DAILY MARKET BRIEFING 29 SEPTEMBER 2026

S&P 500 7,670.84 -0.17% NASDAQ 26,797.54 -0.09% DOW 51,349.92 -0.26% RUSSELL 2,807.92 -0.35% FTSE 10,636.70 -0.45% DAX 25,399.21 +0.10% VIX 16.04 -0.19% US 10Y 5.25% +1 bp BTC 83,622.43 +0.14% ETH 2,676.72 -0.44%

U.S. CLOSE EDITION

IOVA leads, QURE lags — U.S. market close

SharpeIQ Research Desk · data as of 29 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. IOVA led gainers at +31.48%

2 Vol. 3 semis are realizing above implied (HV/IV > 1).

3 Laggards. QURE led decliners at -37.33%.

1 Global Dashboard

Close-to-close moves across US equity indices, rates and crypto. Front-month contracts: WTI Crude -3.48%; Brent Crude -2.56%; Silver -0.90%.

Index / ContractLast1 Day1 Wk1 MoYTD52-Wk RangeTrend

US EQUITY INDICES

S&P 500 7,670.84 -0.17% -1.21% -0.53% +12.06% 6,343.727,798.99

Nasdaq Composite 26,797.54 -0.09% -1.20% +0.97% +15.30% 20,794.6427,244.28

Dow Jones Industrial 51,349.92 -0.26% -0.99% -4.13% +6.84% 45,166.6454,349.12

Russell 2000 2,807.92 -0.35% -2.84% -5.53% +13.14% 2,305.113,068.42

INTERNATIONAL

FTSE 100 (UK) 10,636.70 -0.45% -0.67% -1.73% +7.10% 9,354.6010,910.60

DAX (Germany) 25,399.21 +0.10% -0.70% -3.27% +3.71% 22,300.7526,569.99

RATES & VOLATILITY

CBOE VIX 16.04 -0.19% +12.88% +11.16% +7.29% 13.4731.05

US 10-Year Yield 5.25% +1 bp +29 bp +58 bp +109 bp 3.95%5.25%

US 30-Year Yield 5.59% +3 bp +30 bp +40 bp +75 bp 4.54%5.59%

US 5-Year Yield 5.06% 0 bp +23 bp +67 bp +134 bp 3.51%5.07%

CRYPTO (24H)

Bitcoin 83,622.43 +0.14% -2.96% +4.07% -4.44% 58,558.86115,271.08

Ethereum 2,676.72 -0.44% -2.76% +6.45% -9.78% 1,564.824,245.47

ENERGY

WTI Crude 89.38 -3.48% -5.51% +7.17% +55.66% 55.27112.95

Brent Crude 102.59 -2.56% +3.37% +14.87% +68.59% 58.92118.35

Natural Gas 3.01 +0.37% +1.55% +4.26% -18.31% 2.527.46

METALS

Gold 4,179.70 +0.27% -4.49% -7.73% -3.72% 3,908.905,318.40

Silver 60.67 -0.90% -7.98% -9.44% -13.50% 46.56115.08

Copper 6.54 -0.34% -3.20% -0.28% +16.23% 4.806.80

Table 1. Close-to-close through 29 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 227.21 -0.72% -0.73% +21.98% 31% 3rd 39% 1.28

