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SPX — S&P 500 Marks First Close Above 7,800 as AI Rally Expands Beyond Tech
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Power stocks join the advance, but Asia retreats and oil rebounds. Today’s Fed minutes and Treasury auction will test whether the market’s renewed confidence can hold. Wall Street celebrates The S&P 500 gained 0.6% to 7,818.93 on Tuesday, its first record close since August and first finish above 7,800. The Nasdaq added 0.45% to a record 27,599.79, while the Dow rose 253 points, or 0.49%. AI enthusiasm and easing bond yields supported the advance. S&P 500 futures edged…