US Equities · Pre-Open Briefing
Energy drags as stocks ease
September 17, 2026
The September 16, 2026 cash session, and what is scheduled today
The S&P 500 fell 0.45% to 7,551.81 and the Nasdaq Composite was little changed to 25,978.42, with the Nasdaq-100 up 0.02%.
Breadth159 up / 342 down
LeadershipNasdaq-100 by 0.47pp
Member coverage100%
Futures now
Ahead of the open, S&P 500 futures are up 1.69%, Nasdaq 100 futures up 2.09%, Dow futures up 1.55% and Russell 2000 futures up 1.57% against their previous settlement. In Asia, the Nikkei 225 is up 0.33%, the Hang Seng down 0.44% and the Shanghai Composite down 0.41%. In Europe, the Euro Stoxx 50 is up 0.65%, the DAX up 0.61% and the FTSE 100 up 0.56%. Across markets, WTI is down 1.65% at 100.74, Gold is down 0.51% at 4,365.10 and EUR/USD is down 0.56% at 1.1473.
| Market | Level | Change | As of |
|---|---|---|---|
| S&P 500 futures | 7,684.25 | +127.75 (+1.69%) | 2026-09-17 |
| Nasdaq 100 futures | 29,570.00 | +606.50 (+2.09%) | 2026-09-17 |
| Dow futures | 52,303.00 | +796.00 (+1.55%) | 2026-09-17 |
| Russell 2000 futures | 2,906.70 | +45.00 (+1.57%) | 2026-09-17 |
Where the tape closed
S&P 500
7,551.81
-33.92 (-0.45%)
5d -1.11% · 1m -2.50%
Nasdaq Composite
25,978.42
-3.15 (-0.01%)
5d -1.05% · 1m -2.50%
Nasdaq-100
28,945.06
+7.22 (+0.02%)
5d -1.62% · 1m -3.50%
VIX
17.71
+0.51 (+2.97%)
5d +7.59% · 1m +11.81%
The Session
Of the 503 S&P 500 members that printed, 159 rose and 342 fell. Health Care led the sector table at +0.18% on an equal-weighted basis and Energy sat at the bottom at -3.33%. Lumentum (LITE) rose 9.59% and carried the largest share of the weighted index move. The VIX rose 2.97% to 17.71. One universe name reported on the session.
World news
- Thailand Seeks More Crude Oil Supplies Outside MideastBloomberg Markets
- Saudi Aramco Stops Crude Oil Supplies To Indian Refiners, Says Report - News18Google News GCC
- Shafaq News..Oil Falls as Saudi Arabia Offers More Crude Through Omanshafaq.com
- US oil stocks surge as Iran war disrupts global energy flows — API reports gains in crude, gasoline, distillate inventoriesGulf News
- US put pressure on Mexico to limit exports of AI hardware over fears that China is evading import tariffsmarketscreener.com
- FT: EU asks China to cap hybrid exports, threatens tariffsautomotiveworld.com
Sector news breakdown
Information Technology
- Lumentum LITESPXNDX +9.59%Lumentum Stock Leads the S&P 500 While Corning Can’t Keep Up Lumentum is the best-performing S&P 500 stock Wednesday, and Coherent isn’t far behind. Corning is seeing smaller gains. Barrons.com · Sep 16, 2:22 PM ET
- Coherent Corp. COHRSPX +6.92%Optics Stocks Rally as Oversold Bounce Takes Hold: Coherent Jumps 6%, Lumentum Climbs 5%, Applied Optoelectronics Advances 3% Coherent, Lumentum, and Applied Optoelectronics are surging together this morning with no shared headline, no analyst upgrade, and no product news to explain it, and the reason behind the correlated pop reveals something more telling than a simple good day for optics stocks. 24/7 Wall St. · Sep 16, 10:46 AM ET
- Astera Labs, Inc. ALABNDX +6.59%ALAB Broadens Leo Portfolio: Can It Stay Ahead of MRVL & CRDO? Astera Labs expands its Leo CXL memory controller lineup as hyperscaler design wins and new products strengthen its AI infrastructure connectivity position. Zacks · Sep 16, 11:42 AM ET
- Intel INTCSPXNDX +4.03%Intel Stock Rises On Talk Of Fab Deal With SK Hynix Intel stock rose on a report that South Korea-based SK Hynix is interested in using one of Intel's U.S. fabs to manufacture memory chips. Investor's Business Daily · Sep 16, 4:20 PM ETIntel and SK Hynix Stocks Climb on Report of Potential US Chipmaking Partnership Investors are sending shares of a pair of semiconductor giants higher in the wake of a report they could soon strike a chipmaking deal in the U.S. Investopedia · Sep 16, 10:27 AM ET
- Dell Technologies DELLSPX +3.64%Goldman's AI Server Forecast Sends Dell Stock Jumping Dell Stock Gets Fresh Boost From Goldman's $1.3 Trillion AI Server Forecast… GuruFocus.com · Sep 16, 3:15 PM ET
- Marvell Technology MRVLSPXNDX +3.61%Why Marvell Stock Rallied Today The chipmaker got a boost from a potential deal in the AI space. Motley Fool · Sep 16, 12:32 PM ET
