S&P 500 Slips 0.4% at Midday as Nasdaq Leads Broad Decline
As seen on the 24/7 Wall St. homepage on September 14, 2026.
- S&P 500-0.39%
- Dow Jones Industrial Average-0.42%
- Nasdaq Composite-1.04%
The Nasdaq is down more than 1% at midday, roughly triple the S&P 500's loss, so the selling is concentrated in the highest-multiple tech names rather than spread across the market. If you own growth, your portfolio is taking the brunt of this session.
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The S&P 500 is trading at 7,627.35 as of midday, below Friday's close. The index opened the session with steeper losses before trimming some of that damage through mid-morning.
The Nasdaq Composite is bearing the heaviest burden, off more than 1%, roughly triple the S&P 500's loss. The selling is concentrated in higher-valuation growth and technology names rather than spread evenly across the market.
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The Dow Jones Industrial Average is down 0.4% on the session, tracking closer to the S&P 500 than to the Nasdaq. That relative resilience in the blue-chip index reinforces the read that investors are rotating away from growth and toward companies with more traditional earnings profiles.
For anyone with meaningful exposure to large-cap technology or other high-multiple stocks, this session is delivering an outsized hit compared with what the headline S&P 500 number suggests. The afternoon hours will show whether buyers step in to defend the index or whether the Nasdaq's weakness pulls the broader market lower into the close.