DAILY MARKET BRIEFING 8 SEPTEMBER 2026
S&P 500 7,673.52 -0.58% NASDAQ 26,421.41 -0.32% DOW 52,786.07 -1.18% RUSSELL 2,960.20 -0.52% FTSE 10,822.21 0.00% DAX 25,922.04 -0.32% VIX 15.72 +8.19% US 10Y 4.81% +2 bp BTC 78,699.23 -0.53% ETH 2,490.96 -0.94%
U.S. CLOSE EDITION

ROIV leads, DYN lags — U.S. market close

SharpeIQ Research Desk · data as of 8 Sep 2026 close

A close-to-close read on the latest session across US equity indices, rates, commodities, the semiconductor complex and options volatility, with notable insider filings and headlines.

1 Movers. ROIV led gainers at +18.75%
2 Vol. 8 semis are realizing above implied (HV/IV > 1).
3 Laggards. DYN led decliners at -16.35%.

1 Global Dashboard

Close-to-close moves across US equity indices, rates and crypto. Front-month contracts: WTI Crude +3.26%; Brent Crude +3.21%; Natural Gas -2.76%.

Index / ContractLast1 Day1 Wk1 MoYTD52-Wk RangeTrend
US EQUITY INDICES
S&P 500 7,673.52 -0.58% -0.16% -1.08% +12.10% 6,343.72 7,798.99
Nasdaq Composite 26,421.41 -0.32% +0.19% -1.01% +13.68% 20,794.64 27,093.90
Dow Jones Industrial 52,786.07 -1.18% -0.75% -2.31% +9.83% 45,166.64 54,349.12
Russell 2000 2,960.20 -0.52% +0.13% -2.45% +19.27% 2,305.11 3,068.42
INTERNATIONAL
FTSE 100 (UK) 10,822.21 0.00% +0.31% -0.72% +8.97% 9,195.70 10,910.60
DAX (Germany) 25,922.04 -0.32% -0.19% -1.53% +5.85% 22,300.75 26,569.99
RATES & VOLATILITY
CBOE VIX 15.72 +8.19% +5.36% +5.50% +5.15% 13.47 31.05
US 10-Year Yield 4.81% +2 bp +5 bp +15 bp +64 bp 3.95% 4.81%
US 30-Year Yield 5.26% +2 bp +2 bp +5 bp +42 bp 4.54% 5.31%
US 5-Year Yield 4.57% +2 bp +7 bp +21 bp +85 bp 3.51% 4.57%
CRYPTO (24H)
Bitcoin 78,699.23 -0.53% -3.17% +21.67% -10.07% 58,558.86 124,752.53
Ethereum 2,490.96 -0.94% +4.16% +30.27% -16.05% 1,564.82 4,687.77
ENERGY
WTI Crude 94.46 +3.26% +10.14% +20.82% +64.51% 55.27 112.95
Brent Crude 99.37 +3.21% +9.81% +18.93% +63.30% 58.92 118.35
Natural Gas 2.89 -2.76% -1.43% +8.68% -21.51% 2.52 7.46
METALS
Gold 4,413.70 -0.36% -0.39% +1.68% +2.04% 3,643.70 5,318.40
Silver 66.72 +1.03% +0.76% +5.36% -4.86% 41.71 115.08
Copper 6.78 +2.72% +2.78% +3.14% +20.36% 4.50 6.78

Table 1. Close-to-close through 8 Sep. Rate changes in basis points; crypto is 24-hour; commodities are front-month contracts. Trend = trailing two weeks.

2 Semiconductors & Technology

Semiconductor and megacap-tech price action by horizon.

SEMICONDUCTOR COMPLEX — PRICE & VOLATILITY
TickerNameSpot1 Day1 WkYTDATM IVIV %ile30d HVHV/IV
NVDA NVIDIA 225.73 -2.01% +2.24% +21.18% 34% 11th 43% 1.26
AMD Adv. Micro Devices 505.74 +5.90% +7.44% +136.15% 52% 27th 70% 1.33
AVGO Broadcom 368.56 +2.98% -0.48% +6.88% 38% 5th 41% 1.08
AMAT Applied Materials 472.79 +3.98% +3.14% +84.43% 51% 44th 71% 1.39
TXN Texas Instruments 258.92 +0.19% -0.76% +51.75% 37% 49th 32% 0.87
MU Micron 1,000.26 -1.61% +4.33% +250.67% 67% 42nd 84% 1.25
SNDK SanDisk 1,737.99 -0.12% +10.93% +632.16% 79% 13th 134% 1.71
WDC Western Digital 477.30 +2.10% +5.94% +177.27% 73% 41st 86% 1.18
STX Seagate 904.38 +6.49% +9.17% +228.40% 73% 54th 76% 1.03

Table 2. Price by horizon + at-the-money implied vol (≈30-day, annualized), 52-week IV percentile, trailing 30-session realized vol and HV/IV. HV/IV > 1.0 (highlighted) = realizing more than implied. Memory/storage tickers highlighted.

