US Stock Markets Rebound Amid Oil Price Drop and Rate Hike Bets Rise
US stock markets rebounded on September 11, 2026, ending a four-day decline due to a drop in international oil prices. The Dow Jones surged over 500 points, with the Nasdaq and S&P 500 rising nearly 1%.
The core Consumer Price Index (CPI) for August exceeded expectations, increasing bets on a Federal Reserve rate hike next week to about 86%. This has led to speculation that major tech firms may struggle with higher borrowing costs.
Apple Inc. (AAPL), a leading player in the technology sector, saw notable gains along with other NYSE FANG+ index members Amazon and others. However, according to GuruFocus, AAPL is currently trading at $332.27, which is 16.5% over its GF Value™ of $285.11.