DAILY MARKET BRIEFING
9 SEPTEMBER 2026
S&P 500
7,636.36
-0.48%
NASDAQ
26,253.34
-0.64%
DOW
52,380.66
-0.77%
RUSSELL
2,921.23
-1.32%
FTSE
10,670.10
-1.31%
DAX
25,576.45
-1.66%
VIX
16.46
+4.71%
US 10Y
4.84%
+3 bp
BTC
78,812.78
+0.48%
ETH
2,497.60
+0.51%
U.S. CLOSE EDITION
SIG leads, TTAN lags — U.S. market close
SharpeIQ Research Desk · data as of 9 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. SIG led gainers at +23.96%
2
Vol. 7 semis are realizing above implied (HV/IV > 1).
3
Laggards. TTAN led decliners at -29.98%.
1 Global Dashboard
Close-to-close moves across US equity indices, rates and crypto. Front-month contracts: Natural Gas -4.29%; WTI Crude +3.68%; Brent Crude +3.27%.
Index / Contract Last 1 Day 1 Wk 1 Mo YTD 52-Wk Range Trend
US EQUITY INDICES
S&P 500
7,636.36
-0.48%
+0.06%
-1.51%
+11.55%
6,343.72
7,798.99
Nasdaq Composite
26,253.34
-0.64%
+0.59%
-1.32%
+12.96%
20,794.64
27,093.90
Dow Jones Industrial
52,380.66
-0.77%
-0.73%
-2.96%
+8.98%
45,166.64
54,349.12
Russell 2000
2,921.23
-1.32%
+0.04%
-3.19%
+17.70%
2,305.11
3,068.42
INTERNATIONAL
FTSE 100 (UK)
10,670.10
-1.31%
-0.80%
-1.77%
+7.44%
9,208.40
10,910.60
DAX (Germany)
25,576.45
-1.66%
-1.02%
-3.09%
+4.43%
22,300.75
26,569.99
RATES & VOLATILITY
CBOE VIX
16.46
+4.71%
+0.73%
+6.47%
+10.10%
13.47
31.05
US 10-Year Yield
4.84%
+3 bp
+4 bp
+14 bp
+67 bp
3.95%
4.84%
US 30-Year Yield
5.29%
+2 bp
+2 bp
+4 bp
+45 bp
4.54%
5.31%
US 5-Year Yield
4.61%
+4 bp
+6 bp
+21 bp
+89 bp
3.51%
4.61%
CRYPTO (24H)
Bitcoin
78,812.78
+0.48%
-1.08%
+13.78%
-9.94%
58,558.86
124,752.53
Ethereum
2,497.60
+0.51%
+1.69%
+10.93%
-15.82%
1,564.82
4,687.77
ENERGY
WTI Crude
96.45
+3.68%
+6.91%
+17.44%
+67.97%
55.27
112.95
Brent Crude
101.12
+3.27%
+6.84%
+15.28%
+66.18%
58.92
118.35
Natural Gas
2.79
-4.29%
-3.89%
-0.11%
-24.28%
2.52
7.46
METALS
Gold
4,456.20
+1.42%
+2.49%
+2.16%
+3.02%
3,643.70
5,318.40
Silver
68.25
+2.95%
+5.63%
+4.84%
-2.68%
41.71
115.08
Copper
6.85
+1.71%
+5.34%
+3.94%
+21.74%
4.54
6.85
Table 1. Close-to-close through 9 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
Ticker Name Spot 1 Day 1 Wk YTD ATM IV IV %ile 30d HV HV/IV
NVDA
NVIDIA
223.67
-0.91%
+2.87%
+20.08%
34%
11th
43%
1.27
AMD
Adv. Micro Devices
521.10
+3.04%
+13.38%
+143.32%
51%
24th
65%
1.28
AVGO
Broadcom
364.38
-1.13%
-1.43%
+5.67%
38%
4th
41%
1.09
AMAT
Applied Materials
468.85
-0.83%
+6.11%
+82.89%
53%
51st
67%
1.25
TXN
Texas Instruments
261.59
+1.03%
+3.26%
+53.32%
37%
49th
32%
0.87
MU
Micron
1,027.77
+2.75%
+10.11%
+260.31%
67%
42nd
79%
1.17
SNDK
SanDisk
1,764.17
+1.51%
+14.79%
+643.18%
79%
13th
129%
1.65
WDC
Western Digital
482.28
+1.04%
+7.07%
+180.16%
73%
41st
84%
1.14
STX
Seagate
885.92
-2.04%
+8.48%
+221.70%
73%
54th
71%
0.97
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
Ticker Name Spot 1 Day YTD Trend
AAPL
Apple
315.34
-0.28%
+16.31%
MSFT
Microsoft
491.65
-0.47%
+2.31%
GOOGL
Alphabet
330.65
-2.28%
+5.84%
AMZN
Amazon
252.40
-1.78%
+9.35%
META
Meta Platforms
653.69
+6.55%
-0.79%
TSLA
Tesla
367.81
-0.10%
-18.21%
NFLX
Netflix
76.03
-0.96%
-18.91%
Table 3. Same conventions as Table 2 (price only).
