The S&P 500 and Nasdaq Composite scored new all-time intraday and closing highs on Wednesday, a day after the broad market index snapped a seven-day winning streak because of a drop in Oracle that called to question the sustainability of the artificial intelligence trade. The U.S. government shutdown is also in its second week.
The benchmark S&P 500 climbed 0.58% to close at 6,753.72, supported by a rise in the index’s information technology, utilities and industrials sectors. All three sectors notched fresh closing highs. The Nasdaq Composite advanced 1.12% to finish at 23,043.38. The Dow Jones Industrial Average fell 1.20 points to end the day at 46,601.78.
Source: https://www.cnbc.com/2025/10/07/stock-market-today-live-updates.html