The day at a glance
- Sector leaders
- Communication +0.60% · Consumer Staples +0.05% · Financials -0.33%
- Sector laggards
- Technology -1.41% · Materials -1.23% · Utilities -0.98%
- Notable moves
- Crude Oil +5.61% · Silver -5.30% · Copper -4.90% · Uranium -3.97% · Apple +3.56% · Volatility (VIX) +3.17% · NVIDIA -2.37%
- Rates & crude (last live prints)
- US 10-year Treasury yield: 4.94% — UP 0.11 percentage points vs the prior close (as of 3h ago) · WTI crude oil futures: $103.93 — UP 8.2% vs the prior close (as of 1h ago).
- Fear & Greed
- 33 (fear)
- Volatility (VIX ETN)
- +3.17%
Day in review
Thursday, September 10, 2026 – The three major U.S. indexes finished lower. The S&P 500 closed at 757.83, down 0.60%; the Nasdaq 100 settled at 708.69, down 1.06%; and the Dow Jones Industrial Average ended at 520.75, off 0.63%. Through the close the week‑to‑date totals registered declines of 1.60% for the S&P 500, 1.43% for the Nasdaq 100 and 2.50% for the Dow.
Communication stocks led the sector groupings with a 0.60% gain, followed by Consumer Staples at +0.05% and Financials at –0.33%. The lagging groups were Technology, down 1.41%, Materials down 1.23% and Utilities down 0.98%. Among individual movers, Apple rose 3.56% while NVIDIA slipped 2.37%. Crude‑oil‑related funds surged 5.61% and the VIX ETN climbed 3.17%. Silver fell 5.30%, copper 4.90% and uranium 3.97%. The 10‑year Treasury yield finished at 4.94%, up 11 basis points, and WTI crude futures closed at $103.93, an 8.2% increase from the prior close. The CNN Fear & Greed Index registered 33, indicating a fear‑dominated market.
The day’s price action was shaped by several reported catalysts. Oil prices jumped after Houthis’ advances that threatened Saudi export routes, while Treasury yields rose following a weak 30‑year auction and a Treasury announcement to buy back $6 billion of bonds, a move that failed to calm the market. The U.S. producer‑price index released on the session showed wholesale prices up 0.4%, adding to inflation pressure. Oracle’s regular-session close, down 5.4%, was set before its earnings report; the stock jumped in after-hours trading once results showed strong cloud-revenue growth, whereas Academy Sports & Outdoors’ nearly 6% gain was unrelated to Wednesday’s earnings beat. Apple’s rise was tied to its recent iPhone reveal, which was highlighted in market commentary.
For the week, the three indexes logged their third consecutive day of losses, extending the broader downside that began earlier in the session. Looking ahead, Friday, September 11, was scheduled to release the consumer‑price index, the next key gauge for the Federal Reserve’s policy path. No other market‑moving events were slated for the opening of that session.
AI-generated from this record only (openai/gpt-oss-120b, gates ok/ok/ok/ok).
How the day unfolded 24 summaries generated
- Pre-open outlook4:02 AM ET
U.S. stock futures are steady, after Wednesday’s indexes closed lower — the S&P 500 slipped about 0.5%, the Nasdaq around 0.3% and the Dow roughly 0.8%. Large‑cap moves reflected earnings, with Academy Sports up 14.4% and Sunbelt Rentals gaining 5.9% on results, while Chewy fell 10.8%, Core & Main dropped 5.6% and Signet Jewelers surged 24%; Meta also rose 6.6% despite no new filing. Traders are weighing a fresh Canadian import ban, the Treasury’s larger bond‑buying plan and oil hovering near $96 a barrel, up 0.2%, as the 10‑year yield nudged higher to 4.84%. Attention turns to today’s PPI report and Oracle’s earnings later this morning, with Friday’s CPI data as the next major gauge.
- Midday check1:01 PM ET
Stocks are slipping as Treasury yields climb toward a “danger zone” – the 10‑year is now 4.92% and up 0.08 points – while WTI crude has surged above $100, leaving the S&P 500 down about 0.4%, the Nasdaq 100 off roughly 1% and the Dow down about 0.5%. The decline is softened by a standout gain from Academy Sports & Outdoors, which is up about 5% after yesterday’s earnings beat. Inflation pressure is reinforced by today’s PPI report showing wholesale prices rose 0.4% and by a CNBC note that the odds of a Fed rate hike next week have risen sharply, even as chip‑sector drama lifts Skyworks 10% and Qorvo 6% while broader semiconductor stocks drift lower. All eyes turn to tomorrow’s CPI numbers as the next catalyst for market direction.
