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Nakagai Daily Brief

Wed 2 Sep 2026

Before the open, every trading day

Premarket

S&P 500SPY
+0.05%
at 761.99
By the close+0.41%
Nasdaq 100QQQ
-0.19%
at 706.33
By the close+0.42%
DowDIA
n/a
No premarket print
Russell 2000IWM
n/a
No premarket print

IEX premarket price against the prior close.

Stocks fell on rising yields and oil; Trump says US is striking Iranian targets.

Tone

The S&P 500 fell 0.68%, the Dow 0.71%, the Nasdaq 100 1.26%, the Russell 2000 1.12%. Premarket, the S&P 500 is flat, the Nasdaq 100 is 0.19% lower, and Dow and Russell 2000 prices are not in yet. The S&P 500 scores 41, Balanced: the medium trend is still up, but price sits near the low of its recent range and below its short-term average. The trend is the bigger picture.

The most-covered story attributes the fall to rising yields and oil, with Apple the lone bright spot. Trump said the US is striking Iranian targets near the Strait of Hormuz and warned of a harder hit if Iran retaliates. ISM manufacturing employment cooled and July construction spending missed estimates. A Broadcom Q3 preview says Nvidia's record results raise the pressure to prove itself.

Today's economic and earnings calendar is unavailable, so check the schedule before the open.

Structure

Balanced41/100

Describes where SPY stands now. Not a forecast.

  • SPY below its 20-day average+0
  • 20-day average above the 50-day+25
  • In the lower third of its 20-day range+2.69
  • IEX premarket +0.1% vs prior close+13.68

News

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Today

Economic releases

Calendar unavailable

Earnings

Calendar unavailable

Key levels

LevelS&P 500SPYNasdaq 100QQQDowDIARussell 2000IWM
Prior close761.63707.65527.63290.59
Prior high764.67712.24531.60292.93
Prior low759.49704.68526.93289.99
5-day high775.29724.11537.68300.37
5-day low759.49704.68526.93289.99
IEX premarket761.99706.33n/an/a

Informational only. Not financial advice or a trade signal.

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