S&P 500 hits record close after 42-day break
The S&P 500 closed at a record high for the 25th time this year after a 42-day streak without a new peak.
Updated last month2 new reports, including MarketWatch, Bloomberg.
En bref
The S&P 500 closed at a record high for the 25th time in 2026. The milestone comes after a 42-day period without a new peak.
The S&P 500 closed at a record high on August 4, 2026.2,1 This was the 25th record close for the S&P 500 in 2026.2 The index had not reached a new record for 42 consecutive days prior to this close.2
The rally coincided with earnings reports from major companies, including SpaceX and Palantir.1 Oil prices declined amid reports of potential progress in US-Iran negotiations.1 Analysts described SpaceX as the "frothiest trade the market has even seen."1
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