The S&P 500 rose 0.6%, closing above 7,800 for the first time and registering its 28th record close of 2026. The Dow gained 0.5% but remained just over 5% below its August record. Small stocks lagged, with the Russell 2000 falling 0.6%, while healthcare was the only S&P 500 sector to decline.
Treasury yields eased, with the 10-year yield retreating to about 5.28% after touching highs spanning decades. US stock futures were little changed after the close, and Asia-Pacific equities were mostly subdued at the open.