Ed Yardeni, a prominent Wall Street strategist, has reduced his year-end S&P 500 target from 8,400 to 7,900, citing higher bond yields rather than worsening corporate earnings. He moved the original 8,400 target to mid-next year, indicating a timing adjustment rather than a bearish outlook. Yardeni explains that rising long-term Treasury yields around 5% reduce valuation multiples, meaning investors pay less for each dollar of earnings despite strong profit growth. The key factor influencing the market will be whether bond yields settle within Yardeni's 4-5% range; if yields remain above 5%, earnings growth alone must support market gains, potentially weighing on valuations.
The strategist Ed Yardeni's revised S&P 500 target offers context for US equity market conditions. For readers following US stocks, here is Pluang's market snapshot as of Sep 17, 2026 22:21 WIB: out of 150 priced US stocks tradable on Pluang, 102 rose and 46 fell today. Notable movers include AMD at USD 543.66 with a 1-day change of +6.08%, BlackBerry Limited at USD 8.09 up 5.89%, and Micron Technology at USD 980.79 rising 5.85%.
ASML Holding posted a strong Q3 2026 earnings per share of $14.65, beating estimates of $12.17, driven by a 55% year-over-year sales growth and a 57.5% gross margin. Although revenue was slightly below expectations at $13.05 billion, the company bene...
Charles Schwab is set to report its Q3 2026 earnings with an estimated EPS of $1.66 and revenue around $7.18-$7.19 billion, reflecting significant growth driven by an 18.2% increase in trading revenue, net interest income, and asset management fees. ...
Transmission System Operators (TSOs) are increasingly investing in software like Energy Management Systems and grid planning tools to modernize aging infrastructure, enhance cybersecurity, and expand grid capacity. Cybersecurity remains their top con...
Air Canada will begin a new seasonal nonstop flight service between Montreal and Seville, Spain, starting September 8, 2027. This route is the only nonstop connection between North America and Seville, enhancing travel options for leisure and busines...
Air Canada announced it will start non-stop seasonal flights between Montréal and Seville, Spain, beginning September 8, 2027. This new route is the only direct connection between North America and Seville, enhancing travel options for Canadians and ...
