In September, all S&P500 sectors except Technology declined, pushing the equal-weighted index into a 5% correction. The market faces pressure in October due to rising bond yields, increasing oil prices, and ongoing Federal Reserve interest rate hikes, suggesting the selloff could continue. Additionally, the AI sector, a key driver of recent gains, is under scrutiny as major cloud service providers report earnings; falling token prices could reduce profit margins and trigger further declines in the S&P500. Valuations remain high, with the S&P500 trading at a Shiller PE above 40, indicating a potential bubble despite a lower forward PE ratio.
The S&P500's outlook in October is presented here with Pluang's market data as of Sep 29, 2026 16:02 WIB: Among 150 US stocks priced on Pluang, 66 rose and 78 fell today. Notably, Li Auto Inc (LI) declined by 1.96% with a strong sell bias (85% Sell), contrasting with Plug Power Inc (PLUG) which gained 1.61% and saw 100% buy orders, while Micron Technology (MU) rose 1.57% with 72% buy activity. Typical hold times vary widely, from 41 days for PLUG to 101 days for LI, reflecting diverse investor engagement across these assets.
REalloys has appointed Dr. Muhammad Imran as Chief Operating Officer, effective September 1, 2026, to strengthen its rare-earth project execution and collaboration with the Saskatchewan Research Council (SRC). Dr. Imran brings over 17 years of experi...
Copper Intelligence has finalized a joint venture with CoTec Holdings and investment vehicles linked to their CEO and Chairman to process historical copper tailings in the Democratic Republic of Congo (DRC). This partnership aims to leverage CoTec's ...
Mario Giannini, Executive Co-Chairman of Hamilton Lane, will retire on March 31, 2027, concluding over three decades with the firm. Giannini joined in 1993 as the third employee and played a key role in the firm's growth, including its 2017 IPO. He s...
NSJ Antimony Corp. has increased its mineral claim area from 35 to 57 square kilometers in New Brunswick, Canada, enhancing its potential for antimony discoveries. The expanded area includes new soil geochemical and aeromagnetic targets aligned with ...
Scholastic Corporation announced it will acquire Cottage Door Press, a leading independent children's publisher, for approximately $71 million. This acquisition strengthens Scholastic's position in the early childhood book market by adding innovative...
