The Morning Bull – US Market Morning Update Monday, Sep, 28 2026
US stock futures are trending upward this morning, with the E-mini S&P 500 gaining approximately 0.5% and Nasdaq futures rising by about 0.4%. The current economic environment remains complex. Consumer sentiment, as measured by a closely watched University of Michigan survey, is at 48.1—near historic lows—while households anticipate Investors are now focused on whether upcoming US jobs data and ISM manufacturing reports will demonstrate sufficient economic resilience to support these elevated borrowing costs. This uncertainty places sectors sensitive to interest rates, such as real estate, banking, small caps, and consumer-facing businesses, under intense scrutiny.
Rising yields are altering the definition of quality, making this a critical time to focus on specific market movers.
Bloom Energy (BE) jumped 8.27% following headlines regarding its fuel cell involvement in Project Jupiter.
Credo Technology Group Holding (CRDO) climbed 7.65%.
Pershing Square (PS) advanced 7.42%.
Zscaler (ZS) declined 10.06%.
Twilio (TWLO) fell 7.96% following an HSBC downgrade to Reduce, with the firm citing valuation concerns after the Muse-driven rally.
Okta (OKTA) slipped 5.54% despite receiving several analyst price target hikes following its Oktane 2026 event.
