US Equities · Pre-Open Briefing
Materials slides as stocks edge higher
September 22, 2026
The September 18, 2026 cash session, and what is scheduled today
The S&P 500 rose 0.17% to 7,650.50 and the Nasdaq Composite rose 0.39% to 26,522.54, with the Nasdaq-100 up 0.67%.
Breadth156 up / 346 down
LeadershipNasdaq-100 by 0.50pp
Member coverage100%
Futures now
Ahead of the open, S&P 500 futures are little changed, Nasdaq 100 futures little changed, Dow futures up 0.32% and Russell 2000 futures up 0.53% against their previous settlement. In Asia, the Nikkei 225 is up 1.38%, the Hang Seng up 0.18% and the Shanghai Composite up 0.06%. In Europe, the Euro Stoxx 50 is up 0.34%, the DAX up 0.48% and the FTSE 100 up 0.08%. Across markets, WTI is down 6.16% at 89.88, Gold is down 0.59% at 4,358.10 and EUR/USD is down 0.10% at 1.1468.
| Market | Level | Change | As of |
|---|---|---|---|
| S&P 500 futures | 7,836.00 | +2.50 (+0.03%) | 2026-09-22 |
| Nasdaq 100 futures | 30,774.25 | -10.50 (-0.03%) | 2026-09-22 |
| Dow futures | 52,643.00 | +168.00 (+0.32%) | 2026-09-22 |
| Russell 2000 futures | 2,912.90 | +15.50 (+0.53%) | 2026-09-22 |
Where the tape closed
S&P 500
7,650.50
+12.74 (+0.17%)
5d -0.08% · 1m -0.75%
Nasdaq Composite
26,522.54
+104.24 (+0.39%)
5d +0.72% · 1m +0.73%
Nasdaq-100
29,644.17
+197.19 (+0.67%)
5d +0.94% · 1m +0.74%
VIX
14.81
-0.63 (-4.08%)
5d -6.50% · 1m -7.50%
The Session
Of the 503 S&P 500 members that printed, 156 rose and 346 fell. Information Technology led the sector table at +0.34% on an equal-weighted basis and Materials sat at the bottom at -1.89%. Sandisk (SNDK) rose 10.99% and carried the largest share of the weighted index move. The VIX fell 4.08% to 14.81.
Sector news breakdown
Information Technology
- Sandisk SNDKSPXNDX +10.99% · Advanced Micro Devices AMDSPXNDX +2.70%Dow Jones Futures: Market Still Choppy; Robinhood, Sandisk, AMD, Moderna Surge Into Buy Areas The stock market showed choppy, mixed weekly action. But Robinhood, Sandisk, AMD and Moderna rallied into buy areas. Investor's Business Daily · Sep 18, 4:38 PM ETSandisk Unveiled an $14 Billion Buyback and Warren Buffett Has Something to Say About It Sandisk announced a $14 billion share buyback during its fiscal fourth-quarter earnings. Motley Fool · Sep 18, 12:20 AM ET
- Coherent Corp. COHRSPX +7.22%Coherent's Datacenter Business Powers its Revenue Growth COHR's fiscal Q4 revenues climb to $2.05 billion as datacenter and communications demand drive nearly 79% of sales and offset industrial weakness. Zacks · Sep 18, 2:21 PM ET
- Qualcomm QCOMSPXNDX -5.82%What Needs To Be True To Buy Qualcomm Stock Now? Qualcomm (QCOM) told investors in its fiscal Q3 2026 call that its share of Apple's recent iPhone launch would be materially lower than its prior estimate of 20%. Trefis · Sep 18, 10:03 AM ET
- Accenture ACNSPX -4.73%Accenture Stock Drops. Why This Analyst Is Worried About Demand. Shares of Accenture drop after catching a downgrade from Guggenheim over concerns weaker demand didn’t justify the stock’s recent rally. Barrons.com · Sep 18, 12:53 PM ETAccenture, BlackLine Leaders on the Reinvention of Finance CFO JOURNAL NEWSLETTER Good morning. Financial services are being retooled in the age of artificial intelligence, which is reflected in corporate boardrooms. The Wall Street Journal · Sep 18, 7:25 AM ET
- Micron Technology MUSPXNDX +3.92%Micron Technology Sees Extended DRAM Upcycle on AI Demand, RBC Says Micron Technology's (MU) AI-driven memory demand continues to outpace supply, supporting a potential… MT Newswires · Sep 18, 11:03 AM ETMicron Is Poised to Surge After Its Fiscal Year Ends Micron Technology will soon release its fiscal 2026 results, which could give the stock a nice shot in the arm. Motley Fool · Sep 18, 9:52 AM ET
- Broadcom AVGOSPXNDX +2.97%Own Broadcom by Sept. 21 to Qualify for Its Sept. 30 Dividend. Here's How Many Shares You'd Need for $5,000 in Yearly Dividends. Broadcom is generating gobs of free cash flow to support rapid dividend raises. Motley Fool · Sep 18, 4:05 AM ET
