Archived editionYou are reading the Friday, September 18, 2026 close.

Figures are exactly as published after that session and are never revised. The current report lives on the Close Tape.

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ARCHIVED DAILY TAPEIssue 26.38

Data status not recordedThrough Sep 18 close · Yahoo FinanceSource details ↓

Technology ledthe sector ranking.

S&P 500 +0.17% for the session; Technology (XLK) led while Materials (XLB) lagged.

S&P +0.17%Breadth 2/11VIX -4.08%
01 / MARKETMixed close

S&P +0.17%; Nasdaq +0.39%; VIX ended at 14.81.

02 / LEADERSHIPTechnology over Materials

A 2.24-point spread separated the best and worst sectors.

03 / INTERNALSNarrow breadth

Cap weight outperformed by 0.61 percentage points. This is a participation proxy, not an attribution of index contributions.

BriefThe tape

Major indexes

Previous close to latest close. Sparklines show the verified regular-hours session path when available.

Chapter 01

Overview

How today fits the recent run of sessions, and the markets you follow.

OverviewRegime history

Recent regimes

Today's regime in the context of recent sessions. Select a day to see its inputs.

LAST 1 SESSION0 constructive1 mixed0 defensive
MixedFri, Sep 18, 2026S&P 500 +0.17% · VIX -4.08% · 2/11 sectors upDerived from that issue's stored data

Solid cells were published in an archived issue (1); outlined cells are reconstructed from daily closes with the same rule, using only that day's moves.

Chapter 02

Leadership & participation

What is actually participating in the move?

LeadershipSector leadership

Sector returns, ranked

All 11 sector ETFs ranked by session return, with weighting and participation checks.

CAP-WEIGHTED (SPY)+0.13%
EQUAL-WEIGHT (RSP)-0.48%
ADVANCING / DECLINING2 / 9
POSITIVE SECTORS18.2%

LeadershipMarket internals

Breadth and participation

Participation measured across stated, tracked universes. None of these is presented as NYSE or Nasdaq constituent breadth.

SECTORS ADVANCING2 / 11

9 declined · 18.2% positive

EQUAL VS CAP WEIGHT · 1D-0.61 pp

RSP minus SPY. Cap weight led.

EQUAL VS CAP · 5D / 1M— / —

Not recorded for this issue.

20-SESSION HIGHS / LOWS—

Not recorded for this issue.

SECTORS ABOVE 20-DAY—

Not recorded for this issue.

SECTORS ABOVE 50-DAY—

Not recorded for this issue.

SECTORS ABOVE 200-DAY—

Not recorded for this issue.

The sector advance/decline line needs 20 shared sessions for all 11 sector ETFs; it is not recorded for this issue.

Universes: 11 S&P sector ETFs; SPY and RSP; 20-session highs and lows across sector ETFs, tracked mega-caps, SPY, RSP, QQQ and IWM.

The verified context around the session, the read it supports, and the names that set the pace.

DriversVerified catalysts

Verified news from the session

Developments published between the prior close and this report, from official sources first and allowlisted publishers second. Listed as context, never as the cause of a move.

Verified catalysts were not captured for this issue.

INTERPRETATIONBASED ON OBSERVED DATA
“Cap weight outperformed by 0.61 percentage points. This is a participation proxy, not an attribution of index contributions.”

Cap weight outperformed by 0.61 percentage points. This is a participation proxy, not an attribution of index contributions. Interpretation reflects price relationships; no event catalyst is inferred.

DriversMega-cap & AI

Largest companies by market cap

The market’s largest leaders, ordered by market cap: close, session range, daily return, and the latest verified price path.

AAPLApple
-0.26%

Closed at $336.13 after a -0.26% session move.

$336.13
DAY LOW $332.53DAY HIGH $338.49View asset
REGULAR SESSION5 MIN
MSFTMicrosoft
-0.80%

Closed at $493.78 after a -0.80% session move.

$493.78
DAY LOW $491.10DAY HIGH $498.65View asset
REGULAR SESSION5 MIN
NVDANvidia
+1.34%

Closed at $222.27 after a +1.34% session move.

$222.27
DAY LOW $218.03DAY HIGH $222.73View asset
REGULAR SESSION5 MIN
AMZNAmazon
+1.00%

Closed at $253.71 after a +1.00% session move.

$253.71
DAY LOW $251.88DAY HIGH $255.43View asset
REGULAR SESSION5 MIN
METAMeta Platforms
-2.43%

Closed at $665.75 after a -2.43% session move.

$665.75
DAY LOW $660.80DAY HIGH $690.15View asset
REGULAR SESSION5 MIN
SNDKSanDisk
+10.99%

Closed at $1,791.82 after a +10.99% session move.

$1,791.82
DAY LOW $1,616.00DAY HIGH $1,797.00View asset
REGULAR SESSION5 MIN
AMDAdvanced Micro Devices
+2.70%

Closed at $559.82 after a +2.70% session move.

$559.82
DAY LOW $541.53DAY HIGH $559.91View asset
REGULAR SESSION5 MIN
INTCIntel
-0.18%

Closed at $108.60 after a -0.18% session move.

$108.60
DAY LOW $106.40DAY HIGH $110.49View asset
REGULAR SESSION5 MIN
MUMicron Technology
+3.92%

Closed at $1,015.80 after a +3.92% session move.

