DAILY MARKET BRIEFING 9 NOVEMBER 2026

S&P 500 7,549.94 +2.35% NASDAQ 25,253.14 +2.74% DOW 52,389.75 +2.15% RUSSELL 2,840.81 +3.15% FTSE 10,782.90 +1.02% DAX 26,267.19 +1.73% VIX 19.92 -22.31% US 10Y 4.86% 0 bp BTC 74,014.91 -2.32% ETH 2,105.46 -5.74%

U.S. CLOSE EDITION

PRAX leads, ACAD lags — U.S. market close

SharpeIQ Research Desk · data as of 9 Nov 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. PRAX led gainers at +19.94%

2 Vol. 8 semis are realizing above implied (HV/IV > 1).

3 Laggards. ACAD led decliners at -22.28%.

1 Global Dashboard

Close-to-close moves across US equity indices, rates and crypto. Front-month contracts: Copper +1.63%; Gold +1.18%.

Index / ContractLast1 Day1 Wk1 MoYTD52-Wk RangeTrend

US EQUITY INDICES

S&P 500 7,549.94 +2.35% +0.11% -3.35% +10.29% 6,343.72 7,818.93

Nasdaq Composite 25,253.14 +2.74% +0.35% -7.72% +8.65% 20,794.64 27,599.79

Dow Jones Industrial 52,389.75 +2.15% +0.78% +1.42% +9.00% 45,166.64 54,349.12

Russell 2000 2,840.81 +3.15% +1.24% +1.21% +14.46% 2,305.11 3,068.42

INTERNATIONAL

FTSE 100 (UK) 10,782.90 +1.02% +0.20% +2.19% +8.57% 9,507.40 10,910.60

DAX (Germany) 26,267.19 +1.73% +1.10% +4.70% +7.25% 22,300.75 26,569.99

RATES & VOLATILITY

CBOE VIX 19.92 -22.31% -5.82% +34.23% +33.24% 13.47 31.05

US 10-Year Yield 4.86% 0 bp -3 bp -38 bp +70 bp 3.96% 5.31%

US 30-Year Yield 5.26% 0 bp -1 bp -34 bp +42 bp 4.63% 5.67%

US 5-Year Yield 4.66% +1 bp -3 bp -36 bp +94 bp 3.51% 5.09%

CRYPTO (24H)

Bitcoin 74,014.91 -2.32% -7.95% -9.58% -15.42% 58,558.86 96,929.33

Ethereum 2,105.46 -5.74% -13.08% -12.45% -29.04% 1,564.82 3,354.72

ENERGY

WTI Crude 85.84 -0.68% roll -11.01% -6.54% +49.49% 55.27 112.95

Brent Crude 91.72 -0.73% roll -12.46% -12.41% +50.73% 58.92 118.35

Natural Gas 3.20 -0.34% roll +12.15% -0.53% -13.10% 2.52 7.46

METALS

Gold 4,122.80 +1.18% +3.86% -2.22% -5.03% 3,898.90 5,318.40

Silver 52.96 -1.05% roll +4.42% -12.71% -24.49% 49.10 115.08

Copper 6.34 +1.63% -3.13% -4.57% +12.59% 4.96 6.80

Table 1. Close-to-close through 9 Nov. 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 178.67 -4.27% -11.58% -4.08% 61% 100th 48% 0.79

