Macro Finance
S&P 500 Hits First Record Since August as AI Bulls Take the Lead
Bloomberg Markets·October 6, 2026·1 min read
The S&P 500 rose 0.7% to its first record high since August, driven by resilient corporate profits, optimism about artificial intelligence-related spending, and a pullback in oil prices. The milestone signals renewed investor confidence after a period of volatility, with tech and AI sectors leading the market's advance.
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