S&P 500 hits record close after 42-day break
Updated 3 months ago2 new reports, including MarketWatch, Bloomberg.
The short version
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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This account was written from the 2 reports listed below, filed by 2 independent outlets, and checked against them line by line. It is not a copy of any one of them. Spotted an error? Tell us.
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