FeesSafety
Pluang+

Market correction nears end; S&P 500 may drop to 7,100-7,300 before year-end rally, says Morgan Stanley.

Market News
09 Nov 2026, 12:26 WIB
Market Watch
View Source
Neutral
Market correction nears end; S&P 500 may drop to 7,100-7,300 before year-end rally, says Morgan Stanley.

Morgan Stanley says the current market correction, which began in June, is entering its final phase. The S&P 500 is expected to decline further to between 7,100 and 7,300 in the coming weeks as the market's breadth narrows. This signals the setup for a potential year-end rally once this downside target is reached. Investors are advised to wait before buying the dip until this phase completes.

The market correction's final phase is the subject, with Pluang data as of Nov 09, 2026 17:02 WIB providing context. For readers following US stocks, here is Pluang's market snapshot: out of 150 priced US stocks tradable on Pluang, 119 rose and 26 fell today. Notable movers include BHP Billiton Limited (BHP) at USD 81.92 with a 1-day change of +2.54%, Freeport-McMoRan Inc (FCX) at USD 60.91 with +2.51%, and Li Auto Inc (LI) at USD 12.23 with -2.39%. The highest gain was BHP's +2.54%.

More News

Canada launches Real-Time Rail for instant 24/7 payment clearing and settlement nationwide

Canada launches Real-Time Rail for instant 24/7 payment clearing and settlement nationwide

Payments Canada has launched the Real-Time Rail (RTR), a new national payment system enabling instant, 24/7 payment clearing and settlement for Canadian businesses and consumers. This modern infrastructure supports real-time cash flow visibility, dat...

Market News
Bullish
1 hour ago
India's quick commerce market to reach $7.39B by 2032, driven by grocery demand and tech adoption.

India's quick commerce market to reach $7.39B by 2032, driven by grocery demand and tech adoption.

India's quick commerce market is projected to grow from $3.65 billion in 2026 to $7.39 billion by 2032, expanding at a 12.41% CAGR. Growth is fueled by rising smartphone and internet penetration, expanding dark-store networks, and increasing demand f...

Market News
Bullish
1 hour ago
Mana Battery hires BMW's Dr. Frederik Morgenstern to boost sodium-ion battery tech and production.

Mana Battery hires BMW's Dr. Frederik Morgenstern to boost sodium-ion battery tech and production.

Mana Battery has appointed Dr. Frederik Morgenstern, former BMW battery innovation lead, as VP of Cell Engineering. Morgenstern brings extensive experience in developing high-performance battery cells, including BMW's 6th-generation cylindrical cell,...

Market News
Bullish
1 hour ago
ISS A/S continues share buyback, repurchasing 7.69 million shares worth DKK 2.05 billion

ISS A/S continues share buyback, repurchasing 7.69 million shares worth DKK 2.05 billion

ISS A/S is actively executing its share buyback program announced in February 2026, aiming to redistribute excess cash to shareholders and reduce share capital. As of early November 2026, the company has repurchased approximately 7.69 million shares ...

Company Fundamentals
Neutral
2 hours ago
AL Sydbank buys back 30,000 shares in week 45, continuing its DKK 1.1bn buyback program.

AL Sydbank buys back 30,000 shares in week 45, continuing its DKK 1.1bn buyback program.

AL Sydbank A/S executed transactions to buy back 30,000 shares during week 45 as part of its ongoing share buyback program announced in February 2026, which totals DKK 1.1 billion. The program started in March 2026 and will conclude by January 2027, ...

Company Fundamentals
Neutral
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App