---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000893503.md"
description: "US stocks were mixed pre-market as brent crude rose a fifth day to above $100/bbl ahead of the ECB rate decision and $Oracle(ORCL.US) earnings. Treasuries were little changed at 4.84%. $Apple(AAPL.US) gained following its foldable iPhone launch while chip stocks and $Tesla(TSLA.US) slipped after last week’s vague Cybercab event.  Strong August jobs data last week has lifted September Fed rate hike odds to 62%, though tomorrow’s CPI could overshadow the strong jobs report. I remain skeptical the Fed will raise rates at next week’s meeting this close to midterm elections.  The forward S&P 2026 P/E of 20.9x puts the S&P 500 earnings yield below the 10-year U.S. treasury yield and vs a typical equity yield premium of +50-100 bp. I remain cautious on  $Tesla(TSLA.US) given declining 2027-30 earnings estimates, the continuing commoditization of unsupervised autonomy, and TSLA’s extreme valuation."
datetime: "2026-09-10T08:50:10.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000893503.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000893503.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000893503.md)
author: "[Gary Black Tracker](https://longbridge.com/en/profiles/17077344.md)"
generator: "portal-rs"
---

# US stocks were mixed pre-market as brent crude ros…


### Related Stocks

- [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [ORCL.US](https://longbridge.com/en/quote/ORCL.US.md)
- [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md)
- [ORCL-D.US](https://longbridge.com/en/quote/ORCL-D.US.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**