Sanctuary Research

Daily Market Briefings

Free market commentary, updated every trading day.

November 13, 2026
Equity futures are modestly higher this Friday ahead of the October PPI report.
November 12, 2026
Thursday pre-market trade is risk-off at the top of the cap-weighted indices: S&P 500 futures sit at 7607.75 (-0.43%) and Nasdaq futures at 28195.75 (-0.97…
November 11, 2026
Equity futures are indicating a firmer Wednesday open. The S&P 500 is at 7564.79 (+0.58%), the Nasdaq at 25422.02 (+1.42%) and the Dow at 52323.74 (+0.18%)…
November 10, 2026
U.S. equity futures are mixed in Tuesday's pre-market. The S&P 500 is indicated essentially flat near 7,549 (-0.01%), the Nasdaq is down 0.47% at 25,133, a…
November 9, 2026
Equity futures point to a firmly higher open on Monday. S&P 500 futures are at 7462.75 (+0.82%), Nasdaq futures at 27328.5 (+0.90%) and Dow futures at 5190…
November 8, 2026
Friday's session ended with a split tape: the S&P 500 rose 0.31% to 7,376.86 and the Nasdaq gained 1.09% to 24,579.43 on a semiconductor-led AI bid, while…
November 7, 2026
Friday's session ended split. The Nasdaq rallied 1.09% to 24,579.43 and the S&P 500 added 0.31% to 7,376.86, while the Dow slipped 0.46% to 51,285.73 as a…
November 6, 2026
Stocks face a pivotal Friday after Thursday's rout erased the post-election rally: the S&P 500 fell 4.36% to 7,353.73, the Nasdaq dropped 5.52% to 24,315.0…
November 5, 2026
Thursday's tape is split along style lines: the S&P 500 is indicated at 7,664.22 (-0.32%) and the Nasdaq at 25,420.96 (-1.23%) as weak chip earnings weigh,…
November 4, 2026
U.S. equity futures point to a split open this Wednesday after Democrats were seen sweeping Congress in the midterms: S&P 500 futures are up 0.74% at 7653…
November 3, 2026
U.S. equity futures are mixed on Tuesday morning as traders position ahead of the midterm election results.
November 2, 2026
U.S. equity futures point to a firmer start this Monday, with S&P 500 futures up 0.36% at 7641.50, Nasdaq futures up 0.64% at 28716.50, and Dow futures up…
November 1, 2026
On this Sunday, November 1, the S&P 500 sits at 7,580.07 (-1.82%), the Nasdaq at 25,437.00 (-2.86%) and the Dow at 51,770.31 (-1.09%) after Friday's risk-o…
October 29, 2026
U.S. equity futures are lower in Thursday's pre-market as an 11.3% post-earnings drop in Alphabet (GOOGL) weighs on growth: S&P 500 futures are down 0.36%…
October 28, 2026
The S&P 500 (+0.21%) is at 7739.07 and the Dow (+0.30%) at 52536.77 heading into Wednesday's FOMC decision, while the Nasdaq Composite is flat at 26477.62…
October 27, 2026
U.S. equity futures point to a modestly higher open this Tuesday, with S&P 500 futures up 0.39% at 7744.50, NASDAQ futures up 0.60% at 29613.25 and Dow fut…
October 26, 2026
Stock futures are pointing to a modestly higher open this Monday, with S&P 500 futures up 0.31% at 7683.5, Nasdaq futures up 0.60% at 29291.5, and Dow futu…
October 23, 2026
Equity futures are pointing lower this Friday ahead of the open.
