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S&P 500 rises 1.2%, nearing record high despite slower GDP growth forecast

Market News
28 Sep 2026
Seeking Alpha
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Neutral
S&P 500 rises 1.2%, nearing record high despite slower GDP growth forecast

The S&P 500 index increased by 1.2% to close at 7,743.41 on September 25, 2026, just 0.7% below its all-time high. This rise occurred amid ongoing investor concerns in the third quarter, including a slight downgrade in the Atlanta Fed's GDPNow forecast for U.S. real GDP growth in Q3 2026, which fell from 5.1% to 5.0%. Despite these worries, the market showed resilience, signaling cautious optimism among investors. The near-record close suggests investors are balancing growth concerns with positive market momentum.

The S&P 500 index rebounded with a close just 0.7% below its all-time high, signaling cautious optimism despite economic growth concerns. For readers following U.S. stocks, here is Pluang's market snapshot as of Sep 28, 2026 18:24 WIB: out of 150 priced US stocks tradable on Pluang, 31 rose and 115 fell today. Notable movers include FIRY (Firy Inc.) up 4.59% with a typical hold time of 13 days, NU (Nu Holdings Ltd) down 4.49% with a 53-day hold, and NEM (Newmont Corporation) down 4.46% with a 58-day hold.

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