AMD Adv. Micro Devices 607.57 -0.05% -2.60% +183.70% 50% 19th 54% 1.08

AVGO Broadcom 355.10 +1.58% -2.59% +2.98% 37% 6th 34% 0.92

AMAT Applied Materials 512.01 +5.19% +8.37% +99.73% 57% 67th 50% 0.87

TXN Texas Instruments 281.69 +1.21% +3.79% +65.10% 48% 81st 29% 0.61

MU Micron 1,065.08 +1.05% -2.84% +273.39% 60% 17th 53% 0.89

SNDK SanDisk 1,729.76 +0.98% -8.33% +628.69% 69% 5th 82% 1.19

WDC Western Digital 453.48 +0.06% -2.39% +163.43% 67% 23rd 53% 0.79

STX Seagate 913.45 -0.87% -0.62% +231.69% 73% 51st 62% 0.86

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 329.40 -2.66% +21.50%

MSFT Microsoft 508.96 -0.05% +5.91%

GOOGL Alphabet 340.92 -0.53% +9.13%

AMZN Amazon 246.67 +0.21% +6.87%

META Meta Platforms 738.79 +3.24% +12.12%

TSLA Tesla 352.84 -1.29% -21.54%

NFLX Netflix 70.30 +1.55% -25.02%

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

IMPLIED VS REALIZED — SEMIS

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

IOVA Iovance Biotherapeutics, Inc. 14.45 +31.48%

CCL Carnival Corp Ltd. 25.11 +13.41%

WRBY Warby Parker Inc. 27.47 +11.39%

BE Bloom Energy Corp 291.25 +10.80%

MGNI Magnite, Inc. 25.67 +9.70%

IDT Idt Corp 75.56 +8.63%

TOP LOSERS

TickerNameLast1 Day

QURE Uniqure N.V. 24.51 -37.33%

FICO Fair Isaac Corp 617.87 -26.52%

WGS Genedx Holdings Corp. 75.79 -11.80%

NESR National Energy Services Reunited Corp. 26.49 -11.14%

PIPR Piper Sandler Companies 64.72 -9.72%

DKNG Draftkings Inc. 19.59 -7.42%

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

AMAT Applied Materials Inc /De 57% +3.17% 67th

STX Seagate Technology Holdings Plc 73% +2.22% 51st

AVGO Broadcom Inc. 37% +2.06% 6th

TXN Texas Instruments Inc 48% +0.79% 81st

ATM IV CRUSH

TickerNameATM IVΔ 1 DayIV %ile

MU Micron Technology Inc 60% -2.22% 17th

AMD Advanced Micro Devices Inc 50% -0.95% 19th

WDC Western Digital Corp 67% -0.95% 23rd

SNDK Sandisk Corp 69% -0.95% 5th

NVDA Nvidia Corp 31% -0.32% 3rd

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: 5 buy / 35 sell prints (buy/sell ratio 0.14), led by GOOGL.

Insider buy/sell ratio today 0.14 parity 1.00

FORM 4 FILINGS

FiledInsider · TitleTickerNameSideSharesValue

09-29 WALKER JOHN KENT · President, Global Affairs, CLO GOOGL Alphabet Inc. SELL 4,747 —

09-29 WALKER JOHN KENT · President, Global Affairs, CLO GOOGL Alphabet Inc. SELL 4,791 $1.6M

09-29 WALKER JOHN KENT · President, Global Affairs, CLO GOOGL Alphabet Inc. SELL 4,258 —

09-29 WALKER JOHN KENT · President, Global Affairs, CLO GOOGL Alphabet Inc. SELL 4,297 $1.5M

09-29 WALKER JOHN KENT · President, Global Affairs, CLO GOOGL Alphabet Inc. SELL 1,626 —

09-29 WALKER JOHN KENT · President, Global Affairs, CLO GOOGL Alphabet Inc. SELL 1,641 $556K

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

DESK BRIEFING

• CCL — Carnival Corporation reported record third-quarter net income of $1.9 billion GAAP and adjusted net income of $2.0 billion, with all-time high revenues and net yields, while providing full-year 2026 guidance for operational improvement of more than $150 million in adjusted net income. reported results of operations (SEC 8-K).

• CCL — Carnival Corp Ltd. reported results of operations (SEC 8-K).

• IOVA — IOVANCE BIOTHERAPEUTICS, INC. disclosed a material event (SEC 8-K).

• TSLA — Tesla, Inc. entered a material agreement (SEC 8-K).

• IDT — IDT reported record fourth quarter and full year 2026 results with consolidated gross profit up 18% in 4Q26 and consolidated Adjusted EBITDA of $154.6M (+17%) for FY 2026. reported results of operations (SEC 8-K).

• NVDA — Nvidia Rolls Out New Tools to Keep AI Agents in Line · Bloomberg.

• AAPL — Apple and Amazon face revived UK consumer lawsuit over product sales · Reuters.

• NVDA — Nvidia Debuts System Designed to Stop AI Agents From Going Awry · Bloomberg.

THE WEEK AHEAD

WhenEvent

Wed 30 Sep FDS earnings — today

Wed 30 Sep JBL earnings — today

Thu 1 Oct MU earnings — tomorrow

Thu 1 Oct ACN earnings — tomorrow

Thu 1 Oct MKC earnings — tomorrow

Fri 2 Oct NKE earnings — in 2 days

Tue 6 Oct RPM earnings — in 6 days

Wed 7 Oct INDU-C.ST earnings — in 7 days

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 29 SEPTEMBER 2026