October 22, 2026
U.S. equity futures are pointing to a sharply lower open this Thursday, with S&P 500 futures at 7725.0 (-0.96%), Nasdaq 100 futures at 29504.75 (-1.67%) an…
October 21, 2026
U.S. equity futures point to a higher open on Wednesday, led by tech and AI-linked names after upbeat SpaceX earnings: S&P 500 futures are up 0.29% at 7,77…
October 20, 2026
Today's feed (Tuesday) did not include index closing levels, so direction cannot be confirmed; SPY options positioning puts the tape between the 760 put wa…
October 19, 2026
Equity futures point to a mixed-to-higher open Monday as the AI trade rebounds, with S&P 500 futures +0.43% (cash 7,692.25) and NASDAQ futures leading +1.2…
October 17, 2026
A sharp growth-to-value rotation defined Friday's session as the NASDAQ sank 2.15% to 26,140 and the S&P 500 fell 1.09% to 7,659, while the Dow limited its…
October 16, 2026
Equities are mixed in early Friday trade, with the S&P 500 (7752.51, +0.11%) and Dow (52242.38, +0.12%) edging higher while the NASDAQ (26629.73, -0.31%) l…
October 15, 2026
Stocks are mixed Thursday afternoon as the Dow outperforms at 52,091 (+0.91%) and the S&P 500 clings to a 7,731 (+0.16%) gain, while the Nasdaq Composite l…
October 14, 2026
Equities point lower Wednesday after a hotter-than-feared September CPI, with S&P 500 futures at 7,833.75 (-0.28%), Nasdaq futures -0.58%, and Dow futures…
October 13, 2026
A classic rotation Tuesday: the Dow outperforms at +0.84% (52,287) while the Nasdaq lags -0.76% (27,038) and the S&P 500 hovers near flat at -0.08% (7,801)…
October 12, 2026
Equities are mixed to little changed early Monday, with S&P 500 futures flat near 7862.50, the Dow unchanged around 51655, and the NASDAQ a slight laggard…
October 9, 2026
Equity futures point to a modestly higher open Friday, with S&P 500 futures +0.23% (cash 7,783.24), Nasdaq futures +0.58% and Dow futures flat (-0.03%), as…
October 8, 2026
Equities are pointed lower early Thursday, with S&P 500 futures off 0.41% (cash index 7769.73), Nasdaq futures down 0.68% and Dow futures lower by 0.64%, a…
October 7, 2026
Equities are pointing lower ahead of Wednesday's open, with S&P 500 futures down 0.40% (cash index 7,787.65), Nasdaq off 0.70% (27,406.49), and the Dow low…
October 6, 2026
Equities are firmly higher in Tuesday pre-market trade, with the S&P 500 up 0.43% to 7807, the NASDAQ +0.54% to 27626, and the Dow +0.52% to 51536 as mega-…
October 5, 2026
U.S. equities are modestly lower in pre-market trade Monday, with S&P 500 futures off 0.11% around 7768, Nasdaq futures down 0.21% and Dow futures lower by…
October 2, 2026
Equity futures are firmly higher Friday, with S&P 500 futures +0.89% (cash 7,734), Nasdaq futures +1.24% and Dow futures +0.95%, as a strikingly weak Septe…
October 1, 2026
U.S. equity futures point to a modestly higher open Thursday, with S&P 500 futures +0.26% (cash index near 7,672), Nasdaq futures +0.40% and Dow futures +0…
September 30, 2026
Stocks are mixed and rotational on Wednesday, with the S&P 500 off 0.25% to 7651.54 and the Dow down 0.86% to 50906.05, while tech leadership lifts the Nas…
September 29, 2026
Equities are edging higher in early Tuesday trade, with the S&P 500 up 0.09% to 7,690, the NASDAQ leading at +0.22% to 26,880 and the Dow flat at +0.06% to…
September 28, 2026
