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Will the S&P 500 open higher? Polymarket odds lean bullish as Wall Street weighs Iran sanctions against resilient US economic conditions.
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Filed: 2026-10-15 AccNo: 0001104659-26-116256 Size: 189 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
The Nasdaq 100 fell 1.5% at midday Friday as memory chips and AI-debt names sold off, while Fed Chair Warsh declined to rule out an October hike after hot CPI and PPI. WTI held near $96, the 10-year yield hovered around 5.1%, gold bounced toward $4,200 and bitcoin traded near $81,300.
Nine of 11 sectors are higher in Friday’s regular session, with cyclical sectors holding the top three positions. The leaders are separated rather than clustered, with no single gap clearly standing apart from the other breaks across the table.
Why The Kobeissi Letter says the S&P 500 could hit 9,000 without the Iran War, offering a "historic opportunity" for a "violent rally."
Social Capital founder and venture capitalist Chamath Palihapitiya suspected on Thursday, October 15, that much of the AI companies' revenues come from other AI firms that are themselves funded by venture capital.