$1,015.80
DAY LOW $977.83DAY HIGH $1,016.44View asset
REGULAR SESSION5 MIN

Yields, oil, the dollar, credit, overseas closes and crypto: the read beyond U.S. equities.

MacroMacro pulse

Yields rose.
Oil fell.

The ten-year yield moved +5 bps to 5.00%. DXY changed +0.00%.

POSITIVE SECTOR SHARE18.2%
Cap-weighted S&P +0.13% vs. equal weight -0.48%
S&P 500 / REGULAR SESSION7,650.50

Low 7,613.32 · High 7,646.04 · 78 points · Range change +2.88
DAY LOW7,610.52
DAY HIGH7,657.17
NASDAQ 1D+0.39%

MacroRates & credit

Treasury yields and credit

Session yields, the official Treasury curve, actual credit spreads and bond ETF proxies, each labeled with its source and date.

TREASURY YIELDSSESSION CLOSE (CBOE INDEX) · OFFICIAL PAR CURVE (U.S. TREASURY)
TenorSession close1DOfficial pard/d
3M3.980%+2 bps——
2YNo index———
5YNo index———
10Y5.000%+5 bps——
30YNo index———

The official Treasury curve was not recorded for this issue.

CURVEBASIS POINTS
2s10s—Not recorded2Y → 10Y · official curve
3M–10Y—Not recorded3M → 10Y · official curve
5s30s—Not recorded5Y → 30Y · official curve
5s10s—Session close5Y → 10Y · Cboe yield indexes
CREDITSPREADS ARE ACTUAL OAS · ETF ROWS ARE PRICE PROXIES
HIGH-YIELD OAS—Not recordedICE BofA option-adjusted spread via FRED
INVESTMENT-GRADE OAS—Not recordedICE BofA option-adjusted spread via FRED
HYG ETF proxy—Not recordedHigh-yield corporate bond ETF. A price, not a spread.LQD ETF proxy—Not recordedInvestment-grade corporate bond ETF. A price, not a spread.
REAL YIELDS & RATE VOLATILITYTREASURY REAL PAR CURVE · ICE BOFA MOVE
5Y REAL YIELD—Not recordedTreasury real par curve
10Y REAL YIELD—Not recordedTreasury real par curve
TIP ETF proxy—Not recordedTIPS bond ETF price, not a real yield.MOVE INDEX—Not recordedTreasury implied volatility · Yahoo Finance

MacroGlobal check

Overseas closes

Regional closes, daily direction, and each market’s latest verified path. Local closing times differ from New York.

MARKETREGIONCLOSE1DPATH

MacroDigital assets

Major cryptocurrencies

Crypto trades around the clock; each move is measured over the reported session.

BTC+5.89%
$80,901
BitcoinView asset
VERIFIED PATH5 MIN

Closed at $80,901 and remained the main crypto risk benchmark.

ETH+6.71%
$2,611
EthereumView asset
VERIFIED PATH5 MIN

Closed at $2,611 with relative performance signaling layer-1 risk appetite.

SOL+10.83%
$113
SolanaView asset
VERIFIED PATHUNAVAILABLE
No verified path

Closed at $112.60 as higher-beta crypto exposure moved with liquidity conditions.

XRP+7.69%
$1.4000
XRPView asset
VERIFIED PATHUNAVAILABLE
No verified path

Closed at $1.4000 with payments and regulatory headlines still relevant.

What matters next: the takeaways from this close, the scheduled events, and what to watch.

AheadDecision summary

Three takeaways

The move, the cross-asset read, and the marker that matters next.

01Observed

S&P 500 +0.17% for the session; Technology (XLK) led while Materials (XLB) lagged.

02Interpretation

Rates at 5.00% and VIX at 14.81 were observed alongside the session's leadership pattern; causality is not established.

03Next-session checks

Watch whether yields and DXY at 100.22 stay contained enough for breadth to improve.

AheadMarket calendar

Upcoming events

Scheduled events as recorded when this issue was published. U.S. releases, Treasury auctions, tracked earnings and market-structure dates for this session and the next. Times in Central Time.

The market calendar was not captured for this issue. Later issues record scheduled events with their sources.

AheadForward look

What to watch next

Variables to monitor next, framed as conditions rather than predictions.

01Cross-asset checks
  • Watch inflation, labor, and consumer data against a 5.00% 10-year yield.
  • Hot data would pressure duration-sensitive groups; softer data could support Technology (XLK).
02Rates & confirmation
  • Track whether Fed speakers validate or resist the current easing in financial conditions.
  • Rates and the DXY at 100.22 remain the main valuation inputs for growth stocks.
03Technology leadership
  • Guidance must confirm that leadership in Technology (XLK) is supported by demand and margins.
  • A weak read-through would expose continued underperformance in Real Estate (XLRE).
04Risk dashboard
  • VIX at 14.81 defines the market's current downside cushion.
  • Watch for a reversal in mega-cap momentum, a yield spike, or abrupt commodity volatility.

Reference & methodology

Supporting reference levels, delivery options, and where every number on this page comes from.

13W T-BILL3.98%+2 bps
GOLD$4,424.90+0.57%
WTI CRUDE$100.30-1.58%
RUSSELL 20002,860.40-0.50%