Buffett warnings and Apple roadmap news shape Saturday context

U.S. markets were closed Saturday. Buffett's warnings on tariffs and the U.S. dollar, Microsoft's move above Apple in market value, Apple's reported iPhone roadmap, and record April retail dip buying supplied context for the next session.

Published Sep 9, 2026

QQQ: 0.00%
SPY: 0.00%
QQQ − SPY: 0.00%

What shaped the session

Trade and currency policy

Buffett criticized the use of trade as a weapon and warned that Berkshire would avoid a U.S. dollar expected to depreciate sharply.

Mega-cap technology

Microsoft regained the top market-value position after its quarterly beat, while reports outlined slim and foldable iPhone plans at Apple.

Investor positioning

Retail investors bought a record $40 billion during April, while hedge funds and CTAs remained cautious.

Key news

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