Wall Street Tech Gains Push Indices to Record Highs

NEW YORK, Oct 7, 2026 – U.S. equities advanced Tuesday, with the S&P 500 climbing 0.58% to a record close of 7,818.93, while the Dow gained 0.49% to 51,521.28 and the Nasdaq rose 0.45% to 27,599.79. Chipmakers led the rally, with Marvell Technology surging 5.8%, Broadcom up 3.7% and AMD gaining nearly 3%.

The rally was supported by easing Treasury yields, with the 10-year yield slipping three basis points to 5.286%. Oil prices ended little changed, with Brent crude settling at $101.08 a barrel.

Tech Gains

In Europe, the STOXX 600 rose 0.48% to 636.63, aided by easing oil prices and defensive buying. Asian markets were mixed: Japan’s Nikkei 225 surged 1.05% on tech-led momentum, Hong Kong’s Hang Seng gained 1.00%, while South Korea’s KOSPI fell 0.89% as investors booked profits in chipmakers.

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