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Market Brief 2 September, 2026
Good evening, valued investor.
The major indices showed positive movement today, with the S&P 500 Index (GSPC) climbing by 0.44% to reach 7,664.55, and the Nasdaq 100 Index (NDX) also experiencing gains, up 0.21% to 29,133.15. Several companies released their earnings reports, impacting their stock prices significantly. Dell Technologies Inc. (DELL) saw a substantial 15.79% increase following its earnings announcement, while Credo Technology Group Holding Ltd (CRDO) experienced a notable decline of 19.88% after its report. Methode Electronics Inc. (MEI) and Sprinklr Inc. (CXM) both traded lower by 1.26% and 8.22% respectively, as they reported their financial results. NetApp Inc. (NTAP) also registered a slight decrease of 1.34% after its earnings release.
In other market activity, several stock splits are scheduled for September 2, 2026, including Wiwynn Corp (6669) with a split factor of 2.982 and Intech Biopharm Ltd (6461) at 0.618. A number of dividend payments were processed on September 1, 2026, with notable payouts from T-Mobile US, Inc. (TMUSL) at 0.39063 and Bunge Global SA (BG) at 0.72. Additionally, the cryptocurrency market is seeing regulatory developments, with the Digital Ruble rollout and new crypto violation fines in Vietnam commencing on September 1, 2026.
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