US Equities · Pre-Open Briefing
Stocks dip on oil and tariffs fears
September 16, 2026
The September 15, 2026 cash session, and what is scheduled today
The S&P 500 fell 0.45% to 7,585.73 and the Nasdaq Composite fell 0.78% to 25,981.57, with the Nasdaq-100 down 0.65%.
Breadth157 up / 345 down
LeadershipS&P 500 by 0.20pp
Member coverage100%
Futures now
Ahead of the open, S&P 500 futures are up 1.20%, Nasdaq 100 futures up 1.57%, Dow futures up 1.06% and Russell 2000 futures up 1.03% against their previous settlement. In Asia, the Nikkei 225 is up 0.69%, the Hang Seng up 0.19% and the Shanghai Composite up 0.71%. In Europe, the Euro Stoxx 50 is up 0.60%, the DAX up 0.36% and the FTSE 100 up 0.63%. Across markets, WTI is down 2.32% at 103.38, Gold is up 1.35% at 4,391.20 and EUR/USD is down 0.08% at 1.1539.
| Market | Level | Change | As of |
|---|---|---|---|
| S&P 500 futures | 7,680.00 | +90.75 (+1.20%) | 2026-09-16 |
| Nasdaq 100 futures | 29,410.00 | +455.00 (+1.57%) | 2026-09-16 |
| Dow futures | 52,669.00 | +554.00 (+1.06%) | 2026-09-16 |
| Russell 2000 futures | 2,902.80 | +29.70 (+1.03%) | 2026-09-16 |
Where the tape closed
S&P 500
7,585.73
-34.25 (-0.45%)
5d -1.14% · 1m -2.57%
Nasdaq Composite
25,981.57
-204.84 (-0.78%)
5d -1.66% · 1m -2.80%
Nasdaq-100
28,937.84
-189.32 (-0.65%)
5d -1.93% · 1m -3.69%
VIX
17.20
+0.10 (+0.58%)
5d +9.41% · 1m +13.23%
The Session
Of the 503 S&P 500 members that printed, 157 rose and 345 fell. Energy led the sector table at +1.83% on an equal-weighted basis and Consumer Discretionary sat at the bottom at -1.93%. Coinbase (COIN) fell 10.10% and carried the largest share of the weighted index move. The VIX rose 0.58% to 17.20.
World news
- US and China trade truce and tariffsBloomberg Economics
- Markets complacent on crude risk, says UBS Global Strategist Bhanu Baweja - Moneycontrol.comMoneycontrol IN (via GN)
- US oil stocks surge as Iran war disrupts global energy flows — API reports gains in crude, gasoline, distillate inventoriesGulf News
- <a href="https://www.thedailystar.net/business/news/bpc-looks-alternative-crude-markets-bab-el-mandeb-risks-rise-4273561" hreflang="en">BPC looks for alternative crude markets as Bab el-Mandeb risks rise</a>Daily Star BD
- Bangladesh targets $5bn footwear exports as Trump tariffs erode China’s US market sharethefinancialexpress.com.bd
- Trump steps up pressure on Canada as trade fight widens beyond tariffs - China DailyGoogle News CN Trade
Sector news breakdown
Information Technology
- Skyworks Solutions SWKSSPX +13.55%Skyworks gains 12% on Apple component hopes and Qorvo merger progress Skyworks Solutions Inc (NASDAQ:SWKS) rallied as Apple Inc (NASDAQ:AAPL, XETRA:APC) smartphone launch raised expectations for stronger component sales, while progress on its pending Qorvo Inc (NASDAQ:QRVO) merger eased deal uncertainty. The chipmaker's shares rose 12% to $89.06 in afternoon... Proactive · Sep 15, 1:34 PM ETSkyworks Solutions Stock Snaps Back From AI Selloff to Lead the S&P 500 Skyworks Solutions stock is the best-performing S&P 500 component on Tuesday as shares of the Apple supplier pick up momentum after a momentary blip on Monday. Barrons.com · Sep 15, 2:48 PM ET
- Strategy Inc MSTRNDX -5.36%Crypto Stocks MSTR, COIN, CRCL, HOOD Tumble 3-5% Ahead of CLARITY Act Senate Vote Crypto stocks sold off in pre-market trading Tuesday as investors pulled back ahead of a make-or-break Senate cloture vote on the CLARITY Act. Circle (CRCL) stock leads the drop, down more than 5.56%, while Strategy (MSTR), Coinbase (COIN), and Robinhood (HOOD) plunge nearly 3-4%. CoinGape · Sep 15, 6:46 AM ETStrategy Stops Buying Bitcoin and Drops $139M on STRC Instead Michael Saylor’s Strategy bought no Bitcoin for a second consecutive week, leaving its holdings unchanged at 845,050 BTC. Instead, the company spent $139.3 million repurchasing ... CCN · Sep 15, 8:02 AM ET
- Ciena CIENSPX +4.60%CIEN's New Venture Fund: Can it Turn AI Networking Into Growth Engine? Ciena's new $200 million venture program targets AI-driven networking, data centers and optical technologies as demand for connectivity surges. Zacks · Sep 15, 10:12 AM ET
- Qualcomm QCOMSPXNDX +4.25%Qualcomm Stock Jumps. Amazon AI Chip Deal Opens New Growth Avenue Qualcomm Stock Gets Bullish $270 Target as Amazon AI Deal Fuels Data Center Growth… GuruFocus.com · Sep 15, 3:35 PM ET
- Seagate Technology STXSPXNDX -4.19%Seagate, Skyworks Solutions, Semtech, Nova, and FormFactor Shares Are Falling, What You Need To Know A number of stocks fell in the afternoon session after the chief executives of Anthropic, OpenAI, and SpaceX publicly united to call for a deliberate slowdown in the development of frontier AI models over escalating safety risks. StockStory · Sep 14, 8:35 PM ET