- Closing wrap6:01 PM ET
Stocks closed lower across the board, with the S&P 500 down about 0.6%, the Nasdaq slipping roughly 1% and the Dow fading 0.6% as WTI crude surged 8% to $103.93 and the 10‑year Treasury yield rose 11 basis points. The oil jump followed Houthis’ advances that threatened Saudi export routes, while yields climbed after a weak 30‑year auction; Oracle fell 5.4% after its earnings forecast, and Academy Sports & Outdoors rose nearly 6% on its earnings beat. All eyes now turn to Friday’s CPI report, the next key gauge for the Fed’s upcoming rate decision.
Scheduled and released
- US PPI wholesale inflation report — released; no reading captured
- Oracle ORCL — earnings
- Adobe ADBE — earnings
- Copart CPRT — earnings
- Shoe Station Group SHOE — earnings
- 1-800-FLOWERS.COM FLWS — earnings
- Tsakos Energy Navigation TEN — earnings
- Alliance Entertainment Holding AENT — earnings
- The Lovesac Company LOVE — earnings
- IBEX Limited IBEX — earnings
Headlines of the day
- 4:02 AM ETDow, S&P 500 and Nasdaq fall for 3rd straight day as global oil prices hit $101 — MarketWatch
- 4:02 AM ETA Fed rate hike hinges on two key inflation reports in the next two days — MarketWatch
- 4:02 AM ETTreasury will buy more government bonds than previously announced. The market remains underwhelmed. — MarketWatch on MSN
- 4:02 AM ETU.S. reveals import ban on slew of Canadian goods as trade war escalates — CNBC Economy
- 4:02 AM ETTrump promises $5,000 checks for all adults if Republicans win the midterms — MarketWatch
- 4:02 AM ETCoinbase CEO sees U.S. crypto regulation advancing regardless of Clarity Act vote — CNBC
- 4:32 AM ETTreasury Dept. Announces $6B Buyback; 10-Year Yield Surges Amid Market Uncertainty — Investopedia
- 4:32 AM ETWith the copper price surfing all-time highs, here’s what one CEO thinks about the sector long term — MarketWatch
- 5:02 AM ETUS Treasury yields surge as $6 billion bond buyback disappoints markets — Euronews (English) on MSN
- 5:02 AM ET'Saved the day': How China helped keep the lid on oil price surge as Iran war disrupted supplies — CNBC
- 5:02 AM ETGoldman Sachs says Treasury buybacks won't be enough to tame bond yields — Markets Insider on MSN
- 5:31 AM ETThe ECB is virtually certain to raise rates. Wall Street is bracing for what comes next. — MarketWatch
- 5:31 AM ETStock futures inch higher as traders brace for wholesale inflation report: Live updates — CNBC
- 6:32 AM ETWorld’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high — CNBC Earnings
- 7:02 AM ETGlobal oil prices hit $101 per barrel as Middle East conflict roils markets — CNN on MSN
- 7:02 AM ETMacy's posts strong results, raises guidance as turnaround begins to take hold — CNBC Earnings
- 8:02 AM ETTreasury buyback fails to shock and awe the bond market — Axios on MSN
- 8:32 AM ETApple’s stock rises after iPhone reveal. The company is walking a ‘tightrope’ on pricing, say analysts. — MarketWatch
- 8:32 AM ETTreasury yields hit multi-year highs as investors await key wholesale inflation data — CNBC
- 8:32 AM ETTrump warns Tehran over Pickaxe Mountain activity; U.S.-Iran exchange attacks on ships near Hormuz — CNBC
- 9:02 AM ETU.S. crude oil tops $100 again – last seen in May – as market braces for prolonged Iran war — CNBC
- 9:02 AM ETStock market today: Nasdaq futures sink, Dow and S&P 500 look to snap 3-day losing streak ahead of inflation data — Yahoo Finance
- 9:31 AM ETGlobal oil prices hit $101 per barrel as Middle East conflict roils markets — CNN on MSN
