US Stock Indices Hit Record Highs Ahead of Fed Minutes
The S&P 500 and Nasdaq closed at record highs Tuesday as investors await Federal Reserve meeting minutes and a Microsoft AI event.
The S&P 500, Nasdaq-100, and Nasdaq Composite closed at record highs on Tuesday, October 6, 2026. The S&P 500 has climbed 14% year to date and 23% from its March 30 low, though this growth remains concentrated in the technology sector. Other indices, including the Dow Jones Industrial Average and Russell 2000, as well as equal-weight ETFs, continue to trade below their previous peaks.
Market focus now shifts to Wednesday, October 7, for two major catalysts. The Federal Reserve System is scheduled to release minutes from its September policy meeting at 2 p.m. ET. Simultaneously, Microsoft is hosting a significant artificial intelligence event centered on the future of the personal computer.