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News desk · Evening edition · Wednesday, September 2, 2026
Equities have stayed near record territory through a volatility spike, keeping the broader bull regime intact. The VIX cratered 6.92% to 15.21 today, unwinding most of Tuesday's fear spike as breadth held near 75% above the 50-day average. A weak ADP print of just 38,000 August private jobs revived rate-cut bets even as Fed's Williams floated further hikes and bond yields sat near their highest since 2008.
auto-generated · written Sep 2, 2026, 4:24 PM EDT
Prices in this edition were taken live, not from stored closes. They were read at the Evening edition slot on Wednesday, September 2, 2026. Anything named as a cause may come from a headline the desk was given.
Equities
- ADP report shows August private payroll growth slowed to just 38,000 jobs
- Uber announces plans to cut about 10% of its global workforce
- CrowdStrike posts a strong quarter but issues cautious forward guidance
Sector and commodities
- Exxon, Chevron and partners advance new Venezuela oil investment plans
- AI capital expenditure forecast to exceed combined cost of past railway and internet buildouts
Crypto
- trades near $77,397, essentially flat versus the $77,457 level first flagged a week ago
Fixed income
- Fed's Williams seen opening the door to further interest rate hikes
- Bank of Canada weighs a tariff shock ahead of its Wednesday rate decision
Nasdaq Composite (IXIC)+0.5%
Nasdaq's 0.45% bounce today comes as Nvidia's 70% growth guidance offsets cautious tech reports like CrowdStrike's.
FTSE 100 (FTSE)-0.3%
FTSE's dip to 10,756 lags the broader oil rally, weighed instead by the same Iran-driven market unease.
Shanghai Composite (000001.SS)-0.2%
Shanghai holds near its Aug 31 peak of 3986, its steadiest month while Western indices wobbled.