The Morning Bull – US Market Morning Update Wednesday, Sep, 23 2026
US stock futures are flat to slightly higher this morning, with S&P 500 contracts hovering near unchanged as investors weigh interest rates, inflation and oil. The US 10 year Treasury yield has been pushed up by firm central bank messaging that borrowing costs may stay high while inflation remains a concern. At the same time, oil prices are easing, which can help lower fuel and transport costs for households and businesses. A key Federal Reserve activity scorecard for August sits near zero, hinting at slower growth. The big question now is whether higher for longer rates hurt banks and real estate more than they help energy sensitive sectors and rate resilient technology stocks.
With rate expectations shifting with each inflation report, it can help to focus on businesses that already appear attractively priced on solid fundamentals through 29 high quality undervalued stocks.
Top Movers
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Monolithic Power Systems (MPWR) surged 8.06% on strong buying interest in the technology sector.
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Medline (MDLN) jumped 7.73% as investors rotated into healthcare and medical suppliers.
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Shopify (SHOP) climbed 7.12% after renewed enthusiasm around e commerce platforms.
Is Medline still a smart investment or just hype? Read our most popular narrative and get all the answers you need.
Top Losers
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LPL Financial Holdings (LPLA) declined 7.45%.
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Royal Caribbean Cruises (RCL) fell 6.14% after reports of a potential multi billion dollar Sandals Resorts stake.
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Charles Schwab (SCHW) dropped 6.11% as AI competition concerns weighed on brokerage and financial stocks.
Look past the noise – uncover the top narrative that explains what truly matters for Charles Schwab’s long-term success.
On The Radar
Earnings from Costco, Darden, Paychex and Cintas will give a fresh read on US consumer and business spending.
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Payrolls focus: Paychex (PAYX) reports Q1 2027 results on Wednesday, highlighting employment trends and demand for HR and payroll services.
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Business services: Cintas (CTAS) posts Q1 2027 figures on Wednesday, with uniform demand hinting at business hiring and activity.
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Consumer spending: Darden Restaurants (DRI) delivers Q1 2027 results pre market Thursday, spotlighting restaurant traffic and pricing power.
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Wholesale gauge: Costco Wholesale (COST) reports Q4 2026 on Thursday, clarifying member retention and bulk consumer purchasing patterns.
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IT distribution: TD SYNNEX (SNX) unveils Q3 2026 Thursday pre market, framing enterprise hardware and software demand conditions.