- Oracle Corporation ORCLSPX -3.07%Oracle Stock Is on Pace for a 5-Day Losing Streak. This Is the Next Major Catalyst. Oracle stock falls and is on pace to close lower for a fifth consecutive trading session. A positive catalyst for the stock is upcoming. Barrons.com · Sep 15, 11:11 AM ET
- CrowdStrike CRWDSPXNDX +3.02%Why Is CrowdStrike (CRWD) Stock Rocketing Higher Today Shares of cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) jumped 14.8% in the afternoon session after CNBC host Jim Cramer designated the cybersecurity company a must buy following statements by CEO George Kurtz regarding autonomous AI cyber threats and long-term recurring revenue growth. StockStory · Sep 14, 8:59 PM ET
Consumer Discretionary
- Chipotle Mexican Grill CMGSPX -5.94%Why Is Chipotle Stock Down Today? Chipotle shares fell 6.4% Tuesday as Brent crude pushed past $109 and the 10-year Treasury yield hit its highest level in nearly 20 years. Motley Fool · Sep 15, 2:45 PM ETChipotle Slides 6% As Dining Traffic Report Hits Restaurant Stocks Chipotle announced a new board member and a plan to place a manager-in-training in every restaurant this week. Stocktwits · Sep 15, 4:08 PM ET
- Amazon AMZNSPXNDX -2.02%Amazon unable to restore access to some data at damaged Gulf facilities Investing.com -- Amazon.com Inc. said Tuesday it cannot restore access to some data stored at facilities in the Persian Gulf that were damaged during the US-Iran war. Investing.com · Sep 15, 1:41 PM ET
- Lennar Corporation LENSPX +0.10%What To Expect From Lennar’s (LEN) Q3 Earnings Homebuilder Lennar (NYSE:LEN) will be reporting results this Wednesday after market hours. Here’s what you need to know. StockStory · Sep 14, 11:39 PM ET
Financials
- Coinbase COINSPX -10.10%Coinbase Slides 6% as CLARITY Odds Crash to 15% Just Before Senate Vote Coinbase Global Inc. (NASDAQ:COIN) fell around 6% Tuesday, roughly twice the decline in Bitcoin (CRYPTO: BTC), as prediction market traders slashed the chances of landmark U.S. crypto legislation becoming law this year. Polymarket odds for the CLARITY Act are trading... Benzinga Prediction Markets · Sep 15, 2:01 PM ETCoinbase Shares Fall 4.4% as Bitcoin and Ether Decline Ahead of CLARITY Act Vote Coinbase (NASDAQ:COIN) shares fell 4. 4% in premarket trading on Tuesday as Bitcoin and Ether moved lower ahead of a procedural US Senate vote on digital-asset legislation and Wednesday’s Federal Reserve interest-rate decision. InvestorsHub · Sep 15, 9:31 AM ET
- Jack Henry & Associates JKHYSPX -6.37%Why Jack Henry (JKHY) Stock Is Up Today Shares of financial technology provider Jack Henry & Associates (NASDAQ:JKHY) jumped 2.6% in the afternoon session after KeyBanc analyst Andrew Schmidt initiated coverage on the company with an Overweight rating, reported by Streetinsider. StockStory · Sep 14, 10:51 PM ET
Industrials
- Axon Enterprise AXONSPXNDX -9.81%Axon Enterprise shares fall 9% as $1 billion debt offering planned Axon Enterprise Inc (NASDAQ:AXON) plans to raise $1 billion through convertible debt, pairing interest-free financing with capped calls designed to mitigate potential shareholder dilution. Shares of the public safety technology company fell 9% to $448.07 in Tuesday trading. The proposed... Proactive · Sep 15, 12:27 PM ETAxon Stock Falls On $1 Billion Convertible To Reload War Chest Axon Enterprise led S&P 500 losers on Tuesday afternoon after the Taser maker said it will issue $1 billion in 0% convertible notes. The stock reaction appears to penalize Axon far more than the implied dilution, given that the $1 billion sum only amounts to about 2.5% of the current market cap. Investor's Business Daily · Sep 15, 1:56 PM ET
- Space Exploration Technologies Corp. SPCXNDX -3.15%Elon Musk Makes Strongest Hint Yet About A Tesla-SpaceX Merger Tesla and SpaceX CEO Elon Musk made his strongest hints yet about the long-rumored merger between his two companies. Investor's Business Daily · Sep 15, 2:15 PM ETSpaceX Readies For Starship Flight 14 Next Week, Musk Plans Ship Catch The FAA lists a date for SpaceX's Starship test flight 14, which could take off as early as next week. Elon Musk sets goals for Flight 15. Investor's Business Daily · Sep 15, 4:30 PM ET
Moved more than 3% with no company-specific item clearing the relevance bar: RVTY +9.11% · CVNA -5.60% · CASY -5.55% · DLTR -5.35% · APA +5.29% · FFIV +4.71% · TMO +4.53% · LYB +4.27%.
