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S&P 500 hits new highs driven by strong earnings and AI growth despite economic challenges

Market News
07 Oct 2026
Seeking Alpha
View Source
Bullish
S&P 500 hits new highs driven by strong earnings and AI growth despite economic challenges

The S&P 500 continues to reach record highs fueled by robust corporate earnings growth and economic resilience, even amid geopolitical tensions and rising interest rates. Key drivers include strong profit growth and AI-driven margin expansion, with valuations becoming more reasonable as earnings outpace index returns. Historical trends and positive earnings revisions support a bullish outlook through 2027, suggesting continued market expansion. This perspective is shared by Lawrence Fuller, an experienced portfolio manager and leader of The Portfolio Architect investing group.

The S&P 500's record highs provide context for this market snapshot from Pluang. For readers following US stocks, here is Pluang's market snapshot as of Oct 07, 2026 20:31 WIB: out of 150 priced US stocks tradable on Pluang, 41 rose and 107 fell today. Notable movers include ASX (ASE Technology Holding Co Ltd) at USD 45.58 with a 1-day change of -2.57%, MRVL (Marvell Technology Inc) at USD 280.00 with a 1-day change of -2.44%, and PLUG (Plug Power Inc) at USD 1.81 with a 1-day change of -2.42%.

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