- Advanced Micro Devices AMDSPXNDX +1.65%Why Advanced Micro Devices Stock Just Popped AMD stock wins another endorsement from Piper Sandler. Motley Fool · Sep 16, 1:57 PM ETDow Jones Tech Titan Apple, Nvidia Chipmaker TSMC, AMD, Bloom Energy In Or Near Buy Zones Dow Jones tech titan Apple, along with Nvidia chipmaker TSMC, AMD and Bloom Energy, are in or near buy zones in Tuesday's market action. Investor's Business Daily · Sep 16, 12:10 PM ET
Consumer Discretionary
- Lennar Corporation LENSPX -2.14%Lennar (NYSE:LEN) Misses Q3 CY2026 Sales Expectations Homebuilder Lennar (NYSE:LEN) missed Wall Street’s revenue expectations in Q3 CY2026, with sales falling 8.7% year on year to $8.05 billion. Its GAAP profit of $1.19 per share was 7.6% below analysts’ consensus estimates. StockStory · Sep 16, 4:36 PM ET
Financials
- Robinhood Markets HOODSPX -5.46%Robinhood Sinks 5% After Prosecutors Reportedly Charge Two Former Engineers Over Crypto Trades; Webull Drops 9% Federal prosecutors in Manhattan just charged two former Robinhood engineers over crypto trades, and the fallout is already hitting brokerages that had nothing to do with it. 24/7 Wall St. · Sep 16, 12:46 PM ET
Industrials
- J.B. Hunt JBHTSPX -13.30%J.B. Hunt Stock Plunges. Diesel Prices Are High Enough to Hit Earnings. High fuel prices, eventually, can hit the earnings of transportation companies even if they typically pass costs through to customers. Chief financial officer Brad Delco delivered the sobering news to investors at a Morgan Stanley conference: Third-quarter earnings would be down 5% to 10 % from the… Barrons.com · Sep 16, 1:05 PM ETJ.B. Hunt Shares Fall After CFO Flags Rise in Costs Shares of J.B. Hunt Transport Services are down 13% Wednesday after Chief Financial Officer Brad Delco said the trucking company’s third-quarter earnings will decline around 5% to 10% sequentially because of elevated driver-related costs, the rapid rise in fuel prices and higher claims as medical… The Wall Street Journal · Sep 16, 11:46 AM ET
- Axon Enterprise AXONSPXNDX +5.96%Why Axon Got Slammed By Convertible: It's The Cash Flow Axon Enterprise failed to bounce early Wednesday, a day after being among the biggest S&P 500 losers on Tuesday, as investors reacted negatively to its plan to issue $1 billion in 0% convertible notes. Investor's Business Daily · Sep 16, 9:20 AM ETAxon Enterprise (AXON) Is Down 9.8% After $1 Billion Zero-Coupon Convertible Notes Offering - What's Changed Axon Enterprise has completed a US$1.00 billion offering of zero-coupon, unsecured convertible senior notes due September 15, 2031, alongside expanding its revolving credit facility through a second amendment to its credit agreement. Simply Wall St. · Sep 16, 6:11 AM ET
- Space Exploration Technologies Corp. SPCXNDX +5.15%SpaceX Stock Surges: What's Going On? Space Exploration Technologies Corp (NASDAQ:SPCX) shares are trading higher Wednesday. Traders appear to be positioning around the company’s upcoming Starship launch. SpaceX stock is among today’s top performers. Why is SPCX stock surging? Benzinga · Sep 16, 11:48 AM ETSpaceX Sets Launch Date for Starship’s Next Orbital Flight. Shares Jump. If all goes to plan, SpaceX will test its huge fully-reusable rocket, Starship, again on Sept. 22. It will be the 14th test for Starship. It will be the first time the upper stage enters a stable Earth orbit, completing six orbits on a 10-hour mission. Barrons.com · Sep 16, 10:51 AM ET
- GE Vernova GEVSPX +4.79%Why GE Vernova (GEV) Stock Is Nosediving Shares of energy transition company GE Vernova (NYSE:GEV) fell 8.6% in the afternoon session after GLJ Research initiated coverage on the stock with a Sell rating and a $470 price target. StockStory · Sep 14, 10:43 PM ET
Energy
- Occidental Petroleum OXYSPX -6.55%Occidental Petroleum Stock Slides Wednesday: What's Happening? Shares of Occidental Petroleum Corp (NYSE:OXY) are trading lower Wednesday as energy equities experience broad profit-taking alongside a pullback in crude oil prices. The weakness in benchmark energy commodities comes as fresh market data indicates a weekly drawdown in U.S. Benzinga · Sep 16, 11:51 AM ET
Moved more than 3% with no company-specific item clearing the relevance bar: ON -9.02% · FANG -8.03% · TPL -6.21% · COP -6.15% · EXE -5.83% · EOG -5.73% · EW +4.13%.
