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Nasdaq 27,193 ยท Delta Air Lines misses earnings, cuts 2026 guidance on fuel costs ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #78 ยท Friday, October 9, 2026
Volatility (VIX)  Cautious ยท 15.3  โ–ผ from 15.4 yesterday
Worth noting  SpaceX (SPCX) moved -4.19% on the day.
Stock indexes fell modestly as tech shares sold off, with the Nasdaq down over 1% while cautious sentiment persists.
 
 

โ—  The Numbers

S&P 5007,765.36  -0.47%
+1.29% this week
Nasdaq Composite27,193.34  -1.25%
+1.20% this week
Dow Jones51,231.64  +0.10%
+0.60% this week
Russell 20002,794.13  +0.03%
-0.45% this week

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

โ—  The Movers

Leaders

AAPL Apple+1.11%
^DJI Dow Jones+0.10%
^RUT Russell 2000+0.03%

Laggards

SPCX SpaceX-4.19%
NVDA Nvidia-2.94%
AMZN Amazon-2.25%

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 (7,689.44) and 200-day (7,245.96) averages โ€” the longer-term trend reads as up. 30-day range 7,551.81โ€“7,818.93; currently in the upper third of that range. RSI(14) 61 โ€” momentum firm.

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

โ—  The Brief

 Delta Air Lines misses earnings, cuts 2026 guidance on fuel costs

Delta reported third-quarter results below Wall Street expectations for the first time in two years, citing fuel price increases, though management says customer demand remains solid. (CNBC)

 Nasdaq drops 1% in largest daily loss since mid-August

Technology shares sold off sharply Thursday, marking the Nasdaq's biggest one-day decline in recent months as investors reassess valuations. (CNBC)

 AI companies recruit Trump officials as national security focus intensifies

OpenAI and Anthropic are hiring people with political experience as artificial intelligence increasingly faces scrutiny as a national security matter. (CNBC)

 Margin debt hits record levels as retail investors increase leverage

Stock borrowing has surged to all-time highs with individual investors using leverage to amplify positions, which can magnify losses during downturns. (CNBC)

Partner

The charts we read every morning

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Markets 101

What are the "Magnificent Seven"?

A nickname for seven mega-cap tech giants โ€” Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, and Tesla โ€” whose size means their moves can sway the whole S&P 500.

Hit reply: Which section do you read first โ€” the Numbers, the Movers, or the Brief?
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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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