Market Update – September 1, 2026
On the first trading day of September, the Nasdaq Composite fell 0.56%, the Dow Jones Industrial Average dropped 0.39%, and the S&P 500 declined by 0.35%. Apple’s shares increased by 3% under the new CEO John Ternus, marking a positive start, but broader market declines were driven by rising macroeconomic concerns, primarily inflation linked to a 4.8% yield on 10-year Treasury notes, the highest since January 2025, and a continual rise in oil prices.
Market sentiment is further affected as traders anticipate Friday’s August jobs report, which will be crucial for future Federal Reserve rate hike considerations. Currently, there is a 65% chance of a September rate hike, heightened by recent comments from Fed officials. Twenty of the Dow’s 30 components are currently down, with notable drops in high-priced stocks such as Palo Alto Networks (-6%) and Lumentum Holdings (-5.3%).
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
