NEW YORK, September 3, 2026, 10:00 EDT — Nasdaq and the Dow climbed 0.7% as reduced yields helped cushion markets from the influence of $92 oil prices.
- By 10:00 EDT, the Nasdaq Composite was up 0.74% and the Dow climbed 0.72%.
- The iShares Russell 2000 ETF rose 0.14% compared to Wednesday, but declined 0.46% following the opening bell.
- WTI crude climbed to $92.12 while the yield on the 10-year Treasury declined by 4.4 basis points.
U.S. equities moved higher in the first 30 minutes of Thursday trade, as a drop in Treasury yields helped counterbalance the effects of $92-per-barrel oil. The Nasdaq Composite climbed 0.74% to 26,411.08. The Dow rose by 0.72%, while the S&P 500 increased 0.51% Yahoo Finance delayed market data.
The bond market gave a clearer indication. The 10-year yield was at 4.752% as of 09:48:33 EDT, a decrease of 4.4 basis points. WTI crude traded at $92.12 at 09:53:36 EDT, maintaining a gain of 1.22% Yahoo Finance.
Early trading saw mixed performance. The iShares Russell 2000 ETF NYSEARCA:IWM edged up 0.14% from Wednesday but slipped 0.46% from its 09:30 level by 10:00 EDT.
S&P 500: opening half-hour
Index level, five-minute observations
At the cutoff, the regular session had run for just 30 minutes. As a result, the available 30-minute period matches the session-to-date performance. The S&P rose by only 0.05% following the open, compared to a 0.51% gain from the previous day’s close.
Opening gap versus available 30 minutes
Percentage change at 10:00 EDT
The available 30-minute interval is the full regular session to this cutoff. Source: Yahoo Finance delayed quotes; ETF proxy: IWM.
Trading volume indicated focus rather than trend. SPY saw 6.24 million shares traded by 10:00 EDT. QQQ registered a volume of 5.59 million shares, while IWM posted 2.67 million shares exchanged.
Eight out of 11 sector funds ended higher than Wednesday’s close, with financials posting a 1.27% rise. Materials, staples, and healthcare sectors stayed in negative territory.
Sector breadth: positive, but split
- Financials+1.27%
- Communication+1.09%
- Consumer discretionary+0.95%
- Healthcare−0.50%
- Staples−0.64%
- Materials−0.72%
As of 10:00 EDT. Changes use Select Sector SPDR ETF prices. Source: Yahoo Finance delayed ETF data.
Investors received mixed signals on growth from new trade figures. The July trade gap expanded by $17.4 billion to reach $88.6 billion. Imports increased by 2.8%, whereas exports declined by 2.1% U.S. Bureau of Economic Analysis.
Updated productivity figures indicated reduced inflationary pressure. Nonfarm productivity increased by 1.4% on an annualized basis in the second quarter. Unit labor costs climbed 1.2%, slightly below the initial estimate of 1.3% U.S. Bureau of Labor Statistics.
Company developments increased the spread on the tape. Snowflake Inc. NYSE:SNOW jumped 22.46% after raising its full-year product revenue forecast to $6.07 billion SEC filing. NVIDIA Corp. NASDAQ:NVDA advanced 1.74% following news of its $12.93 billion agreement with Hugging Face NVIDIA Newsroom.
Broadcom Inc. NASDAQ:AVGO dropped 6.42% after projecting fourth-quarter revenue of $34.8 billion, falling short of analysts’ estimates, even as its quarterly revenue climbed 86% company release; Reuters.
Opening movers: guidance drew sharp verdicts
Change from Wednesday’s close at 10:00 EDT
Source: Yahoo Finance delayed prices; catalysts from company filings and Reuters.
“Markets have absorbed a lot of disruption and held up better than many people expected,” said Benjamin Jones, global research head at Invesco Ltd. NYSE:IVZ Reuters. Performance in the first half-hour reflected that sentiment, though small caps were weaker.
Risks: Crude over $92 may bring renewed inflation risks and lift yields. Clashes near Iran are currently the main threat to supply Associated Press. The U.S. jobs report on Friday could soon alter the trajectory for rates.
Related articles: NASDAQ:QQQ