MEGACAP TECHNOLOGY
TickerNameSpot1 DayYTDTrend
AAPL Apple 316.22 -1.17% +16.63%
MSFT Microsoft 493.95 -1.15% +2.37%
GOOGL Alphabet 338.36 -0.03% +8.18%
AMZN Amazon 256.97 -0.60% +11.33%
META Meta Platforms 613.48 -0.53% -6.98%
TSLA Tesla 368.16 +3.98% -18.14%
NFLX Netflix 76.77 -1.89% -18.12%

Table 3. Same conventions as Table 2 (price only).

IMPLIED VS REALIZED — SEMIS
404060608080100100120120140140IV = HV · parityNVDAAMDAVGOAMATTXNMUSNDKWDCSTX Implied volatility (%) 30-day realized vol (%)
Figure 1. Above the dashed parity line = realizing more than options imply. Memory/storage highlighted.

3 Session Movers

The session's largest one-day moves in the liquid optionable universe.

TOP GAINERS
TickerNameLast1 Day
ROIV Roivant Sciences Ltd. 41.48 +18.75%
SEI Solaris Energy Infrastructure, Inc. 63.96 +16.29%
NBIS Nebius Group N.V. 243.88 +15.79%
SMR Nuscale Power Corp 11.18 +15.26%
AXTI Axt Inc 69.56 +12.85%
DOCN Digitalocean Holdings, Inc. 126.69 +12.64%
TOP LOSERS
TickerNameLast1 Day
DYN Dyne Therapeutics, Inc. 20.31 -16.35%
GPCR Structure Therapeutics Inc. 40.38 -14.70%
NVS Novartis Ag 137.70 -13.93%
HWM Howmet Aerospace Inc. 231.53 -10.70%
AMGN Amgen Inc 393.17 -10.08%
APPN Appian Corp 34.58 -9.88%

Table 4. Largest one-day moves, liquid U.S. optionable universe (known market cap ≥ $2B). Bars scaled within each panel.

4 Options & Implied Volatility

ATM implied-volatility movers and the semiconductor vol board.

ATM IV RISERS
TickerNameATM IVΔ 1 DayIV %ile
STX Seagate Technology Holdings Plc 73% +13.24% 54th
WDC Western Digital Corp 73% +11.98% 41st
SNDK Sandisk Corp 79% +11.93% 13th
MU Micron Technology Inc 67% +5.45% 42nd
AMD Advanced Micro Devices Inc 52% +4.51% 27th
ATM IV CRUSH
TickerNameATM IVΔ 1 DayIV %ile

Table 5. ATM implied-volatility movers across the semiconductor complex — Δ in vol points vs. prior close; percentile over 52 weeks.

5 Insider Filings, Desk Briefing & Week Ahead

Form 4 flow today: 4 buy / 36 sell prints (buy/sell ratio 0.11), led by MSFT, NVDA.

Insider buy/sell ratio today 0.11 parity 1.00
FORM 4 FILINGS
FiledInsider · TitleTickerNameSideSharesValue
09-08 STANTON JOHN W · Director MSFT Microsoft Corp BUY 125 —
09-08 SCHARF CHARLES W · Director MSFT Microsoft Corp BUY 125 —
09-08 List Teri · Director MSFT Microsoft Corp BUY 125 —
09-08 STEVENS MARK A · Director NVDA Nvidia Corp SELL 198,707 $45.2M
09-08 STEVENS MARK A · Director NVDA Nvidia Corp SELL 1,293 $295K
09-08 STEVENS MARK A · Director NVDA Nvidia Corp SELL 200,000 $46.0M

Table 6. Notable Form 4 filings; value = reported transaction value.

DESK BRIEFING
• ROIV — Roivant Sciences Ltd. issued a Regulation FD disclosure (SEC 8-K).
• AMZN — Qualcomm Signs Deal to Provide Amazon With Custom AI Chips · Bloomberg.
• META — Meta Launches Simple-To-Use Muse Personal AI Agent · Investor's Business Daily.
• TSLA — Uber Stock Falls As Wall Street Sizes Up Tesla's Cybercab Rollout · Investor's Business Daily.
• TSLA — XPeng Beats Tesla With This Humanoid Robot Milestone · Investor's Business Daily.
• AAPL — Louis Navellier's Apple stock rating shifts massively ahead of 'surprise and shine' event · TheStreet.
• AVGO — Top Analyst sets jaw-dropping Broadcom stock target after earnings · TheStreet.
• META — Bank of America sends wake-up call to Meta stock investors · TheStreet.
THE WEEK AHEAD
WhenEvent
Wed 9 Sep COO earnings — today
Wed 9 Sep SAIL earnings — today
Wed 9 Sep SUNB earnings — today
Thu 10 Sep CPRT earnings — tomorrow
Thu 10 Sep ORCL earnings — tomorrow

Table 7. Upcoming earnings, next three weeks.

For informational purposes only — not investment advice, a recommendation, or an offer to buy or sell any security. Data may contain errors or omissions.

DAILY MARKET BRIEFING sharpeiq.com/research 8 SEPTEMBER 2026