The day ahead
Economic calendar
No medium- or high-impact US release scheduled.
Reporting today
After the close: LEN (cons. 1.29)
Overnight and across markets
Asia and Europe
| Market | Level | Change | As of |
|---|---|---|---|
| Nikkei 225 | 63,923.00 | +438.90 (+0.69%) | 2026-09-16 |
| Hang Seng | 24,713.78 | +46.54 (+0.19%) | 2026-09-16 |
| Shanghai Composite | 3,891.60 | +27.32 (+0.71%) | 2026-09-16 |
| Euro Stoxx 50 | 6,274.21 | +37.71 (+0.60%) | 2026-09-16 |
| DAX | 25,494.37 | +92.09 (+0.36%) | 2026-09-16 |
| FTSE 100 | 10,725.48 | +67.38 (+0.63%) | 2026-09-16 |
Commodities, currencies and rates
| Market | Level | Change | As of |
|---|---|---|---|
| WTI crude | 103.38 | -2.45 (-2.32%) | 2026-09-16 |
| Gold | 4,391.20 | +58.40 (+1.35%) | 2026-09-16 |
| EUR/USD | 1.1539 | -0.0009 (-0.08%) | 2026-09-16 |
| USD/JPY | 155.04 | +0.66 (+0.43%) | 2026-09-16 |
| US 10-year yield | 5.00% | — | 2026-09-15 |
Where the indices sit
S&P 500 daily bars for the last 30 sessions, then three months of closes 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 |
|---|---|---|---|
| COINSPX | Coinbase | -10.10% | -7.7 bp |
| AMDSPXNDX | Advanced Micro Devices | +2.19% | +4.5 bp |
| AMZNSPXNDX | Amazon | -2.02% | -4.3 bp |
| SWKSSPX | Skyworks Solutions | +13.55% | +3.8 bp |
| MSFTSPXNDX | Microsoft | -1.64% | -3.4 bp |
| SNDKSPXNDX | Sandisk | -1.36% | -3.4 bp |
| ORCLSPX | Oracle Corporation | -3.07% | -3.2 bp |
| STXSPXNDX | Seagate Technology | -4.19% | -3.1 bp |
Breadth and sectors
Sector moves equal-weighted across members that printed.
| Sector | Average member move | Members |
|---|---|---|
| Energy | +1.83% | 21 |
| Materials | +0.65% | 25 |
| Health Care | +0.20% | 59 |
| Information Technology | -0.20% | 73 |
| Real Estate | -0.39% | 30 |
| Industrials | -0.76% | 83 |
| Financials | -0.97% | 76 |
| Consumer Staples | -1.01% | 34 |
| Communication Services | -1.08% | 24 |
| Utilities | -1.24% | 31 |
| Consumer Discretionary | -1.93% | 47 |
Largest moves
Risers
| Ticker | Name | Session |
|---|---|---|
| SWKSSPX | Skyworks Solutions | +13.55% |
| RVTYSPX | Revvity | +9.11% |
| APASPX | APA Corporation | +5.29% |
| FFIVSPX | F5, Inc. | +4.71% |
| CIENSPX | Ciena | +4.60% |
| TMOSPX | Thermo Fisher Scientific | +4.53% |
| LYBSPX | LyondellBasell | +4.27% |
| QCOMSPXNDX | Qualcomm | +4.25% |
Fallers
| Ticker | Name | Session |
|---|---|---|
| COINSPX | Coinbase | -10.10% |
| AXONSPXNDX | Axon Enterprise | -9.81% |
| JKHYSPX | Jack Henry & Associates | -6.37% |
| CMGSPX | Chipotle Mexican Grill | -5.94% |
| CVNASPX | Carvana | -5.60% |
| CASYSPX | Casey's | -5.55% |
| MSTRNDX | Strategy Inc | -5.36% |
| DLTRSPX | Dollar Tree | -5.35% |
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
- Stocks Fall in Run-Up to Fed as Yields Stay HighBloomberg Markets
- US Stock Futures Fall Ahead of Fed Meeting as Oil and Treasury Yields Rise: Dow Jones, S&P, Nasdaq, Wall StreetYahoo Finance
- Electra Receives Extension from NASDAQ to Resolve Minimum Price RequirementFinancial Post
- Stocks have so far survived rising Treasury yields. But that may be about to change.MarketWatch
Fed and macro
No high-impact US print on the calendar for this session or the next.
What to watch
One universe name on the next earnings calendar (LEN).
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