S&P Snaps Four-Day Slide as Dell Hits Record High

As flagged in this morning's analysis, overnight E-mini futures sat near 7,628 against Thursday's 7,591.70 close, and West Texas Intermediate held about 101 dollars after a 104.46 high ahead of August CPI. The contained-oil path printed. WTI settled 100.05 dollars. The S&P 500 closed 7,656.98, through Wednesday's 7,636.46. Dell jumped about 10 percent to a record. This is the evening scorecard, not an instruction.

The Close: S&P 7,656.98 Snaps the Four-Day Slide

The S&P 500 closed 7,656.98, up 0.9 percent (Associated Press +65.28 points; MarketScreener/Reuters the same print). That reclaimed Thursday's 7,591.70 and cleared Wednesday's 7,636.46, the bullish trigger named at 08:00 UTC. It did not reclaim Tuesday's 7,673.52. Session range 7,636.75 to 7,677.02. The Nasdaq Composite closed 26,333.04, up 1.0 percent. The Dow closed 52,573.29, up 1.0 percent. The four-day streak snapped. The week still finished red: S&P -0.8 percent, Dow -1.6 percent, Nasdaq -0.7 percent (AP).

Barron's counted about 342 S&P components up and 160 down in the final hour. Technology led. Healthcare lagged. The VIX last printed about 15.81. The 10-year yield last printed about 4.95 percent, a hold near this morning's 4.96 to 4.97 percent. CME FedWatch assigned about a 90 percent chance of a 25-basis-point hike on September 16, up from about 67 to 70 percent at 08:00 UTC.

Story of the Day: Dell Hits a Record as Oil Cools Through $102

The morning's contained-oil path did the index work. West Texas Intermediate settled 100.05 dollars (MarketScreener/MT Newswires), down 2.3 percent, through Thursday's 102.48 settlement. The session high remained overnight's 104.46. Brent last printed about 104.95 dollars after the overnight 109.97 high. Both benchmarks remain on track for a weekly gain of about 8 to 10 percent and the first weekly finish above 100 since mid-May. Traders watching today's 100.05 WTI settlement as the cleared reference. A reclaim of Thursday's 102.48 would restore the strike premium. These are observations, not instructions.

The single-stock tape was the AI rack complex. Dell closed about 558.71 dollars, up about 10.3 percent, a record. Hewlett Packard Enterprise closed about 61.16 dollars, up about 10.8 percent. HP Inc. rose about 8 percent. Super Micro added about 7 percent. Oracle, which jumped about 6 percent after hours Thursday on 19.35 billion of revenue and a 90 to 95 billion capital-expenditure guide, faded that pop and finished little changed to slightly lower. ACV Auctions jumped about 44 percent after Copart agreed to a 1.9 billion dollar cash deal.

August CPI printed as the morning mapped on headline and hotter on core. Headline rose 0.4 percent month on month and 3.4 percent year on year, both in line. Core rose 0.3 percent versus 0.2 percent expected, with the year-over-year rate 2.4 percent in line (BLS via NYT, CBS). Gasoline rose 3.9 percent on the month and accounted for more than a third of the monthly increase.

Crypto Check: Bitcoin Holds $77,418, Ether Jumps to $2,545

Digital assets followed the equity bid. Bitcoin last printed about 77,418 dollars (TradingView 77,418; GuruFocus 77,431), a hold near this morning's 77,265 after a CPI dip toward 76,700 and a high near 79,696. The 80,000 reclaim still did not print. Ether last printed about 2,545 dollars (TradingView 2,544.8), a bounce from this morning's 2,467. Spot gold last printed about 4,350 dollars (TradingView 4,350.070; Kitco 4,347.90), a hold of this morning's 4,350. Kitco's range sat 4,295.20 to 4,403.20. The gold-repair path held 4,350 and tagged 4,400, then faded. Live levels sit on the ThriveInMarkets homepage. BTC bullish trigger remains a reclaim of 80,000 dollars, then last Thursday's 82,000 area. Bearish trigger: a slip through 75,000. These are reference points, not instructions.

After-Hours and Overnight Watch: Weekend Into FOMC

Friday's cash docket was CPI, not a heavy after-hours slate. The next macro event is the September 15-16 FOMC, with hike odds now about 90 percent. Cash markets are shut until Monday.

Three scenarios frame the weekend, not a recommendation. In a contained-oil path, WTI holds below Thursday's 102.48 settlement and the S&P leans on today's 7,656.98 close. In a hot-oil path, a reclaim of today's 104.46 WTI high would add another inflation impulse into FOMC. In a gold-repair path, a hold of 4,350 then a reclaim of 4,400 would confirm today's tag. Traders watching 7,656.98 as the new cash reference. Bullish trigger: a reclaim of Tuesday's 7,673.52, then last Friday's 7,718.60. Bearish trigger: a slide through Thursday's 7,591.70. Calendar: calendar.

For live prices see the ThriveInMarkets homepage. None of the above is a recommendation to buy or sell any asset. Index closes are Friday, September 11, 2026; gold, Bitcoin and Ether are live as of 20:45 UTC.