Morning Brief — Friday, September 25, 2026
Pre-market levels, expected moves, earnings and catalysts as published before the open on Friday, September 25, 2026.
Pre-market indices
| Index | Price | Change |
|---|
| SPY | 769.42 | +0.29% |
| QQQ | 744.24 | +0.42% |
| IWM | 282.34 | +0.24% |
Options-implied expected moves
| Ticker | Expected move | Implied range |
|---|
| SPY | ±$4.22 (0.55%) | 762.96 – 771.4 |
| QQQ | ±$5.72 (0.77%) | 735.38 – 746.82 |
| IWM | ±$2.48 (0.88%) | 279.18 – 284.14 |
Pre-market movers
| Ticker | Gap | Catalyst |
|---|
| EQIX | +5.34% | News |
| ARM | +5.13% | News |
| ZS | -4.25% | News |
| SNPS | +4.05% | News |
| TWLO | -3.79% | News |
| HUM | +2.97% | News |
| NMR | +2.97% | |
| RCL | +2.43% | News |
| NKE | -2.20% | News |
| NOG | -2.15% | |
Earnings today
| Ticker | When | Implied move | Mkt cap |
|---|
| TBN | Pre-Market | | $1.2B |
| IVA | After Close | ±10.74% | $815M |
| NB | TBD | ±4.52% | $511M |
| HTLM | TBD | | $160M |
| ZONE | TBD | | $73M |
| LITS | TBD | | $38M |
| CELU | TBD | ±139.39% | $33M |
| ENLV | TBD | ±338.28% | $11M |
| LNAI | TBD | ±114.95% | $10M |
Economic calendar
- 10:00 AM ET Revised UoM Consumer Sentiment
- 10:00 AM ET Revised UoM Inflation Expectations
Headlines that morning
- Here are Friday's biggest analyst calls: Nvidia, SpaceX, Apple, Tesla, Meta, AMD, BP, Costco, Nike & more - cnbc.com
- Eurozone Bond Yields Fall as Oil Prices Decline; U.S. Treasury Yields Stabilize
- Surging Treasury yields pressure dividend stocks as Fed uncertainty grows - cnbc.com
- 5.5% 10-year Treasury yield could trigger stock correction, analyst warns - cnbc.com
- Tanker Shortage Sends Oil-Shipping Rates Soaring
- Markets Signal Fed Dilemma as Treasury Yields Climb Amid Inflation Concerns
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