๐Ÿ’ฐ Markets

The S&P 500 closed at 7,673 on Sept 8, its second straight loss. Will it close above 7,700 on Sept 11?

On September 12, 2026, this question resolved NO.

50% of users predicted YES โ€” the community missed this one. 0 predictions cast.

The S&P 500 closed at 7,656.98 on September 11, 2026, up 0.86% for the day but still below both the 7,700 threshold and its September 8 close of 7,673. The index had fallen for several sessions before the September 11 rebound, with the Dow Jones Industrial Average gaining 509 points (0.98%) and the Nasdaq rising 0.96% that day.

Markets had been under pressure from rising oil prices tied to the escalating U.S.-Iran conflict in the Strait of Hormuz, with Brent crude touching roughly $101 a barrel, its highest since May, after a tanker was struck. The September 11 rally came as oil prices eased somewhat and traders judged the previous day's August inflation report, which showed prices rising in line with expectations, as tolerable ahead of the Federal Reserve's mid-September meeting.

The prediction-market question drew no votes before resolving, leaving its listed 50% community figure a default rather than a genuine forecast. The actual outcome was no: despite the rebound, the S&P 500 closed below both 7,700 and its prior week's level, reflecting a market still weighed down by geopolitical and inflation concerns.

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