The S&P 500 and Nasdaq indexes are trading near all-time highs, signaling strength in the broader equity market. However, outside the tech sector, many investments are struggling due to rising interest rates. Investor Nick Ackerman remains cautious about broadly increasing equity exposure but is selectively buying into closed-end funds that have been hit by higher rates and wider discounts. This strategy aims to capitalize on income opportunities in pressured funds while managing risk amid market uncertainty.
Regarding 2 closed-end fund buys in September 2026, here is Pluang's market snapshot as of Oct 15, 2026 19:51 WIB: Of 150 priced US stocks tradable on Pluang, 79 rose and 70 fell today. Notable movers include HPE at USD 60.50 with a 1-day change of -4.23%, UMC at USD 20.56 down 3.93%, and SNOW at USD 321.97 down 3.91%, with SNOW showing the highest Pluang order activity buy percentage at 95%.
Stifel Nicolaus has reiterated a Buy rating for Accenture with a price target of $242, reflecting confidence in the company's strong recent stock performance and growth prospects. Accenture's shares rose 13.4% in the month leading up to October 15, 2...
Investment firm William Blair downgraded CCC Intelligent Solutions to Market Perform amid news of a $6.1 billion acquisition by a consortium led by GTCR and Elliott Investment Management. Shareholders will receive $7.75 per share, a premium over rece...
U.S. Bancorp reported third-quarter 2026 earnings per share of $1.34, exceeding analyst estimates of $1.32 and marking its fourth consecutive earnings beat. Revenue grew 8.8% year-over-year to $7.97 billion but fell just short of the $8.00 billion ex...
Vallourec, a global leader in premium tubular solutions, will showcase its VAM® product line and the expanded CLEANWELL® grease-free range at ADIPEC 2026 in Abu Dhabi. These offerings aim to enhance operational efficiency and support energy transitio...
At ADIPEC 2026 in Abu Dhabi, Vallourec showcased its VAM® portfolio and the expanded CLEANWELL® range, highlighting innovations that improve operational efficiency and reduce environmental impact in the energy sector. The VAM® connections cater to oi...
