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S&P 500 may drop 8-10% amid Fed rate hikes; Verizon-T-Mobile end ad fight; Costco raises oil prices.

Market News
15 Sep 2026
Seeking Alpha
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Bearish
S&P 500 may drop 8-10% amid Fed rate hikes; Verizon-T-Mobile end ad fight; Costco raises oil prices.

Macro Risk Advisors warns that upcoming Federal Reserve rate hikes could trigger an 8-10% correction in the S&P 500, with a possible second decline in December, mirroring 2018's market downturn. The S&P 500 is currently pressured by rising energy costs and inflation fears, with major tech stocks showing mixed performance. Meanwhile, Verizon and T-Mobile have settled their legal dispute over advertising claims, ending months of litigation. Costco has raised prices and limited purchases of its Kirkland Signature motor oil due to rising crude oil prices and supply disruptions, marking an unusual move for the bulk retailer.

Verizon Communications leads with a dividend yield of 5.52% and a market cap of $213.10 billion, while T-Mobile offers a 2.23% yield with a $196.19 billion market cap as of Sep 15, 2026, 18:04 WIB. Costco, with the largest market cap among them at $407.52 billion, yields 0.64%. Despite the news of their legal settlement and supply challenges, Verizon shares are down 0.18% and T-Mobile shares down 0.44% on Pluang, reflecting cautious investor sentiment amid broader market concerns.

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