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S&P 500 Hits 7,000-Point Record High, Dow Jones, Nasdaq Open Higher Ahead of US Fed's Policy Outcome; Trump Reacts

Summary by Live Mint
S&P 500 surged to over a 7,000-point record high on 28 January 2026, while the Dow Jones, Nasdaq Composite opened higher ahead of the US Federal Reserve's policy outcome. Here's what investors need to know about the market today.

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The timid historical peak recorded yesterday by SandP 500, by briefly touching the 7,000 points before losing them, can be attributed to Donald Trump.

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U.S. President Donald Trump celebrated Wednesday that the S&P 500 stock market index was over the 7,000-point barrier for the first time in history, a milestone that he again presented as a direct proof of the success of his economic policy. The new peak comes in a context of strong optimism in the markets, but also of growing doubts about the sustainability of the stock market rally.

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Barron's broke the news in New York, United States on Wednesday, January 28, 2026.
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