Equities are set to open modestly lower Monday, with S&P 500 futures off 0.30% (cash index near 7720), Nasdaq futures down 0.48% (26938), and Dow futures l…
September 25, 2026
Equities point to a modestly higher open Friday, with S&P 500 futures +0.23% (fair value near 7784.75), Nasdaq futures +0.36%, and Dow futures +0.27%, as U…
September 24, 2026
Equity futures point to a lower open Thursday as a Treasury sell-off pressures growth names, with S&P 500 futures off 0.49% at 7,734.50, Nasdaq futures dow…
September 23, 2026
Equities point to a modestly lower open Wednesday, with S&P 500 futures off 0.14% around 7,821 and the cash index near 7,754, as a rally in oil and firmer…
September 22, 2026
Equities are mixed in early Tuesday trade, with the S&P 500 near unchanged at 7,767.67 (+0.04%) and the Nasdaq slipping 0.09% to 27,098.96, while the Dow o…
September 21, 2026
Equities are surging Monday, with the S&P 500 up 1.38% to 7756, the Nasdaq Composite leading at +2.11% (27081) and the Dow adding 1.43% (52420) as a collap…
September 18, 2026
U.S. equity futures point to a firm rebound Friday, with the S&P 500 up 0.80% to 7,699, the Nasdaq Composite up 1.15% to 26,722 and the Dow up 0.50% to 52,…
September 17, 2026
Equities are surging Thursday in the wake of the Fed's rate decision, with the S&P 500 up 2.14% to 7713, the Nasdaq up 2.62% to 26660, and the Dow up 2.02%…
September 16, 2026
Equities are firmly higher ahead of Wednesday's FOMC decision, with the S&P 500 up 1.14% to 7672.44, the Nasdaq Composite gaining 1.46% to 26362.03 and the…
September 15, 2026
Equity futures point sharply higher Tuesday, with the S&P 500 indicated near 7,690 (+0.93%), the Nasdaq Composite around 26,473 (+1.10%) and the Dow near 5…
September 14, 2026
Equities are set for a split open Monday as an AI-safety warning hammers megacap tech — the NASDAQ points -1.79% to 25,862 and the S&P 500 -0.73% to 7,601…
September 11, 2026
Equities are broadly higher pre-bell on Friday, with S&P 500 futures pointing to a 7660 open (+0.90%), Nasdaq futures +1.04%, and Dow futures +0.96% as tra…
September 10, 2026
U.S. equities are set to open lower Thursday, with S&P 500 futures off 0.50% near 7,606, Nasdaq futures down 1.25% and Dow futures off 0.20%, as a hotter-t…
September 9, 2026
Stocks are broadly lower Wednesday, with the Dow Jones Industrial Average lagging badly at 52,786 (-1.18%) while the S&P 500 slips to 7,673 (-0.58%) and th…
September 8, 2026
Equities are mixed and directionless ahead of the open Tuesday, with the S&P 500 hovering near 7,710 (-0.11%) and the Dow lagging at 53,089 (-0.61%), while…
September 7, 2026
U.S. equity futures are flat ahead of Monday's holiday-thinned session, with the S&P 500 anchored near 7,718, the Nasdaq around 26,507, and the Dow at 53,4…
September 4, 2026
Equities are rallying broadly ahead of the August jobs report, with the S&P 500 +1.06% to 7747.71, the Nasdaq Composite +1.40% to 26584.06, and the Dow +1.…
September 3, 2026
Equities point higher ahead of the open, with S&P 500 futures +0.30% (fair-value near 7,699.50), Dow futures +0.59%, and Nasdaq futures +0.18%, as the cash…
September 2, 2026
Equities are mixed and largely rangebound Wednesday ahead of Friday's jobs report, with the S&P 500 hovering near 7,629 (-0.03%), the Nasdaq off 0.29% to 2…
September 1, 2026
Equities are under pressure Tuesday morning, with S&P 500 futures pointing to a -0.67% open near 7,635, Nasdaq futures off -1.29%, and Dow futures down -0.…
