S&P 500 briefly surpasses 7,000, then closes little changed as Fed keeps rates steady: Live updates

The S&P 500 reached a milestone level on Wednesday, hitting 7,000 for the first time, before pulling back as the Federal Reserve left interest rates unchanged and upped its economic growth assessment.

The broad market index ended the day down 0.01% at 6,978.03. Earlier, the S&P 500 was up 0.3% on the day, hitting an all-time intraday high of 7,002.28. The Dow Jones Industrial Average added 12.19 points, or 0.02%, to close at 49,015.60. The Nasdaq Composite outperformed and gained 0.17%, settling at 23,857.45.

Source: https://www.cnbc.com/2026/01/27/stock-market-today-live-updates.html