- 9:31 AM ETCopper, FCX Stock Plunge On Tariff Report, Surging Yields; Silver, Gold Also Fall — Investor's Business Daily
- 9:31 AM ETApple makes biggest change to iPhone release cadence in 7 years in Ternus' first showcase as CEO — CNBC
- 5:31 PM ETU.S. stocks book 4th straight day of losses as WTI oil prices surge past $100 — MarketWatch
- 5:31 PM ETTreasury yields surge after poor 30-year auction and new buyback operation fail to calm market — MarketWatch on MSN
- 5:31 PM ETThe likelihood of a Fed interest rate hike next week just got a lot higher — CNBC Economy
- 5:31 PM ETIran-backed Houthi rebels take strategic port city in Yemen, raising threat to Red Sea shipping — Los Angeles Times on MSN
- 5:31 PM ETOracle’s AI bet pays off as cloud momentum helps drive a rosier forecast — MarketWatch
- 6:01 PM ETHouthis advance along Yemeni coast, threaten Saudi oil exports in the Red Sea — Reuters on MSN
- 6:01 PM ETDow Jones Futures: S&P 500 Breaks Support As Oil Prices, Yields Surge; Oracle Jumps Late With CPI Inflation Due — Investor's Business Daily
- 6:01 PM ETTreasury yields surge after poor 30-year auction and new buyback operation fail to calm market — MarketWatch on MSN
All tracked instruments 42 closes
| Instrument | Close | Prior | Change | |
|---|---|---|---|---|
| Indexes, volatility & oil | ||||
| S&P 500 SPY | 757.83 | 762.40 | -0.60% | |
| Nasdaq 100 QQQ | 708.69 | 716.31 | -1.06% | |
| Dow Jones DIA | 520.75 | 524.07 | -0.63% | |
| Volatility (VIX) VXX | 18.88 | 18.30 | +3.17% | |
| Crude Oil USO | 158.38 | 149.97 | +5.61% | |
| Small caps | ||||
| Russell 2000 IWM | 287.70 | 290.64 | -1.01% | |
| S&P 500 sectors | ||||
| Technology XLK | 185.22 | 187.87 | -1.41% | |
| Financials XLF | 56.87 | 57.06 | -0.33% | |
| Energy XLE | 64.93 | 65.31 | -0.58% | |
| Healthcare XLV | 165.66 | 166.58 | -0.55% | |
| Communication XLC | 111.50 | 110.83 | +0.60% | |
| Industrials XLI | 170.55 | 171.79 | -0.72% | |
| Consumer Staples XLP | 83.09 | 83.05 | +0.05% | |
| Consumer Discretionary XLY | 111.96 | 112.46 | -0.44% | |
| Real Estate XLRE | 43.05 | 43.41 | -0.83% | |
| Utilities XLU | 42.52 | 42.94 | -0.98% | |
| Materials XLB | 50.76 | 51.39 | -1.23% | |
| Magnificent 7 | ||||
| Apple AAPL | 326.57 | 315.34 | +3.56% | |
| Microsoft MSFT | 492.44 | 491.65 | +0.16% | |
| NVIDIA NVDA | 218.36 | 223.67 | -2.37% | |
| Amazon AMZN | 251.89 | 252.40 | -0.20% | |
| Alphabet GOOGL | 332.60 | 330.65 | +0.59% | |
| Meta META | 644.38 | 653.69 | -1.42% | |
| Tesla TSLA | 363.56 | 367.81 | -1.16% | |
| Commodities | ||||
| Gold GLD | 396.36 | 403.35 | -1.73% | |
| Silver SLV | 57.50 | 60.72 | -5.30% | |
| Natural Gas UNG | 10.19 | 10.09 | +0.99% | |
| Copper CPER | 39.04 | 41.05 | -4.90% | |
| Uranium URA | 45.00 | 46.86 | -3.97% | |
| Agriculture DBA | 29.32 | 29.00 | +1.10% | |
| Global markets | ||||
| China FXI | 34.35 | 34.55 | -0.58% | |
| Japan EWJ | 96.44 | 97.00 | -0.58% | |
| India INDA | 48.11 | 48.67 | -1.15% | |
| Germany EWG | 42.62 | 43.04 | -0.98% | |
| Brazil EWZ | 38.56 | 38.07 | +1.29% | |
| Developed ex-US EFA | 105.66 | 106.56 | -0.84% | |
| Macro instruments | ||||
| 20Y Treasuries TLT | 80.78 | 81.73 | -1.16% | |
| High-Yield Bonds HYG | 78.62 | 78.98 | -0.46% | |
| US Dollar Index UUP | 28.03 | 27.98 | +0.18% | |
| Bitcoin IBIT | 43.68 | 44.29 | -1.38% | |
| Real Estate VNQ | 94.12 | 94.94 | -0.86% | |
| Semiconductors SMH | 560.28 | 574.29 | -2.44% | |