The benchmark index hit a record high, rising 0.9% on broad-based investor optimism and strong gains in its largest components.
The S&P 500 surged past 7,500 for the first time, climbing 0.9% in Thursday’s session as investor sentiment propelled U.S. equities higher. The rally was fueled by strong performances in the index’s top 20 stocks, extending a broad-based advance across Wall Street.
The gain builds on recent momentum, with the index continuing its upward trajectory after previous record closes. Market participants cited optimism over economic resilience and corporate earnings as key drivers behind the move.
No immediate market reaction details were provided, but the milestone reflects sustained bullish sentiment in major equities.