S&P 500 Slides 0.5% at Midday as Dow Leads the Decline

As seen on the 24/7 Wall St. homepage on September 9, 2026.

MIDDAY
U.S. Markets
  • S&P 500-0.50%
  • Dow Jones Industrial Average-0.83%
  • Nasdaq Composite-0.40%

The Dow is carrying the losses at midday, off 0.83% while the Nasdaq gives up half that. Old-economy names are doing the bleeding, and the afternoon session decides whether this becomes the third leg lower.

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The S&P 500 is trading at 7,635.58 at midday, with losses deepening through the morning session.

The Dow Jones Industrial Average is bearing the brunt of the selling, off 0.83% by midday. The pressure is concentrated in older, more cyclical corners of the market.

The S&P touched a session low of roughly 0.64% in the red before trimming losses, leaving the index in a tug of war heading into the afternoon.

Whether this becomes a third consecutive leg lower hinges on how the afternoon session trades. A close near current levels would represent a meaningful give-back, and traders will be watching whether the Dow's heavier selling pressure bleeds further into the broader index before the bell.