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S&P 500 rises 1.2%, nearing record high despite rising 10-year Treasury yields

Market News
26 Sep 2026
Seeking Alpha
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Bullish
S&P 500 rises 1.2%, nearing record high despite rising 10-year Treasury yields

The S&P 500 gained 1.2% last week, closing just 0.7% below its all-time high despite a surge in 10-year Treasury yields. Gains were concentrated in large-cap growth stocks, especially the Mag 7 and tech sectors, while small caps, REITs, and commodities lagged. Growth stocks outperformed value stocks, signaling a market preference for growth amid rising rates. The analyst remains invested but is gradually increasing cash reserves to hedge against a potential market correction.

The 1-Minute Market Report on September 26, 2026, provides context with Pluang's Technology sector data. Of 150 priced technology stocks, 66 rose and 82 fell as of 21:11 WIB. Notable movers include Credo Technology Group Holding Ltd at USD 210.97 with a 7.65% gain and Aehr Test Systems at USD 104.39 with a 7.15% increase.

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