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 | 64,136.25 | +213.25 (+0.33%) | 2026-09-17 |
| Hang Seng | 24,604.29 | -109.49 (-0.44%) | 2026-09-17 |
| Shanghai Composite | 3,875.60 | -16.00 (-0.41%) | 2026-09-17 |
| Euro Stoxx 50 | 6,307.18 | +40.68 (+0.65%) | 2026-09-17 |
| DAX | 25,692.99 | +155.24 (+0.61%) | 2026-09-17 |
| FTSE 100 | 10,748.11 | +59.61 (+0.56%) | 2026-09-17 |
Commodities, currencies and rates
| Market | Level | Change | As of |
|---|---|---|---|
| WTI crude | 100.74 | -1.69 (-1.65%) | 2026-09-17 |
| Gold | 4,365.10 | -22.40 (-0.51%) | 2026-09-17 |
| EUR/USD | 1.1473 | -0.0064 (-0.56%) | 2026-09-17 |
| USD/JPY | 155.85 | +0.58 (+0.38%) | 2026-09-17 |
| US 10-year yield | 5.01% | — | 2026-09-16 |
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 |
|---|---|---|---|
| LITESPXNDX | Lumentum | +9.59% | +13.1 bp |
| INTCSPXNDX | Intel | +4.03% | +11.1 bp |
| DELLSPX | Dell Technologies | +3.64% | +6.1 bp |
| FANGSPXNDX | Diamondback Energy | -8.03% | -5.6 bp |
| HOODSPX | Robinhood Markets | -5.46% | -4.4 bp |
| AMDSPXNDX | Advanced Micro Devices | +1.65% | +4.3 bp |
| NVDASPXNDX | Nvidia | +0.82% | +3.9 bp |
| GEVSPX | GE Vernova | +4.79% | +3.6 bp |
Breadth and sectors
Sector moves equal-weighted across members that printed.
| Sector | Average member move | Members |
|---|---|---|
| Health Care | +0.18% | 59 |
| Utilities | +0.18% | 31 |
| Information Technology | -0.32% | 73 |
| Consumer Staples | -0.48% | 34 |
| Industrials | -0.57% | 83 |
| Materials | -0.74% | 25 |
| Consumer Discretionary | -0.87% | 47 |
| Real Estate | -1.00% | 30 |
| Communication Services | -1.10% | 24 |
| Financials | -1.89% | 76 |
| Energy | -3.33% | 21 |
Largest moves
Risers
| Ticker | Name | Session |
|---|---|---|
| LITESPXNDX | Lumentum | +9.59% |
| COHRSPX | Coherent Corp. | +6.92% |
| ALABNDX | Astera Labs, Inc. | +6.59% |
| AXONSPXNDX | Axon Enterprise | +5.96% |
| SPCXNDX | Space Exploration Technologies Corp. | +5.15% |
| GEVSPX | GE Vernova | +4.79% |
| EWSPX | Edwards Lifesciences | +4.13% |
| INTCSPXNDX | Intel | +4.03% |
Fallers
| Ticker | Name | Session |
|---|---|---|
| JBHTSPX | J.B. Hunt | -13.30% |
| ONSPX | ON Semiconductor | -9.02% |
| FANGSPXNDX | Diamondback Energy | -8.03% |
| OXYSPX | Occidental Petroleum | -6.55% |
| TPLSPX | Texas Pacific Land Corporation | -6.21% |
| COPSPX | ConocoPhillips | -6.15% |
| EXESPX | Expand Energy | -5.83% |
| EOGSPX | EOG Resources | -5.73% |
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 |
|---|---|---|---|---|---|---|
| LEN | Lennar Corporation | After close | 1.29 | — | — | — |
Headlines in the session window
- Why optical stocks Lumentum and Coherent were the day’s biggest S&P 500 gainersMarketWatch
- Ed Yardeni Cuts S&P 500 View to 7,900 on Downturn RisksBloomberg Markets
- 15 stocks that have grown dividends the most — and nearly all have beaten the S&P 500MarketWatch
- S&P 500 Trucking Stock Craters On CFO's WarningYahoo Finance
- The Fed Will Be Hawkish. The S&P 500 May Prefer It. (Live Coverage)Yahoo Finance
- Stock Market Today: Stock Futures Climb as Markets Retrace Post-Fed MovesWSJ Markets
- Hong Kong Stocks Fall After Fed, HKMA Rate Hikes; Continental Drops 3% - marketscreener.comHKMA
- Hong Kong Stocks Open Lower as Fed, HKMA Rate Hikes Weigh on Sentiment - marketscreener.comHKMA
Fed and macro
No high-impact US print on the calendar for this session or the next.
Get this every weekday morning
The Equities Daily (Beta) lands before the US open with the previous session's close across the S&P 500 and Nasdaq, what carried the index, the story behind each mover, and the day's scheduled earnings and data. Free.
One-click unsubscribe in every email, and you can manage every RoboMacro newsletter from the same subscriptions page.