Historic milestone: S&P 500 breaks above 7,000
On January 28, 2026, the S&P 500 index climbed above 7,000 points for the first time in its history, touching an intraday high around 7,002 as U.S. markets surged.
The milestone reflects strong investor optimism driven by robust technology sector performance, especially in AI-related stocks, and expectations that corporate earnings will remain solid. Major tech companies helped lift the broader market, while traders welcomed hints of future Federal Reserve rate cuts. Though the index eased back slightly later, the breakthrough underscores Wall Street’s resilience and the growing influence of innovation-led growth in equities.
Photo by Aditya Vyas on Unsplash