IMPLIED VS REALIZED — SEMIS
40 40 60 60 80 80 100 100 120 120 IV = HV · parity NVDA AMD AVGO AMAT TXN MU SNDK WDC STX
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
Ticker Name Last 1 Day
SIG
Signet Jewelers Ltd
102.48
+23.96%
ASO
Academy Sports & Outdoors, Inc.
51.15
+14.40%
NET
Cloudflare, Inc.
314.18
+10.51%
SSL
Sasol Ltd
14.58
+9.62%
TRMD
Torm Plc
35.46
+8.97%
PLSE
Pulse Biosciences, Inc.
52.97
+8.57%
TOP LOSERS
Ticker Name Last 1 Day
TTAN
Servicetitan, Inc.
57.12
-29.98%
TBBK
Bancorp, Inc.
50.03
-22.33%
BRZE
Braze, Inc.
23.73
-21.73%
CASY
Caseys General Stores Inc
629.03
-14.24%
KRMN
Karman Holdings Inc.
35.22
-11.26%
NAMS
Newamsterdam Pharma Co N.V.
22.79
-11.08%
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
Ticker Name ATM IV Δ 1 Day IV %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
TXN
Texas Instruments Inc
37%
+2.40%
49th
ATM IV CRUSH
Ticker Name ATM IV Δ 1 Day IV %ile
AMD
Advanced Micro Devices Inc
51%
-1.43%
24th
AVGO
Broadcom Inc.
38%
-0.32%
4th
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: 33 buy / 7 sell prints (buy/sell ratio 4.71), led by TSM.
Insider buy/sell ratio
today 4.71
parity 1.00
FORM 4 FILINGS
Filed Insider · Title Ticker Name Side Shares Value
09-09
Wu Yi-Huang · VP
TSM
Taiwan Semiconductor Manufacturing Co Ltd
BUY 40
$3K
09-09
Yoo Chue-San · VP
TSM
Taiwan Semiconductor Manufacturing Co Ltd
BUY 53
$4K
09-09
Yeap Choh Fei · SVP
TSM
Taiwan Semiconductor Manufacturing Co Ltd
BUY 54
$4K
09-09
Zhang Kevin Xiaoqiang · SVP and Deputy Co-COO
TSM
Taiwan Semiconductor Manufacturing Co Ltd
BUY 61
$5K
09-09
Yuan Lipen · VP
TSM
Taiwan Semiconductor Manufacturing Co Ltd
BUY 41
$3K
09-09
Mii Yuh-Jier · EVP and Co-COO
TSM
Taiwan Semiconductor Manufacturing Co Ltd
BUY 71
$5K
Table 6. Notable Form 4 filings; value = reported transaction value.
DESK BRIEFING
•
AMZN — AMAZON COM INC announced an executive/board change (SEC 8-K).
•
STX — Seagate Technology Holdings plc issued a Regulation FD disclosure (SEC 8-K).
•
NVDA — Nvidia plans major expansion of data centre capacity in Australia to meet AI demand · Reuters.
•
NVDA — US DOJ probes Nvidia's licensing deal with AI startup Groq, NYT reports · Reuters.
•
AMZN — Amazon lends boost to Europe's Ariane at Paris space gathering · Reuters.
•
AAPL — Apple's Rally Pressures New CEO to Deliver on Foldable iPhone · Bloomberg.
•
AAPL — Meta & Lyft Move Higher, Apple's Foldable iPhone | Stock Movers · Bloomberg.
•
TSLA — Why Analysts Are Bearish On This Tesla Energy Rival · Investor's Business Daily.
THE WEEK AHEAD
When Event
Thu 10 Sep
CPRT earnings — today
Thu 10 Sep
ORCL earnings — today
Thu 10 Sep
ADBE earnings — today
Fri 11 Sep
KR 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
9 SEPTEMBER 2026