US Stocks | Morning Session | September 24
One-sentence wrap from last night’s close: The three major indexes fell together. Dow -1.03%, S&P -0.76%, Nasdaq -0.69%. U.S. Treasury yields surged, and Brent crude climbed above $100. Inflation worries returned, and the VIX (fear index) jumped 6.5%.
Pre-market futures: Mostly tight range trading with no clear direction. The combination of “high oil prices + high interest rates” remains the main storyline. Ahead of the open, sentiment is cautious and everyone is waiting for tonight’s data to point the way.
Major agenda tonight:
1. 20:30 Beijing time: Initial jobless claims in the U.S.;
2. The China–U.S. summit is on today. Comments on tariffs and technology export controls will directly affect market risk appetite;
3. Also this week: remarks from multiple Fed officials and consumer confidence data.
Stock highlights:
Google $GOOGL dropped 3.8%, leading the decline among mega-caps; over the past 5 days it’s down -2.7%. Antitrust overhang has not cleared.
Palantir rose 3.68% against the trend—its AI order logic looks the strongest.
Meta +1.02%, Microsoft +0.52% held up against the selling pressure.
Nvidia -1.47% pulled back in line with the semiconductor sector (SOXX -1.23%).
MSTR -3.07%, Coinbase -1.46%—crypto-related stocks were broadly weaker.
IBIT (BTC spot ETF): Closed at $47.88, down 1.95%. Volume: 46.7M. But over the past 5 days it’s still +10.6%—more like normal “catching its breath” after a rally, not a trend of capital fleeing.
Crypto pace forecast: Bitcoin $BTC is currently at 83,360 (24h -2.65%), with the 82,832 low holding for now. If U.S. stocks stabilize tonight, BTC will likely trade in a consolidation range of 82,800–86,000 to build energy; a valid break below 82,800 would open the door to 80,000.
Ethereum $ETH and SOL are down about 3% following the weakness. Altcoins are mostly seeing a one-day “in-and-out” move—chasing gains is a big no.
💡 Beginner-friendly explainer: VIX is the fear index. In essence, it’s the “insurance price” set by the options market for the expected volatility over the next 30 days.
A sharp rise in VIX doesn’t mean stocks must fall tomorrow, but it does signal that smart money is buying protection—so remember to dial back leverage at times like this.
One-sentence wrap from last night’s close: The three major indexes fell together. Dow -1.03%, S&P -0.76%, Nasdaq -0.69%. U.S. Treasury yields surged, and Brent crude climbed above $100. Inflation worries returned, and the VIX (fear index) jumped 6.5%.
Pre-market futures: Mostly tight range trading with no clear direction. The combination of “high oil prices + high interest rates” remains the main storyline. Ahead of the open, sentiment is cautious and everyone is waiting for tonight’s data to point the way.
Major agenda tonight:
1. 20:30 Beijing time: Initial jobless claims in the U.S.;
2. The China–U.S. summit is on today. Comments on tariffs and technology export controls will directly affect market risk appetite;
3. Also this week: remarks from multiple Fed officials and consumer confidence data.
Stock highlights:
Google $GOOGL dropped 3.8%, leading the decline among mega-caps; over the past 5 days it’s down -2.7%. Antitrust overhang has not cleared.
Palantir rose 3.68% against the trend—its AI order logic looks the strongest.
Meta +1.02%, Microsoft +0.52% held up against the selling pressure.
Nvidia -1.47% pulled back in line with the semiconductor sector (SOXX -1.23%).
MSTR -3.07%, Coinbase -1.46%—crypto-related stocks were broadly weaker.
IBIT (BTC spot ETF): Closed at $47.88, down 1.95%. Volume: 46.7M. But over the past 5 days it’s still +10.6%—more like normal “catching its breath” after a rally, not a trend of capital fleeing.
Crypto pace forecast: Bitcoin $BTC is currently at 83,360 (24h -2.65%), with the 82,832 low holding for now. If U.S. stocks stabilize tonight, BTC will likely trade in a consolidation range of 82,800–86,000 to build energy; a valid break below 82,800 would open the door to 80,000.
Ethereum $ETH and SOL are down about 3% following the weakness. Altcoins are mostly seeing a one-day “in-and-out” move—chasing gains is a big no.
💡 Beginner-friendly explainer: VIX is the fear index. In essence, it’s the “insurance price” set by the options market for the expected volatility over the next 30 days.
A sharp rise in VIX doesn’t mean stocks must fall tomorrow, but it does signal that smart money is buying protection—so remember to dial back leverage at times like this.