- Nvidia NVDASPXNDX +1.34%Nvidia-Backed Data Center Firm Nscale Files Publicly for US IPO Nscale, a developer of artificial intelligence data centers that counts Nvidia Corp. and Microsoft Corp. among its partners, filed for an initial public offering in New York to tap into AI’s insatiable demand for computing power. Bloomberg · Sep 18, 3:52 PM ET
Communication Services
- Netflix NFLXSPXNDX -4.67%Netflix downgraded by Wells Fargo on weak engagement, content concerns Wells Fargo & Co (NYSE:WFC, XETRA:NWT) downgraded Netflix Inc (NASDAQ:NFLX, XETRA:NFC) to "underweight" from "equal weight" Friday, with analysts warning that weaker engagement and content could pressure margins and valuation. Wells Fargo cut its price target to $57, implying about 25%... Proactive · Sep 18, 11:30 AM ETNetflix Stock Downgraded To Sell As Viewer Engagement Wanes Netflix stock tanked on Friday after a Wall Street analyst downgraded the streaming video giant to the equivalent of a sell rating. Investor's Business Daily · Sep 18, 4:08 PM ET
- Meta Platforms METASPXNDX -2.43%Meta-Tied Data Center Draws Blowout Demand for Debut Junk Bond The first junk-bond offering for a data center tied to Meta Platforms Inc. attracted demand more than four times the deal’s size, with juicy yields helping to lure investors. Bloomberg · Sep 18, 2:18 PM ET
Consumer Discretionary
- General Motors GMSPX -5.10%Market Chatter: Toyota, General Motors, Ford Join Coalition Asking Trump to Maintain Bar on Chinese Carmakers in US Toyota Motor (TM), General Motors (GM), and Ford Motor (F) have joined a coalition of automobile mak… MT Newswires · Sep 18, 1:11 PM ETHow General Motors Could Win Big in the US Defense Missile Push GM has started making Patriot missile parts for Lockheed Martin as the Pentagon seeks to restock its inventory. Barrons.com · Sep 17, 9:53 PM ET
Financials
- Coinbase COINSPX +11.66%Coinbase Files to List U.S. Single-Stock Perpetual Futures Coinbase Global said Friday that it has sought regulatory approval to list perpetual futures tied to individual large-cap U.S. stocks. Perpetual futures, known as “perps,” are speculative derivative contracts that never expire, allowing traders to pile on leverage that amplifies their potential… The Wall Street Journal · Sep 18, 8:45 AM ETCoinbase Seeks Approval to List Perpetual Futures Tied to U.S. Stocks Coinbase Global (NASDAQ: $COIN) has filed for regulatory approval to list perpetual futures tied to individual larg... CryptoProwl · Sep 18, 1:37 PM ET
- Robinhood Markets HOODSPX +9.12%Dow Jones Futures: Market Still Choppy; Robinhood, Sandisk, AMD, Moderna Surge Into Buy Areas The stock market showed choppy, mixed weekly action. But Robinhood, Sandisk, AMD and Moderna rallied into buy areas. Investor's Business Daily · Sep 18, 4:38 PM ETRobinhood’s Abhishek Fatehpuria on winning the modern financial consumer at TechCrunch Disrupt 2026 Robinhood’s Abhishek Fatehpuria on winning the modern financial consumer at TechCrunch Disrupt 2026. Register now to save up to $200 before September 25 at 11:59 p.m. PT. TechCrunch · Sep 18, 11:00 AM ET
Industrials
- Rocket Lab Corporation RKLBNDX -4.79%Rocket Lab stock tumbles after massive $1.94 billion equity raise Rocket Lab takes a hit as $1.94 billion stock sale fuels dilution worries… GuruFocus.com · Sep 18, 3:34 PM ET
- Space Exploration Technologies Corp. SPCXNDX -1.36%SpaceX Stock Is Down 33% From Its High. Here's Why Morgan Stanley Thinks There's 106% Upside From Here. SpaceX's valuation now hovers just below $2 trillion. Motley Fool · Sep 18, 3:50 PM ETSpaceX adds $946M NASA crew deal through 2030 Key takeawaysNASA awarded Space Exploration Technologies Corp. (NASDAQ:SPCX) three additional astronaut missions worth a combined $946 million. InvestorsHub · Sep 18, 3:55 PM ET
Materials
- Nucor NUESPX -6.32%Why Nucor Is Today’s Worst Stock in the S&P 500 Nucor stock is the worst performer in the S&P 500 for the trading session after the steel manufacturer issues underwhelming guidance. Barrons.com · Sep 18, 10:58 AM ET
Moved more than 3% with no company-specific item clearing the relevance bar: MSTR +16.39% · LRCX +6.98% · STX +6.93% · AMAT +6.51% · ARE -5.40% · TRI -5.12%.
