Strong US economic growth, highlighted by a surge in the S&P Global PMI to 58.4, is driving bond yields higher alongside inflation concerns. Rising energy costs justify the Federal Reserve's recent interest rate hike as a cautious move. The rebound in oil prices above $92 and a sharp rise in 10-year Treasury yields to 5.14% reflect market reactions to these economic signals. A potential easing of the Iran conflict could lead to a peak in bond yields and a market rally by year-end.
The US economy's strong growth is marked by a surge in the S&P Global PMI to 58.4. For readers following US stocks, here is Pluang's market snapshot as of Sep 24, 2026 19:14 WIB: out of 150 priced US stocks, 48 rose and 98 fell. Notable movers include Shopify Inc. (SHOP) at USD 137.50 with a 1-day change of -3.40% and a typical hold time of 77 days, FuelCell Energy Inc. (FCEL) at USD 16.60 down 3.38%, and Marvell Technology Inc. (MRVL) at USD 252.53 down 3.21%.
Bernstein upgraded Dollar General to "Outperform" due to its strategic initiatives targeting budget shoppers and expanding seasonal product offerings, especially affordable toys. The company is also growing its DG Media Network, which generates signi...
TD SYNNEX reported quarterly earnings per share of $5.68, surpassing analyst estimates of $4.70 by 22.41%, and revenue of $21.56 billion, beating estimates by 14.81%. This strong performance reflects a 37.7% revenue increase year-over-year, driving t...
Cintas reported a 10.9% revenue increase to $3.01 billion in Q1 fiscal 2027 and exceeded EPS expectations with $1.39 per share. Following this strong performance, investment firm Robert W. Baird raised its price target for Cintas to $222, implying a ...
Darden Restaurants reported Q1 2027 earnings per share of $2.05, meeting analyst expectations but down from $2.19 last year due to higher expenses. Total revenue was $3.20 billion, just below the $3.21 billion estimate. Despite this, the company saw ...
Jefferies Financial Group is expected to report a third-quarter revenue of $2.21 billion, marking an 8.1% increase year-over-year, signaling strong sales growth. However, earnings per share (EPS) are forecasted to decline slightly by 1% to around $1....
