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Nakagai Daily Brief

Wed 16 Sep 2026

Before the open, every trading day

Premarket

S&P 500SPY
+0.34%
at 759.98
By the close-0.78%
Nasdaq 100QQQ
+0.43%
at 707.64
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.

Yields top 5% before a Fed decision, stocks close lower but premarket higher.

Tone

The S&P 500 closed down 0.44%, the Nasdaq 100 down 0.65%, the Dow down 0.62%, the Russell 2000 down 0.95%. Premarket, the S&P 500 is up 0.34%, the Nasdaq 100 up 0.43%. Dow and Russell 2000 premarket prices are not in yet. The S&P 500 structure score is 48, balanced: no clear edge, though the drop left the index near the low of its five-day range, and that position is the bigger picture.

The market-wide story is rates: headlines put the 10-year Treasury yield above 5%, its highest since 2007, with oil past $105, a Fed decision Wednesday and hike odds at 93%. Nvidia leads company news: it bought Hugging Face for $12.9 billion, a software deal headlines call a major shift, and Meta's chief executive joined Nvidia's in rejecting a coordinated AI slowdown.

The economic and earnings calendars are unavailable in this feed, so check the page.

Structure

Balanced48/100

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+1.62
  • IEX premarket +0.3% vs prior close+20.95

News

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Today

Economic releases

Calendar unavailable

Earnings

Calendar unavailable

Key levels

LevelS&P 500SPYNasdaq 100QQQDowDIARussell 2000IWM
Prior close757.42704.60521.26285.16
Prior high760.32709.52523.51286.85
Prior low756.18703.63519.24284.10
5-day high766.35719.63527.30294.14
5-day low756.18702.81519.24284.10
IEX premarket759.98707.64n/an/a

Informational only. Not financial advice or a trade signal.

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