August 31, 2026
U.S. equity futures point to a modestly lower open on Monday, with the S&P 500 indicated near 7,696 (-0.19%), the Nasdaq around 26,373 (-0.11%) and the Dow…
August 28, 2026
Equities are mixed but leaning higher ahead of Fed Chair Warsh's Jackson Hole keynote, with the S&P 500 up 0.10% to 7,738.48 and the Dow adding 0.18% to 53…
August 27, 2026
Equity futures point to a mixed but tech-led open Thursday, with S&P 500 futures +0.29% near 7712, NASDAQ futures +0.82% powered by an NVDA-driven semicond…
August 26, 2026
Equities are little changed to modestly lower ahead of Nvidia earnings, with the S&P 500 at 7668.55 (-0.11%) and the Nasdaq at 26067.78 (-0.32%), while the…
August 25, 2026
Equities are firmly higher pre-market on Tuesday, with S&P 500 futures +0.45% (fair value near 7704), Nasdaq futures +0.95% (29381), and Dow futures +0.49%…
August 24, 2026
Equities open the week on the defensive, with the S&P 500 futures off 0.19% near 7,677, Nasdaq futures down 0.60% near 29,211, and Dow futures easing 0.09%…
August 21, 2026
Equities are pointing to a firmer open Friday, with S&P 500 futures +0.43% (fair-value cash 7674.32), Nasdaq futures +0.64% and Dow futures +0.57%, as gold…
August 20, 2026
Equity futures point to a lower open Thursday, with the S&P 500 indicated near 7,675 (-0.42%), the Nasdaq off 0.57% to 26,182 and the Dow Jones lagging at…
August 19, 2026
Equities are mixed and largely directionless ahead of the 6:00 PM ET FOMC minutes, with the S&P 500 flat at 7696 (+0.06%), the Dow up 0.13% to 53412, and t…
August 18, 2026
Equities are on the defensive Tuesday as rising Treasury yields pressure growth names, with the NASDAQ off 1.14% to 26,423, the S&P 500 down 0.40% to 7,754…
August 17, 2026
U.S. equities are mixed early Monday with the S&P 500 flat at 7783.52 (-0.03%), the NASDAQ edging up 0.19% to 26779.04 on memory-chip strength, and the Dow…
August 14, 2026
Equities are mixed early Friday with the S&P 500 up 0.11% to 7807, the NASDAQ leading at +0.29% to 26881, and the Dow lagging (-0.13%) to 53772 as a surpri…
August 13, 2026
Equities are little changed early Thursday, with the S&P 500 fractionally higher at 7752.99 (+0.06%), the Nasdaq Composite up 0.09% to 26611.42, and the Do…
August 12, 2026
Equities are broadly higher Wednesday following an in-line July CPI report, with the S&P 500 up 0.38% to 7,757, the NASDAQ leading gains at +0.86% to 26,67…
August 11, 2026
Equities open Tuesday's session with a modestly higher bias, as the S&P 500 trades at 7,768.06 (+0.19%), the Nasdaq leads at 26,715.85 (+0.42%), and the Do…
August 10, 2026
Equities open the week in a holding pattern, with the S&P 500 flat at 7756.64 (-0.01%), the Nasdaq at 26683.69 (-0.03%), and the Dow at 53994.02 (-0.08%) a…
August 8, 2026
Equities closed the week higher on Friday, with the S&P 500 up 0.62% to 7757.64 and the tech-heavy NASDAQ leading at +1.30% to 26690.62, while the Dow lagg…
August 7, 2026
Equities are firmer pre-bell on Friday as investors position ahead of the July jobs report, with S&P 500 futures +0.24% (fair-value spot 7728.65), Nasdaq f…
August 6, 2026
Stocks are mixed Thursday as the S&P 500 clings to a 0.14% gain near 7,734 and the Dow adds 0.23% to 54,473, while the NASDAQ lags 0.25% at 26,297 amid hea…
August 5, 2026
