Sanctuary Research

Daily Market Briefings

Free market commentary, updated every trading day.

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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