27.01.202621:02:23UTC+00S&P 500 Reaches Historic High

The S&P 500 increased by 0.5% to achieve a new record high, while the Nasdaq rose by 1% on Tuesday. This performance was propelled by gains in mega cap technology stocks as investors prepared for an important week of earnings reports and policy decisions. Microsoft saw a rise of 2.2%, and Apple gained 1.1% prior to announcing their results. The semiconductor sector also performed well, highlighted by Micron's impressive 5.4% increase and Broadcom's 2.4% gain, both benefiting from AI-driven demand and stable expectations for capital expenditure. General Motors experienced a significant leap of 8.8% after boosting its 2026 guidance. However, the gains were not uniform; the Dow Jones Industrial Average decreased by 0.8%, impacted by a substantial 19.6% decline in UnitedHealth following a profit warning, as well as a 14.1% drop in CVS amid proposed changes to Medicare Advantage reimbursements. Boeing similarly dipped by 1.6% after releasing disappointing results. With approximately 75% of S&P 500 companies still surpassing earnings expectations, attention now shifts to the Federal Reserve's decision and guidance expected on Wednesday.