Stocks are mixed Wednesday afternoon, with the Dow (+0.76% to 54,495) and S&P 500 (+0.07% to 7,741.63) pushing to record territory while the Nasdaq lags (-…
August 4, 2026
Equities are firmer pre-bell on Tuesday, with S&P 500 futures +0.31% (cash 7,624), Nasdaq futures +1.09% (cash 26,195) and Dow futures +1.10% (cash 53,765)…
August 3, 2026
Equities are broadly higher Monday morning as easing Middle East tensions lift risk appetite, with the S&P 500 futures +0.48% (fair value near 7555), Dow f…
August 1, 2026
Equities closed out the week on a firm note Friday, with the S&P 500 up 0.70% to 7489.72, the NASDAQ leading at +1.00% to 25373.85, and the Dow adding 0.53…
July 31, 2026
Equities are firm on Friday morning with S&P 500 futures +0.24% (cash 7455.79), Nasdaq futures +0.86%, and Dow futures +0.48%, as blowout results from Amaz…
July 30, 2026
Equity futures are firmly higher ahead of Thursday's open, with S&P 500 futures +0.72% (fair value near 7404), Nasdaq futures leading +1.53%, and Dow futur…
July 29, 2026
Equities traded with a cautious, defensive tone on Wednesday as the market braced for the conclusion of the July FOMC meeting, with the SPY hovering near i…
July 28, 2026
Stocks are mixed pre-bell on Tuesday with a defensive rotation underway: the Dow points to a 0.99% gain toward 52,725 while the tech-heavy Nasdaq lags 0.64…
July 27, 2026
Stocks are mixed to open the busiest week of the quarter, with the Dow (+0.96% to 52,210) and S&P 500 (+0.07% to 7,413) higher while the NASDAQ (-0.82% to…
July 25, 2026
Stocks closed the week mixed as a violent rotation out of megacap tech left the NASDAQ down 1.18% to 24,840 while the Dow gained 0.44% to 51,941 and the S&…
July 24, 2026
Equities are broadly higher Friday, with the S&P 500 up 0.59% to 7451.79 and the Dow gaining 0.70% to 52071.51, though the NASDAQ lags at +0.03% (25145.93)…
July 23, 2026
Equities are broadly lower Thursday as a geopolitically driven crude oil spike collides with megacap tech disappointments, dragging the S&P 500 down 1.21%…
July 22, 2026
Equities closed narrowly mixed on Wednesday, with the S&P 500 slipping 0.14% to 7498.96 and the Nasdaq lagging at -0.57% (25690.90), while the Dow held fla…
July 21, 2026
Equities are trading in a tight, low-volatility range on Tuesday with the SPY pinned near the 745-748 gamma band as implied volatility holds at a subdued 9…
July 20, 2026
Equities are mixed Monday with the S&P 500 flat at 7454 (-0.05%) and the Nasdaq firmer at 25570 (+0.19%) on chip strength, while the Dow lags at 51873 (-0.…
July 18, 2026
Equities closed the week on the defensive, with the S&P 500 sliding 1.01% to 7457.69, the NASDAQ off 1.40% to 25520.24, and the Dow down 0.77% to 52146.42…
July 17, 2026
Equities are on the defensive Friday, with the S&P 500 down 1.01% to 7457.69, the NASDAQ off 1.40% to 25520.24, and the Dow lower by 0.77% to 52146.42 as a…
July 16, 2026
Stocks are lower Thursday as a sharp chip selloff drags the Nasdaq Composite down 1.47% to 25,881.95 and the S&P 500 off 0.51% to 7,533.87, while the Dow h…
July 15, 2026
The major averages are modestly higher Wednesday, with the S&P 500 at 7559.63 (+0.21%), the Nasdaq at 26197.83 (+0.35%), and the Dow at 52683.84 (+0.33%),…
July 14, 2026
Equities pushed higher Tuesday after a soft CPI report, with the Nasdaq Composite leading at +0.90% to 26,107, the S&P 500 up +0.38% to 7,543, and the Dow…

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