NEW YORK, September 1, 2026, 06:00 EDT
- At 05:54 EDT, Nasdaq-100 futures were at 29,220.25, down 0.99% from the settlement level.
- WTI crude gained 2.70% to reach $88.08, while Brent climbed 2.08% to $92.37.
- Nasdaq futures eased 0.03% after 05:00, after dropping 0.66% during the first hour.
Futures tracking the Nasdaq-100 slipped roughly 1% ahead of the Tuesday session as growth valuations came under pressure from oil and rate concerns. At 05:54 EDT, the contract stood at 29,220.25, down from a previous settlement at 29,513 Nasdaq-100 futures.
Timing played a key role. Futures dropped 0.66% from 04:00 to 05:00 EDT. Over the following 54 minutes, they eased just 0.03%. Selling paused, yet the gap remained unfilled by buyers.
Losses were widespread. S&P 500 futures dropped 0.57% from the previous close. Dow futures slipped 0.63%, and Russell 2000 futures retreated 0.55% U.S. futures overview.
Futures sold off early, then steadied
Change from the 04:00 EDT premarket opening, percent
Source: Yahoo Finance delayed futures dataAs of
Fresh clashes between the U.S. and Iran stoked concerns over supplies passing through the Strait of Hormuz. WTI rose 2.70% to $88.08. Brent climbed 2.08% to $92.37 Associated Press; WTI quote.
Rates introduced a second discount. The 10-year Treasury yield last finished at 4.758%, an increase of 3.8 basis points Treasury yield. Federal Reserve Chairman Kevin Warsh stated Friday that “inflation remained too high” Federal Reserve. LSEG data showed the probability of a September hike at 67.5% as of 05:04 EDT market report.
Nasdaq carried the largest settlement gap
Delayed futures quotes versus prior settlement, percent
Source: Yahoo Finance. Quotes at 05:54 EDT.
Energy stood out as the main sector hedge. The Energy Select Sector SPDR Fund rose 1.02% by 06:00 EDT, while technology slipped 1.32%. Both industrials and real estate declined around 0.5% sector ETF quotes.
Oil created a sharp sector split
Premarket ETF change from Monday’s close
Source: Yahoo Finance sector ETF quotes. Latest verified prints between 05:36 and 06:00 EDT.
GoPro Inc. NASDAQ:GPRO led named movers, surging 86.4% to $1.63 by 06:00 EDT. Mark Fischbach, known as Markiplier, revealed an 8.5% stake Benzinga.
Shares of Robinhood Markets Inc. NASDAQ:HOOD rose 2.6% to $107.54 after Morgan Stanley NYSE:MS upgraded the company to Overweight. Morgan Stanley also lifted its price target to $150 from $124 upgrade details.
The macro split extended to large-cap stocks. Shares of Exxon Mobil Corp. NYSE:XOM gained 0.8%. Chevron Corp. NYSE:CVX was up 0.9%. Nvidia Corp. NASDAQ:NVDA slipped 1.2%, and Apple Inc. NASDAQ:AAPL declined 0.4%.
Company moves reflected separate catalysts
Premarket change from Monday’s close; GoPro shown on a separate scale
Source: Yahoo Finance extended-hours quotes. As of 06:00 EDT.
Data on cash-market breadth and consolidated volume had not been released. Regular trading is set to open at 09:30 EDT. At 05:49 EDT, the Cboe volatility index was at 15.86, reflecting a 6.3% increase from Monday’s close VIX quote.
Investors will turn their attention to manufacturing data at 09:45 EDT. JOLTS job openings and construction spending figures will be released at 10:00 economic calendar. These updates may influence rate trading ahead of the payrolls report on Friday.
Risks: Premarket quotes may shift on limited volume. A rebound in oil prices could benefit growth stocks. Renewed conflict or strong data might further widen the discount.
Related articles: Commodities
