S&P 500 and Nasdaq today: weak open due to oil

S&P 500 today: weak open and pressure on the Nasdaq and Dow: S&P 500 and Nasdaq

S&P 500 today: updated analysis with context for investors.

S&P 500 and Nasdaq: updated analysis with context for investors.

S&P 500 and Nasdaq: opening and early moves

S&P 500 today starts with a bearish bias at the Wall Street open this Wednesday, September 9, 2026. At 15:30 Madrid time (8:30 Mexico City), Reuters clearly pointed to a weaker tone before the bell: S&P 500 futures were down 32.5 points, or 0.42%, and Nasdaq 100 futures were off 177 points, or 0.60%, as the market digested Brent above $100 and a fresh rise in geopolitical tension in the Middle East. In real time, with the market already underway, Investing showed the cash S&P 500 at 7,654.40 points, down 0.25%, while the Nasdaq remained more fragile due to the sell-off in several tech giants. Reuters had reported before the bell the deterioration in futures.

The snapshot matters because it tells you where the market pain is today: in the inflation-yields mix. Brent rose above the psychological $100-a-barrel threshold for the first time since July, and that puts pressure back on inflation expectations and on the Federal Reserve. Reuters noted that the market was already pricing in a 62.4% probability of a 25-basis-point hike at next week’s meeting. If crude keeps pressing higher and the Fed does not ease up, the Nasdaq 100 suffers more because its valuations are more sensitive to high rates. Added to that is the 10-year T-Note around 4.81%, enough to cool risk appetite in growth.

Among big tech names, the open shows a very clear rotation. Nvidia was trading at $225.73, down 2.01%; Apple was falling 1.17% to $316.22; Amazon was shedding 0.60%; and Meta was showing a 0.53% decline on screen, although in premarket it had surged after the launch of its new autonomous artificial intelligence assistant. Tesla was the visible exception among megacaps, up 3.98% to $368.16, a sign that there are still pockets of momentum, but not broad and clean leadership.

Dow Jones: opening more heavily hit by energy and rates

The Dow Jones is once again the most vulnerable index at the start. Before the bell rang, Dow futures were down 393 points, or 0.74%, according to Reuters. Once trading began, Investing showed the industrial index at 52,566.00 points, a decline of 0.42%. It is a weaker opening than the S&P 500’s and confirms something very useful for traders: today it is not enough to just watch technology; the market is penalizing cyclicals, industrials, and names sensitive to financing.

There is an important nuance. Within the Dow, not everything is indiscriminate weakness. Reuters highlighted Dow Inc. in premarket, where it rose as much as 2.64% before the open following Bloomberg reports about a possible exit from its $20 billion chemicals alliance with Saudi Aramco. In other words, there are corporate stories capable of going against the market. But the overall balance remains defensive: expensive oil, high rates, and tense waiting ahead of the U.S. Treasury’s buyback announcement and this week’s inflation data.

Russell 2000: small caps without a safety net

The Russell 2000 is also opening weak, and that is a signal that should not be ignored. In premarket, Russell 2000 futures were down 0.14% on Investing. The practical reading is simple: when small caps do not participate, the market loses breadth. And if rising crude, higher odds of rate hikes, and elevated yields are all happening at the same time, the potential hit to smaller companies tends to be amplified because they depend more on financing costs and have less room to absorb macro shocks.

What it means for Spain and LatAm

For those trading in euros, the message from this opening is direct: do not focus only on whether Wall Street is falling or rising, focus on why it is doing so. Today the driver is oil and its impact on inflation, bonds, and the Fed. That affects the pricing of risk across the entire Western bloc. In the final stretch of the European session, this opening could cool banks, industrials, and consumer names, while energy and some defensive stories may hold up better. If you work with ETFs or U.S. stocks from Europe, the stretch between 15:30 and the European close concentrates a great deal of tactical volatility.

For those following the market in dollars from LatAm, the key is the same but in a different time window: the U.S. morning starts with macro pressure, not just corporate noise. That makes it necessary to clearly separate news-driven trading from structural moves. A rebound in a tech stock does not invalidate a context of higher money costs. If Brent consolidates above $100 and the upcoming inflation data do not provide relief, pressure on multiples may continue for several days. The link between both sides of the Atlantic is clear today: more energy and higher bond yields mean a less complacent and more selective market.

Stocks rising and falling the most at the open

On the upside, the opening is leaving names with real strength. Intel was up 9.05%, AMD was advancing 5.90%, and Tesla was gaining 3.98%, all with heavy volume on Investing’s screen. Among the market’s biggest gainers were also CorWave at +11.72%, Lumentum at +11.04%, and HPE at +7.75%. In premarket, Meta had surged as much as 3.6% after launching Muse, its autonomous AI assistant, and NETGEAR was up 8.9% due to an FCC regulatory change that could hurt competitors making routers outside the United States. Investing’s market screen also listed the main movers at the open.

On the downside, the pressure was more aggressive in specific stocks. Howmet Aerospace was down 10.70%, Amgen was losing 10.08%, and Stryker was retreating 8.81%. Declines in GoDaddy, Expedia, and Shopify also stood out, all above 7%. Outside the big names, Casey’s General Stores had fallen as much as 8.7% in premarket despite beating forecasts, in a classic sell-the-news move. Target Hospitality was down 7.1% due to a discounted secondary offering, and Chewy was soft after results that met expectations but did not surprise enough to justify the previous rally. Translation for the reader: today the market reaction matters more than the isolated headline. If the bar was set too high, even decent earnings can end up being punished.

This article is general financial information and does not constitute investment advice.

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