The day ahead
Economic calendar
| Time | Release | Impact | Consensus | Previous |
|---|---|---|---|---|
| 08:15 ET | ADP Employment Change Weekly | Medium | — | — |
| 16:30 ET | API Weekly Crude Oil Stocks | Medium | — | — |
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 | 65,018.95 | +882.70 (+1.38%) | 2026-09-18 |
| Hang Seng | 25,087.75 | +45.04 (+0.18%) | 2026-09-22 |
| Shanghai Composite | 3,952.13 | +2.22 (+0.06%) | 2026-09-22 |
| Euro Stoxx 50 | 6,339.91 | +21.71 (+0.34%) | 2026-09-22 |
| DAX | 25,696.88 | +121.87 (+0.48%) | 2026-09-22 |
| FTSE 100 | 10,748.01 | +9.01 (+0.08%) | 2026-09-22 |
Commodities, currencies and rates
| Market | Level | Change | As of |
|---|---|---|---|
| WTI crude | 89.88 | -5.90 (-6.16%) | 2026-09-22 |
| Gold | 4,358.10 | -25.80 (-0.59%) | 2026-09-22 |
| EUR/USD | 1.1468 | -0.0012 (-0.10%) | 2026-09-22 |
| USD/JPY | 157.11 | +0.07 (+0.04%) | 2026-09-22 |
| US 10-year yield | 5.01% | — | 2026-09-18 |
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 |
|---|---|---|---|
| SNDKSPXNDX | Sandisk | +10.99% | +38.3 bp |
| MUSPXNDX | Micron Technology | +3.92% | +15.5 bp |
| QCOMSPXNDX | Qualcomm | -5.82% | -6.2 bp |
| NVDASPXNDX | Nvidia | +1.34% | +6.2 bp |
| COINSPX | Coinbase | +11.66% | +5.5 bp |
| AMDSPXNDX | Advanced Micro Devices | +2.70% | +5.3 bp |
| AVGOSPXNDX | Broadcom | +2.97% | +5.2 bp |
| METASPXNDX | Meta Platforms | -2.43% | -4.9 bp |
Breadth and sectors
Sector moves equal-weighted across members that printed.
| Sector | Average member move | Members |
|---|---|---|
| Information Technology | +0.34% | 73 |
| Financials | +0.21% | 76 |
| Industrials | +0.11% | 83 |
| Energy | -0.18% | 21 |
| Health Care | -0.50% | 59 |
| Consumer Discretionary | -0.90% | 47 |
| Real Estate | -1.10% | 30 |
| Consumer Staples | -1.11% | 34 |
| Utilities | -1.36% | 31 |
| Communication Services | -1.58% | 24 |
| Materials | -1.89% | 25 |
Largest moves
Risers
| Ticker | Name | Session |
|---|---|---|
| MSTRNDX | Strategy Inc | +16.39% |
| COINSPX | Coinbase | +11.66% |
| SNDKSPXNDX | Sandisk | +10.99% |
| HOODSPX | Robinhood Markets | +9.12% |
| COHRSPX | Coherent Corp. | +7.22% |
| LRCXSPXNDX | Lam Research | +6.98% |
| STXSPXNDX | Seagate Technology | +6.93% |
| AMATSPXNDX | Applied Materials | +6.51% |
Fallers
| Ticker | Name | Session |
|---|---|---|
| NUESPX | Nucor | -6.32% |
| QCOMSPXNDX | Qualcomm | -5.82% |
| ARESPX | Alexandria Real Estate Equities | -5.40% |
| TRINDX | Thomson Reuters Corporation | -5.12% |
| GMSPX | General Motors | -5.10% |
| RKLBNDX | Rocket Lab Corporation | -4.79% |
| ACNSPX | Accenture | -4.73% |
| NFLXSPXNDX | Netflix | -4.67% |
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
No headlines inside the session window.
Fed and macro
No high-impact US print on the calendar for this session or the next.
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