By William Collins, consultant in stock markets – Eurasia Business News, January 28, 2026. Article no 2018
Wall Street, Manhattan, New York City- Photo credit : Swann Collins
The S&P 500 did reach the 7,000 level for the first time on January 28, briefly trading above that mark intraday and setting a new record high around 7,002 points before pulling back slightly.
S&P 500 rose about 0.4% (around 28 points) to finish at a record close of roughly 6,978.6.
This 7,000 milestone capped a powerful run driven largely by enthusiasm for artificial intelligence–related stocks and strong corporate earnings, with tech and growth names leading the final push.
Crossing 7,000 is also seen as a psychological landmark, signaling how far the index has climbed since breaking 6,000 in late 2024 and underscoring investor confidence in continued profit growth despite lingering inflation and interest‑rate uncertainty.
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© Copyright 2026 – Eurasia Business News. Article no. 2018
Eurasia Business News 