47% to 14.53.
Sector news breakdown
Information Technology
- Fair Isaac FICOSPX -16.68%Why Fair Isaac Stock Crashed Today U.S. Federal Housing Finance Agency Director Bill Pulte thinks FICO is making too much money. Motley Fool · Sep 4, 12:17 PM ET
- Sandisk SNDKSPXNDX +11.90%Sandisk Stock Is Down, but Analysts Aren’t Backing Away From the Bull Case Despite the pullback, analysts have maintained their bullish outlook for Sandisk stock as the company continues to benefit from AI-led demand for storage solutions. Barchart · Sep 4, 9:46 AM ETMicron, SanDisk Jump 4% Even as Hot Jobs Report Briefly Flips Fed Hike Odds Above 50% Micron Technology Inc. (NASDAQ:MU) and SanDisk Corp. (NASDAQ:SNDK) jumped Friday even as a surprisingly strong jobs report sent Treasury yields higher and revived the case for a Federal Reserve rate hike. Micron rose 5% and SanDisk 8% in early trading,... Benzinga Prediction Markets · Sep 4, 11:10 AM ET
- Astera Labs, Inc. ALABNDX +9.75%Bloom Energy, Astera Rally On Hopes They Will Join S&P Friday; Who Else Could Be Added Bloom Energy Corp. Astera Labs Cheniere Energy and Everpure top a list of companies that could be added to the S&P 500 as part of the index’s quarterly rebalancing that will occur later this month. Barrons.com · Sep 4, 12:01 PM ET
- Marvell Technology MRVLSPXNDX +7.05%Why Marvell Stock Rallied Today The chipmaker got a lift from a sizable acquisition in the AI space. Motley Fool · Sep 4, 1:21 PM ET
- Adobe Inc. ADBESPXNDX -6.73%Adobe’s New CEO Is an Inside Hire. Wall Street Isn’t Pleased. Adobe stock fell after the company announced that Anil Chakravarthy will take over as CEO from Shantanu Narayen in December. Barrons.com · Sep 4, 2:16 PM ETAdobe stock drops on surprise CEO transition Adobe Inc (NASDAQ:ADBE) shares were down 6.5% on Friday after the company announced a major leadership shake-up, naming Anil Chakravarthy as its next chief executive to succeed longtime CEO Shantanu Narayen. Chakravarthy, currently president of Adobe's digital experience business, will take... Proactive · Sep 4, 11:35 AM ET
- Micron Technology MUSPXNDX +6.10%Micron Stock Could Close Above $1,000. Why It’s Not What It Seems. Investors on Friday were pushing shares of Micron Technology toward closing above $1,000 for the first time since mid-August following the release of OpenAI’s latest artificial-intelligence model and as the AI-trade picked up momentum. Barrons.com · Sep 4, 1:40 PM ETMicron, SanDisk Jump 4% Even as Hot Jobs Report Briefly Flips Fed Hike Odds Above 50% Micron Technology Inc. (NASDAQ:MU) and SanDisk Corp. (NASDAQ:SNDK) jumped Friday even as a surprisingly strong jobs report sent Treasury yields higher and revived the case for a Federal Reserve rate hike. Micron rose 5% and SanDisk 8% in early trading,... Benzinga Prediction Markets · Sep 4, 11:10 AM ET
- Advanced Micro Devices AMDSPXNDX +4.69%Cathie Wood Cuts AMD and Puts $53 Million Into Nvidia ARK Invest shifted its semiconductor exposure after Nvidia's latest earnings, selling about $72.8 million of AMD while adding to Nvidia. GuruFocus.com · Sep 4, 9:34 AM ET
Communication Services
- Nebius Group N.V. NBISNDX +7.48%Will Nebius Group's Mega AI Deals Power Its 2027 Growth Story? NBIS is building toward 2027 growth as multibillion-dollar AI cloud deals, premium pricing and major capacity expansion strengthen its revenue outlook. Zacks · Sep 4, 10:46 AM ET
Consumer Discretionary
- Lululemon Athletica LULUSPX -17.38%Lululemon's Soft Fiscal Q2, Lowered 2026 Outlook Prompt Caution, Oppenheimer Says Lululemon Athletica (LULU) reported softer-than-planned fiscal Q2 results and lowered its fiscal 202… MT Newswires · Sep 4, 11:01 AM ETLululemon Stock Has Plunged. Why It Faces a Long Road to Recovery. Lululemon’s incoming CEO Heidi O’Neill will take over next week. She’ll lead a company whose stock has lost more than half its value this year. Barrons.com · Sep 4, 1:20 PM ET
- Tesla, Inc. TSLASPXNDX -5.92%Why Tesla Stock Is Crashing Today Tesla Stock Hit by Fresh Regulatory Blow as NHTSA Investigates Cybercab… GuruFocus.com · Sep 4, 1:39 PM ETYou Can Take a Tesla Cybercab Later Today. The Stock Isn’t Feeling Any Excitement. The long-awaited public launch of the Cybercab has finally arrived but Tesla stock dropped after the company’s invite-only event on Thursday. Tesla teased a Cybercab event weeks ago, signaling the introduction of its purpose-built robo-taxis with no pedals or steering wheel. Barrons.com · Sep 4, 2:22 PM ET
Moved more than 3% with no company-specific item clearing the relevance bar: APH -47.79% · ADSK -8.26% · KLAC +7.32% · COHR +6.60% · NRG +6.42% · EFX -6.37% · STX +6.34% · PTC -6.04%.
