S&P 500 Slides to 7,581 at Midday as Blue Chips Bear the Brunt
As seen on the 24/7 Wall St. homepage on September 15, 2026.
- S&P 500-0.50%
- Dow Jones Industrial Average-0.96%
- Nasdaq Composite-0.70%
The Dow is carrying the damage at midday, down 500 points and nearly twice the S&P 500's decline, so the selling is hitting old-economy blue chips harder than tech. Rate-hike odds are doing the work here, and the afternoon session decides whether this holds.
Continue ReadingShow less
The S&P 500 is down about 0.5% at 7,581.95 as of midday, pulling back from a previous close of 7,619.96.
The Dow Jones Industrial Average is absorbing the heavier blow, off roughly 1% at midday, nearly twice the S&P 500's percentage decline. That gap points to selling concentrated in old-economy blue chips that carry less weight in the S&P 500. The Nasdaq Composite is also lower.
Disclosure
1 INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA( www.finra.org )/SIPC( www.sipc.org ).2The probability of a member receiving $1,000 is 0.028%. If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Members must fund their account with a minimum of $50.00 to qualify. The probability percentage is subject to decrease. Members are only eligible for the Stock Award promotion upon opening their first brokerage account; subsequent cash brokerage accounts are ineligible for the promo, including for members with multiple accounts. 3Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. 4There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.
SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now. (Sponsor)
Rate-hike odds are the driving force behind the pressure. When the market reprices the likelihood of tighter monetary policy, interest-rate-sensitive and capital-intensive businesses tend to feel it first, which helps explain why the Dow is lagging the other indexes today.
The afternoon session is the next key moment. Midday readings can shift meaningfully in the final two hours of trading, and whether sellers hold conviction or buyers step in will determine where the S&P 500 closes relative to that 7,619.96 prior close.