Market Open: Stocks Higher, Oil and Yields Lower, Homebuilding Slows • 9/17/26

Watch on YouTube ↗  |  September 17, 2026 at 14:09  |  3:49  |  CNBC
Speakers
Jessica Ettinger — Anchor, CNBC
Mike Santoli — Senior Markets Commentator
Steve Liesman — Senior Economics Reporter

Summary

CNBC's market open update reports a rebound in stocks after yesterday's Fed rate hike selloff, with major averages higher and Treasury yields easing. US crude oil fell below $100 on robust supplies and Saudi ship-to-ship transfer plans, while diesel hit a record high and homebuilding slowed on mortgage rates above 7%. The SEC cleared tokenized stocks, and Generac shares surged 33% on an Amazon data-center backup generator deal.

  • Wall Street rebounds after Fed hike selloff; Dow, S&P 500, and Nasdaq rise.
  • Treasury yields ease; Caterpillar and Amazon lead gains.
  • US crude oil drops below $100 on robust supplies and Saudi transfer plans.
  • Diesel hits record $6.40/gallon, adding to inflation concerns.
  • Jobless claims fall to 196,000, signaling a stronger labor market.
  • Housing starts and permits decline; mortgage rates above 7% slow the market.
  • SEC clears tokenized stocks, moving toward 24/7 trading.
  • Generac shares soar 33% on an Amazon data-center generator deal.
Ideas
Jessica Ettinger Anchor, CNBC 2:04
Housing slowdown deepens on high mortgage rates.
Home builders started fewer new construction homes and got fewer permits, mortgage rates are back over 7% for a 30-year fixed loan, and the slow housing market is poised to slow down even more due to affordability and interest rate issues.
XHB MED
Jessica Ettinger Anchor, CNBC 3:26
Generac surges on Amazon data-center generator deal.
Generac struck a deal with Amazon to supply backup power generators for Amazon's data centers, sending the generator maker's shares up 33% and making it a notable data-center power demand play to monitor.
GNRC MED
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This CNBC video, published September 17, 2026, features Jessica Ettinger discussing XHB, GNRC. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Jessica Ettinger  · Tickers: XHB, GNRC