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Nasdaq 25,982 Β· Crypto declines ahead of Fed rate decision ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #61 Β· Wednesday, September 16, 2026
Volatility (VIX)  Cautious Β· 17.0  β–Ό from 17.2 yesterday
Stock indexes fell modestly as investors await the Federal Reserve decision, with crypto declining after failed legislative clarity.
 
 

●  The Numbers

S&P 5007,585.73  -0.45%
-1.14% this week
Nasdaq Composite25,981.57  -0.78%
-1.66% this week
Dow Jones52,093.11  -0.63%
-1.31% this week
Russell 20002,870.29  -0.76%
-3.04% this week

Before the bell: see how Asia, Europe & US futures traded overnight →

●  The Movers

Leaders

META Meta+0.70%
NVDA Nvidia+0.57%
^GSPC S&P 500-0.45%

Laggards

SPCX SpaceX-3.15%
AMZN Amazon-2.02%
MSFT Microsoft-1.64%

The day's best and worst of the tracked indices and mega-caps Β· day-over-day change.

●  The Read

S&P 500 β€” description, not prediction

Between its 50-day (7,611.04) and 200-day (7,171.23) averages β€” a trend in transition. 30-day range 7,585.73–7,798.99; currently in the lower third of that range. RSI(14) 42 β€” momentum weak.

See where every market sits on the daily page β†’

●  The Brief

 Crypto declines ahead of Fed rate decision

Bitcoin and ethereum prices fell after the CLARITY Act failed to pass and as markets await the Federal Reserve's upcoming decision on interest rates. (Yahoo Fin)

 Union Pacific outperforming; UBS sees gains ahead

Union Pacific delivered strong volume and pricing growth this year, and UBS analysts expect continued value gains from improved operational performance. (CNBC)

 AstraZeneca drug pipeline could extend growth beyond 2030

Leading analysts project AstraZeneca's upcoming news on drug development could sustain the company's growth trajectory well into the next decade. (Yahoo Fin)

 ServiceNow, Twilio lead tech buys as Fed decision nears

ServiceNow and Twilio among new fund positions as investors position ahead of the Federal Reserve's rate decision and bond market implications. (Yahoo Fin)

Partner

The charts we read every morning

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Markets 101

Are half-days real?

Yes β€” around certain holidays (like the day after Thanksgiving and Christmas Eve) US markets close early at 1:00pm ET. Full holidays close the whole day; we skip those mornings.

β€œMarkets are a description of today, not a forecast of tomorrow.”

Stock Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Stocks carry risk β€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured shortly before the opening bell.

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