US Stock Market Today: S&P 500 Futures Climb On Higher-For-Longer Rate Jitters
The Morning Bull - US Market Morning Update Tuesday, Sep, 22 2026
US stock futures are pointing higher in early Monday trade, with E-mini S&P 500 contracts up about 0.6% even as the bond market tightens. The US 10-year Treasury yield has pushed to 5.0% after Federal Reserve officials repeated that more rate hikes are still on the table, which means mortgages, car loans, and credit card costs could stay expensive for longer. At the same time, US manufacturing output fell 0.3% in August, suggesting factories are feeling the strain. Investors now have to weigh whether higher borrowing costs hit rate sensitive areas such as real estate and smaller companies harder than they help cash rich tech and AI focused sectors.
With borrowing costs pressing higher and rate sensitive sectors feeling the squeeze, some investors are hunting for sturdier balance sheets using list of solid balance sheet and fundamentals (23 results).
Top Movers
- Arm Holdings (ARM) jumped 17.16% as traders focused on Arm Holdings exposure to AI chip architectures.
- Astera Labs (ALAB) surged 12.36%.
- Moderna (MRNA) gained 12.27% following fresh attention on Moderna research and AI partnerships.
Is Moderna still a smart investment or just hype? Read our most popular narrative and get all the answers you need.
Top Losers
- HF Sinclair (DINO) declined 5.70%.
- Marathon Petroleum (MPC) fell 5.30% after Jefferies cut Marathon Petroleum to Hold from Buy.
- Valero Energy (VLO) slipped 4.84% following a Jefferies downgrade of Valero Energy to Hold from Buy.
Look past the noise - uncover the top narrative that explains what truly matters for Valero Energy's long-term success.
On The Radar
Retail and services earnings will dominate the next few sessions as investors balance Fed driven rate pressure against company specific updates.
- AutoZone (AZO) reports Q4 2026 today on Tuesday, with repair trends offering a window into consumer spending on vehicle maintenance.
- General Mills (GIS) posts Q1 2027 results pre market on Wednesday, spotlighting pricing power and cost pressures in packaged food.
- Darden Restaurants (DRI) delivers Q1 2027 earnings pre market on Thursday, giving a read on dining demand and operating efficiency.
- Paychex (PAYX) shares Q1 2027 figures pre market on Wednesday, with payroll volumes and client retention key for small business health.
- Cintas (CTAS) reports Q1 2027 results on Wednesday, where uniform rental and services activity can hint at broader corporate hiring trends.
Use our Portfolio or Watchlist features to track market-moving events like these and get alerts for the companies you own, free!
How To Act On Today's Market
Look past the headline moves and focus on companies built to weather higher rates with real staying power using 30 resilient stocks with low risk scores. These resilient stocks combine steadier fundamentals with lower risk profiles that can help anchor a portfolio when markets feel stretched.
Ready to take control of your next move? Our stock screener lets you run custom searches that fit your style and set timely alerts so you never miss fresh opportunities.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com