Markets: 2026-09-10 Close

A sourced recap of the previous completed U.S. trading session. Closing moves are not real-time quotes.

The market tape

- **S&P 500 (SPX)**: -0.58%, closed at 7,591.7 - **Nasdaq Composite (COMP)**: -0.65%, closed at 26,081.72 - **Dow Jones Industrial Average (DJIA)**: -0.60%, closed at 52,064.1 - **Russell 2000 (RUT)**: -1.04%, closed at 2,890.95

Sector leaders and laggards

- Leaders: Consumer Staples +0.25% - Laggards: Industrials -1.48%

Notable movers

The Cooper Companies, Inc. (COO) -14.62%

Shares repriced sharply following the medical-device company's fiscal third-quarter report and same-day announcements concerning its strategic review and expanded share-repurchase authorization. A double-digit earnings reaction erased billions of dollars in market value on more than ten times the stock's recent average volume.

Sources: closing quote · company catalyst · earnings release

American Eagle Outfitters, Inc. (AEO) -13.94%

The post-earnings selloff followed fiscal second-quarter results and guidance that explicitly included a net tariff-refund benefit, focusing investors on core-brand softness and the durability of reported margin gains. The shares sank to the vicinity of their 52-week low despite strong headline revenue and Aerie growth, signaling skepticism about earnings quality and the American Eagle brand.

Sources: closing quote · company catalyst

Freeport-McMoRan Inc. (FCX) -6.57%

Freeport fell with copper after the metal reversed from a record and investors reassessed the probability and potential scope of U.S. refined-copper tariffs. Freeport is the most liquid direct U.S.-listed copper proxy, making its $1.6 billion trading day a clear readout on tariff expectations.

Sources: closing quote · catalyst reporting

Hudbay Minerals Inc. (HBM) -9.40%

Copper miners sold off as copper retreated from a record and reports said the White House had not decided whether to impose tariffs on refined copper. Hudbay was among the hardest-hit liquid copper producers, showing the equity sensitivity to U.S. tariff policy and extreme metal-price volatility.

Sources: closing quote · catalyst reporting · policy context

Southern Copper Corporation (SCCO) -7.23%

Copper equities dropped as the metal pulled back from a record and uncertainty persisted over whether the United States would extend tariffs to refined copper. The move removed more than $12 billion of implied equity value from one of the world's largest listed copper producers.

Sources: closing quote · catalyst reporting

Teck Resources Limited (TECK) -6.36%

Teck declined with the copper-mining group as copper retreated and uncertainty surrounding possible U.S. tariffs on refined metal undermined the prior scarcity trade. The move was a sizable reversal for a major North American copper producer trading near recent highs.

Sources: closing quote · catalyst reporting

AeroVironment, Inc. (AVAV) +4.49%

Fiscal first-quarter revenue reached a record $480.5 million, bookings were $0.7 billion and funded backlog rose 37% to a record $1.5 billion. Full-year guidance was maintained. A high-volume earnings rebound in a strategically important defense-drone company during heightened geopolitical tension.

Sources: closing quote · company catalyst

Venture Global, Inc. (VG) +3.30%

Energy producers and exporters advanced as Brent crude surged more than 6%, briefly exceeded $108 per barrel and settled at its highest level since May amid disruption to Middle East oil flows. The LNG exporter provided a liquid expression of renewed global energy-security and supply-risk pricing.

Sources: closing quote · macro catalyst

Stock spotlight

No mover met the source-confidence threshold for a detailed spotlight.

_MacroShed Markets is informational analysis, not investment advice._