The index rose 0.6% Thursday, extending its year-to-date gain to 13.5% with strong participation across sectors.
The S&P 500 reached a new all-time high of 7,816.70, up 0.6% for the session, driven by broad market participation. The benchmark has gained 13.5% year-to-date, reflecting sustained investor confidence.
The previous record of 7,793.68 was set on August 5, with the latest advance marking a continuation of the summer rally. Analysts note the index’s resilience amid economic data and corporate earnings trends.
Equities closed higher across major sectors, reinforcing the upward momentum in U.S. markets.