NEW YORK, September 1, 2026, 14:00 EDT — The Nasdaq continued to trade down 0.9% on Tuesday, as West Texas Intermediate crude edged closer to the $90 mark.
- At 14:00 EDT, the Nasdaq Composite was at 26,121.71, declining 0.94%.
- WTI crude rose 4.97% from Monday’s close to hit $90.02 at 13:51 EDT.
- While the main indexes showed little change in the past hour, energy outperformed technology by 2.67 percentage points.
At 14:00 EDT, the Nasdaq Composite was still 0.94% lower. WTI crude neared $90, and the 10-year Treasury yield stayed close to 4.79% Nasdaq Composite data.
The main indexes moved little in the last hour. However, that stability masked a marked divergence between energy stocks and growth shares sensitive to interest rates.
Intraday index performance from Monday’s close
Regular session, percent change. As of .
Source: Yahoo Finance five-minute index feeds. Changes use the August 31 close.
The S&P 500 slipped 0.67% to 7,634.91. The Dow dropped 0.78% to 52,768.71 S&P 500; Dow Industrials.
The last hour versus the full session
Price change through 14:00 EDT. The session column uses Monday’s close.
Source: Yahoo Finance five-minute index feeds; values rounded to two decimals.
Between 13:00 and 14:00 EDT, the Nasdaq slipped 0.05%. The S&P ticked up 0.01%, and the Dow gained 0.06%.
October WTI was last at $90.02 as of 13:51 EDT, up 4.97% from its previous settlement at $85.76 WTI crude data.
The yield on the 10-year Treasury rose to 4.792% at 13:47 EDT, climbing 3.4 basis points from Monday’s close of 4.758% 10-year yield data.
Energy leads as growth sectors lag
Selected S&P 500 sector ETF proxies, session change at 14:00 EDT.
Spread: Energy led technology by 2.67 percentage points.
Source: Yahoo Finance; XLE, XLV, XLP, XLI, XLK and XLY.
Energy rose 1.12%, as technology dropped 1.55%. Consumer discretionary declined 1.63%, making it trail energy by 2.75 points as the weakest sector.
Earlier in the session, market breadth was still weak. At 11:31 EDT, the number of declining stocks outpaced advancers on the NYSE by a ratio of 1.96-to-1 and on the Nasdaq by 2.2-to-1, Reuters reported.
Shares of Advanced Micro Devices NASDAQ:AMD dropped 3.22% as of 14:00 EDT. NVIDIA Corporation NASDAQ:NVDA was down 1.22%, and Microsoft Corporation NASDAQ:MSFT slipped 1.14%.
Apple Inc. NASDAQ:AAPL rose 2.63%, outperforming a weaker tech sector. Fervo Energy Company NASDAQ:FRVO surged 26.66% following news of a 396-megawatt power deal with Google market-mover report.
Exxon Mobil Corporation NYSE:XOM advanced 1.92%. Chevron Corporation NYSE:CVX gained 1.70%, following a firmer crude market.
Job openings in July increased to 7.27 million, falling short of the 7.3 million forecast in a Reuters poll. The data had minimal impact on ongoing worries about inflation driven by oil.
Ryan Isherwood at Significance Capital commented that it was the right moment to “trim the winners and position a little bit more defensively.” The Associated Press reported that rising oil prices are adding to inflationary concerns.
Risks: A reversal in oil prices may drive yields down and reverse the rotation. Additional supply disruption could intensify pressure on growth stocks.
The upcoming payrolls report on Friday is the next key test. In the meantime, oil and long-term yields continue to act as the primary intraday channels for market activity.
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