Stock Market Today: S&P 500 Hits New Record High -- WSJ
Dow Jones2026/10/06 18:40By Joe Wallace U.S. stocks are rising today, with the S&P 500 hitting a new record high. The index rose about 0.6% in afternoon trading Tuesday and hit a new all-time intraday high above 7840. If it holds its recent gains, the S&P will top the all-time closing high it hit back in August. The Dow industrials and the Nasdaq are also up today. The tech-heavy index is on track to hit a second consecutive record. Late this summer, stocks encountered turbulence when U.S. government bond yields surged, but they have picked up in recent weeks, riding another wave of enthusiasm about artificial intelligence. Treasury yields are taking a breather after a near-relentless selloff in U.S. government bonds. Ten-year borrowing costs hit their highest level since April 2002 on Monday. Unusually, yields and stocks have risen in tandem in recent weeks. Brent crude futures pared losses, now trading around $100, or close to flat on the day. Oil traders are weighing a pickup in shipments through the Strait of Hormuz against Iran's attempts to curb flows with attacks on tankers. This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). (END) Dow Jones Newswires October 06, 2026 14:40 ET (18:40 GMT)
By Joe Wallace
U.S. stocks are rising today, with the S&P 500 hitting a new record high.
The index rose about 0.6% in afternoon trading Tuesday and hit a new all-time intraday high above 7840. If it holds its recent gains, the S&P will top the all-time closing high it hit back in August.
The Dow industrials and the Nasdaq are also up today. The tech-heavy index is on track to hit a second consecutive record.
Late this summer, stocks encountered turbulence when U.S. government bond yields surged, but they have picked up in recent weeks, riding another wave of enthusiasm about artificial intelligence.
Treasury yields are taking a breather after a near-relentless selloff in U.S. government bonds. Ten-year borrowing costs hit their highest level since April 2002 on Monday. Unusually, yields and stocks have risen in tandem in recent weeks.
Brent crude futures pared losses, now trading around $100, or close to flat on the day. Oil traders are weighing a pickup in shipments through the Strait of Hormuz against Iran's attempts to curb flows with attacks on tankers.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 06, 2026 14:40 ET (18:40 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jensen Huang's influence surpasses that of Nvidia— and that's exactly the problem
Jensen Huang has been the key driving force behind the massive expansion of AI infrastructure, with his personal credibility and authoritative decision-making deeply embedded in the narrative of the global tech market’s rise over the past three years. Now, as scandals emerge, Nvidia’s trading team is expected to become more conservative and slow down external financing commitments, which undoubtedly worsens the situation for neoclouds already facing tight funding.
Deutsche Bank made significant Q3 purchases of midstream AI application stocks: the three major cloud giants saw increased holdings, with Palantir (PLTR.US) and Salesforce (CRM.US) also favored.
Deutsche Bank has submitted its third quarter 13F holdings report for the period ending September 30, 2026.
Crypto prices
More
