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Nasdaq 26,418 ยท Warren Buffett steps down as Berkshire chairman ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #63 ยท Friday, September 18, 2026
Volatility (VIX)  Cautious ยท 15.4  โ–ผ from 15.4 yesterday
Stocks gained moderately as tech rebounded and major leadership transitions signaled confidence in corporate futures.
 
 

โ—  The Numbers

S&P 5007,637.76  +1.14%
+0.61% this week
Nasdaq Composite26,418.30  +1.69%
+1.29% this week
Dow Jones51,778.04  +0.61%
-0.55% this week
Russell 20002,874.63  +0.55%
-0.56% this week

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

โ—  The Movers

Leaders

SPCX SpaceX+2.60%
NVDA Nvidia+2.54%
TSLA Tesla+2.27%

Laggards

^RUT Russell 2000+0.55%
^DJI Dow Jones+0.61%
^GSPC S&P 500+1.14%

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

โ—  The Read

S&P 500 โ€” description, not prediction

Trading above both its 50-day (7,615.10) and 200-day (7,178.86) averages โ€” the longer-term trend reads as up. 30-day range 7,551.81โ€“7,798.99; currently in the middle third of that range. RSI(14) 43 โ€” momentum weak.

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

โ—  The Brief

 Warren Buffett steps down as Berkshire chairman

Warren Buffett is transitioning from chairman to his son Howard, completing a long-planned succession at Berkshire Hathaway, one of the largest US conglomerates. (CNBC)

 Options traders surge into AI and tech trades

Unusual bullish options activity picked up in technology stocks Thursday as traders repositioned amid the sector's recent gains. (CNBC)

 JPMorgan upgrades Tyson Foods on tailwinds

JPMorgan raised Tyson Foods to overweight, citing improving conditions for the poultry and beef processor. (CNBC)

 Tech reset creates relative value opportunity

Sideways market movement combined with solid earnings growth is making technology stocks relatively more attractive than broader market, Truist analysts say. (MarketWatch)

Partner

The charts we read every morning

TradingView is the charting platform a lot of "The Read" leans on โ€” live charts, screeners and alerts for stocks, indexes and the VIX. New to it? This link puts toward a paid plan.

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Markets 101

What is the S&P 500?

An index tracking 500 of the largest US companies, weighted by market value. It's the most-watched gauge of "the US stock market" because those 500 firms are most of its total value.

Hit reply: What made you start following the stock market?
A human reads every answer.

Stock Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Stocks carry risk โ€” 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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