S&P 500 Reaches 26th New High for the Year

The S&P 500 reached a new high for the third time this week and the 26th time this year, despite experiencing two down days.

The S&P 500 index (SP500) reached a new high for the third time this week and the 26th time this year, according to market data from September 12, 2025. This milestone occurred despite the index experiencing two down days during the period. The benchmark index closed the week with a gain of 1.2%, showcasing its resilience amidst ongoing market volatility Trending stocks as Wall Street cheers the Fed’s long-awaited rate cut^[1].

The recent rally can be attributed to various factors, including the Federal Reserve's long-awaited 25 basis-point rate cut and its more dovish stance on interest rates for the rest of the year. The rate cut, which was the first in nine months, provided a boost to investor confidence, driving the market higher Trending stocks as Wall Street cheers the Fed’s long-awaited rate cut^[1].

Several high-profile announcements also contributed to the positive market sentiment. For instance, Nvidia (NVDA) and Intel (INTC) announced a blockbuster deal to co-develop PC and data center chips, with Nvidia taking a $5 billion stake in Intel. Additionally, Workday (WDAY) gained attention after activist investor Elliott Investment Management revealed a significant stake in the human resources software provider Trending stocks as Wall Street cheers the Fed’s long-awaited rate cut^[1].

Tech stocks, particularly the Mag 7, led the market higher, with the Nasdaq (COMP:IND) advancing by 2.2% during the week. Meanwhile, the Dow (DJI) gained 1.1%, and the S&P 500 (SP500) added 1.2% Trending stocks as Wall Street cheers the Fed’s long-awaited rate cut^[1]. The performance of these indices highlights the ongoing strength of the tech sector, which continues to drive the broader market.

Despite the positive trends, some stocks experienced declines. FactSet Research Systems (FDS) fell by over 20% after reporting weaker-than-expected fiscal Q4 earnings and issuing soft FY26 guidance. DexCom (DXCM) also dropped nearly 12% following a short report from Hunterbrook Capital Trending stocks as Wall Street cheers the Fed’s long-awaited rate cut^[1].

The market's resilience is further reflected in the performance of various asset classes and sectors. Blockchain and emerging market stocks rallied last week, while U.S. REITs lagged behind. Tech stocks led the sectors, with the Mag 7 stocks back in strong rally mode The 1-Minute Market Report September 21, 2025^[2].

In conclusion, the S&P 500's ability to reach new highs despite market volatility underscores the resilience of the broader market. The combination of the Federal Reserve's rate cut, high-profile announcements, and strong performance across various sectors and asset classes has driven the index to new heights.