AMD Adv. Micro Devices 508.58 +13.26% +8.94% +137.48% 58% 54th 114% 1.97

AVGO Broadcom 319.48 +8.78% -0.85% -7.18% 57% 87th 64% 1.13

AMAT Applied Materials 370.55 +11.37% -1.06% +44.70% 57% 62nd 88% 1.54

TXN Texas Instruments 295.73 +6.62% -2.08% +73.33% 43% 66th 56% 1.29

MU Micron 733.15 +6.25% -12.05% +157.02% 48% 5th 95% 2.00

SNDK SanDisk 886.51 +6.16% -17.54% +273.46% 71% 10th 123% 1.74

WDC Western Digital 289.78 +9.86% -14.42% +68.34% 72% 38th 104% 1.44

STX Seagate 506.14 +9.79% -14.76% +83.79% 64% 16th 98% 1.53

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 350.69 +2.43% +29.35%

MSFT Microsoft 545.18 +2.75% +13.44%

GOOGL Alphabet 288.15 +1.18% -7.76%

AMZN Amazon 266.93 +2.94% +15.64%

META Meta Platforms 641.37 +5.12% -2.66%

TSLA Tesla 378.05 +5.54% -15.94%

NFLX Netflix 63.95 +0.85% -31.79%

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

PRAX Praxis Precision Medicines, Inc. 332.97 +19.94%

QXO Qxo, Inc. 13.78 +19.20%

CECO Ceco Environmental Corp 52.00 +18.97%

WRBY Warby Parker Inc. 30.21 +18.56%

FLY Firefly Aerospace Inc. 24.31 +17.10%

COHR Coherent Corp. 225.19 +16.79%

TOP LOSERS

TickerNameLast1 Day

ACAD Acadia Pharmaceuticals Inc 16.50 -22.28%

IONS Ionis Pharmaceuticals Inc 31.00 -21.36%

IBRX Immunitybio, Inc. 7.11 -17.66%

ARWR Arrowhead Pharmaceuticals, Inc. 49.24 -15.34%

HIMS Hims & Hers Health, Inc. 22.94 -11.77%

MNDY Monday.Com Ltd. 79.93 -9.10%

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

NVDA Nvidia Corp 61% +15.40% 100th

WDC Western Digital Corp 72% +6.19% 38th

TXN Texas Instruments Inc 43% +1.11% 66th

AVGO Broadcom Inc. 57% +0.79% 87th

ATM IV CRUSH

TickerNameATM IVΔ 1 DayIV %ile

AMAT Applied Materials Inc /De 57% -19.53% 62nd

AMD Advanced Micro Devices Inc 58% -12.86% 54th

STX Seagate Technology Holdings Plc 64% -11.43% 16th

SNDK Sandisk Corp 71% -6.19% 10th

MU Micron Technology Inc 48% -3.97% 5th

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: 13 buy / 27 sell prints (buy/sell ratio 0.48), led by MORN, QLYS.

Insider buy/sell ratio today 0.48 parity 1.00

FORM 4 FILINGS

FiledInsider · TitleTickerNameSideSharesValue

11-06 Mansueto Joseph D · Director, Executive Chairman, 10% Owner MORN Morningstar, Inc. SELL 78 $19K

11-06 Mansueto Joseph D · Director, Executive Chairman, 10% Owner MORN Morningstar, Inc. SELL 1,896 $467K

11-06 Mansueto Joseph D · Director, Executive Chairman, 10% Owner MORN Morningstar, Inc. SELL 2,932 $724K

11-06 Mansueto Joseph D · Director, Executive Chairman, 10% Owner MORN Morningstar, Inc. SELL 2,248 $557K

11-06 Mansueto Joseph D · Director, Executive Chairman, 10% Owner MORN Morningstar, Inc. SELL 96 $24K

11-06 POSEY BRUCE K · CHIEF LEGAL OFFICER QLYS Qualys, Inc. BUY 15,241 —

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

DESK BRIEFING

• AAPL — Apple Inc. disclosed a material event (SEC 8-K).

• TXN — TEXAS INSTRUMENTS INC disclosed a material event (SEC 8-K).

THE WEEK AHEAD

WhenEvent

Tue 10 Nov VIV earnings — today

Tue 10 Nov VOD earnings — today

Tue 10 Nov TDG earnings — today

Tue 10 Nov EMBJ earnings — today

Tue 10 Nov PBR earnings — today

Tue 10 Nov ALC earnings — today

Tue 10 Nov VG earnings — today

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 NOVEMBER 2026