U.S. Market Daily: Reference ETFs Rise as Semiconductor Shares Diverge
On September 2, market-reference ETFs finished higher and advancing stocks outnumbered decliners on the NYSE, NYSE American, and Nasdaq. NVIDIA and Micron gained among the session’s high-turnover companies, while Dell surged and Credo Technology fell sharply on heavy volume.
Market at a glance
The SPDR S&P 500 ETF Trust (SPY), which tracks the S&P 500, rose 0.44% to $765.16. The Invesco QQQ Trust (QQQ), which tracks the Nasdaq-100, gained 0.23% to $709.24, while the SPDR Dow Jones Industrial Average ETF Trust (DIA), which tracks the Dow, advanced 0.54% to $530.62.
Breadth was positive across the three reported exchanges. NYSE-listed stocks recorded 1,691 advancers, 993 decliners, and 170 unchanged issues, with an average change rate of 0.63%. NYSE American had 3,480 advancers, 1,022 decliners, and 182 unchanged issues, with an average change rate of 0.39%. Nasdaq-listed stocks had 3,101 advancers, 1,563 decliners, and 565 unchanged issues, with an average change rate of 0.66%.
Market leaders
NVIDIA (NVDA) rose 3.21% to $224.41, with $35.26 billion in turnover and 157.1 million shares traded. Its close was 7.04% above the close five trading sessions earlier, while volume was 1.24 times its 20-day average.
Micron Technology (MU) gained 2.43% to $956.08 on $20.50 billion in turnover and 21.4 million shares traded. The stock was 1.88% above its close five trading sessions earlier; volume was 0.74 times its 20-day average.
Issue stocks
Dell Technologies (DELL) climbed 15.81% to $492.20 on $18.07 billion in turnover. It traded 36.7 million shares, or 6.30 times its 20-day average volume, and finished 6.12% above its close five trading sessions earlier.
Credo Technology Group Holding (CRDO) dropped 20.04% to $165.22 on $4.98 billion in turnover. Volume reached 30.1 million shares, or 6.92 times its 20-day average, and the stock was 27.05% below its close five trading sessions earlier.
Meta Platforms (META) rose 2.47% to $592.85 on $9.81 billion in turnover. Its volume was 16.6 million shares, or 1.08 times its 20-day average, and the stock was 2.90% above its close five trading sessions earlier.
Notable SEC filing activity
Credo Technology Group Holding Ltd submitted a Form 10-Q filed September 2, 2026, with a report date of July 31, 2026. Filing: View SEC filing
Credo Technology Group Holding Ltd submitted a Form 8-K filed September 1, 2026, with Items 2.02 and 9.01. Filing: View SEC filing
Dell Technologies Inc. submitted a Form 8-K filed September 1, 2026, with Items 2.02 and 9.01. Filing: View SEC filing
Next Trading Day Checkpoints
- Track whether positive breadth persists across NYSE, NYSE American, and Nasdaq-listed stocks.
- Watch continued trading activity in Dell Technologies and Credo Technology following their unusually high volume and large one-day moves.
- Monitor NVIDIA and Micron after their gains and elevated turnover on September 2.
This article reports the supplied market data and SEC filing metadata for September 2, 2026. It is not investment advice. ETF performance is reported for the named funds and does not represent direct index performance.