The day ahead
Economic calendar
No medium- or high-impact US release scheduled.
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 | 66,399.84 | +1,378.90 (+2.12%) | 2026-09-07 |
| Hang Seng | 25,413.12 | -237.75 (-0.93%) | 2026-09-07 |
| Shanghai Composite | 3,932.70 | +2.58 (+0.07%) | 2026-09-07 |
| Euro Stoxx 50 | 6,376.50 | -16.43 (-0.26%) | 2026-09-07 |
| DAX | 25,933.42 | -112.98 (-0.43%) | 2026-09-07 |
| FTSE 100 | 10,843.06 | +11.96 (+0.11%) | 2026-09-07 |
Commodities, currencies and rates
| Market | Level | Change | As of |
|---|---|---|---|
| WTI crude | 91.48 | +0.00 (+0.00%) | 2026-09-07 |
| Gold | 4,476.60 | +46.80 (+1.06%) | 2026-09-07 |
| EUR/USD | 1.1628 | -0.0000 (-0.00%) | 2026-09-07 |
| USD/JPY | 154.67 | -0.99 (-0.63%) | 2026-09-07 |
| US 10-year yield | 4.78% | +0.02 (+0.46%) | 2026-09-04 |
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 |
|---|---|---|---|
| SNDKSPXNDX | Sandisk | +11.90% | +75.7 bp |
| MUSPXNDX | Micron Technology | +6.10% | +48.8 bp |
| TSLASPXNDX | Tesla, Inc. | -5.92% | -30.5 bp |
| LULUSPX | Lululemon Athletica | -17.38% | -14.7 bp |
| APHSPX | Amphenol | -47.79% | -9.9 bp |
| AMDSPXNDX | Advanced Micro Devices | +4.69% | +9.8 bp |
| INTCSPXNDX | Intel | +4.51% | +9.4 bp |
| MRVLSPXNDX | Marvell Technology | +7.05% | +7.4 bp |
Breadth and sectors
Sector moves equal-weighted across members that printed.
| Sector | Average member move | Members |
|---|---|---|
| Industrials | +0.28% | 83 |
| Utilities | +0.08% | 31 |
| Materials | -0.30% | 25 |
| Information Technology | -0.46% | 73 |
| Consumer Discretionary | -0.59% | 47 |
| Real Estate | -0.66% | 30 |
| Consumer Staples | -0.80% | 34 |
| Energy | -0.82% | 21 |
| Financials | -0.87% | 76 |
| Health Care | -0.92% | 59 |
| Communication Services | -1.55% | 24 |
Largest moves
Risers
| Ticker | Name | Session |
|---|---|---|
| SNDKSPXNDX | Sandisk | +11.90% |
| ALABNDX | Astera Labs, Inc. | +9.75% |
| NBISNDX | Nebius Group N.V. | +7.48% |
| KLACSPXNDX | KLA Corporation | +7.32% |
| MRVLSPXNDX | Marvell Technology | +7.05% |
| COHRSPX | Coherent Corp. | +6.60% |
| NRGSPX | NRG Energy | +6.42% |
| STXSPXNDX | Seagate Technology | +6.34% |
Fallers
| Ticker | Name | Session |
|---|---|---|
| APHSPX | Amphenol | -47.79% |
| LULUSPX | Lululemon Athletica | -17.38% |
| FICOSPX | Fair Isaac | -16.68% |
| ADSKSPXNDX | Autodesk | -8.26% |
| ADBESPXNDX | Adobe Inc. | -6.73% |
| EFXSPX | Equifax | -6.37% |
| PTCSPX | PTC Inc. | -6.04% |
| TSLASPXNDX | Tesla, Inc. | -5.92% |
Earnings reported in the session
Beat and miss shown only where consensus and actual are both published.
No universe names in the earnings feed for this session.
Headlines in the session window
Fed and macro
- Payroll Jobs Growth2026-09-04 · High impact
- Unemployment Rate2026-09-04 · High impact
- Payroll Jobs Growth2026-09-04 · High impact
- Unemployment Rate2026-09-04 · High impact
- Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.Federal Reserve
- U.S. Federal Reserve Chairman Kevin Wash's Jackson Hole debut stage speech is a big variable, reduci.. - 매일경제Google News US
- U.S. President Donald Trump is openly pressing the U.S. Federal Reserve (Fed) to cut its benchmark i.. - 매일경제Google News US
What to watch
scheduled US macro: Payroll Jobs Growth (2026-09-04); Unemployment Rate (2026-09-04); Payroll Jobs Growth (2026-09-04).
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