#SP500FirstCloseOver7800

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About SP500FirstCloseOver7800

On Oct 6, the S&P 500 rose about 0.6%, closing above 7,800 for the first time. The Nasdaq Composite gained about 0.4%, its second straight record close. AI-related stocks and expectations for corporate earnings helped support the rally, even as long-term US Treasury yields remained near multi-decade highs.