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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: S&P 500 Nabs First-Ever Close Above 5,000

Nasdaq PEP Nvidia PepsiCo
Stock market ticker board with three dimensional blue arrow pointing up.

The tech sector was the clear winner Friday, thanks to solid gains for several Magnificent 7 stocks. But it was the S&P 500's inaugural close above the psychologically significant 5,000 mark that really made headlines.   

At the close, the Nasdaq Composite was up 1.3% to 15,990 and the S&P 500 had gained 0.6% to 5,026 – settling above the 5,000 level for the first time ever. 

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