NewsMeter

S&P 500, Nasdaq Hit Record Highs as Focus Shifts to Fed Minutes

10/7/2026

The S&P 500 and the Nasdaq Composite reached record highs on Tuesday, with the S&P 500 adding 0.6% to settle at 7,818.93 and the Nasdaq gaining 0.5% to 27,599.79.

The Nasdaq marked its fifth consecutive day of gains, while the S&P 500 extended its rally to a fourth straight session.

The Dow Jones Industrial Average rose 0.5% to 51,521.28, continuing its upward trend for a fourth session.

Market activity was driven by declining Treasury yields ahead of the Federal Reserve's release of meeting minutes scheduled for Wednesday.