S&P 500 Crosses 6,500 for the First Time Ever
The S&P 500 closed above 6,500 points for the first time on Thursday, powered by upbeat U.S. economic data and robust corporate earnings led by Nvidia . The milestone underscores a wave of investor optimism as Wall Street continues to ride the momentum of strong growth and artificial intelligence enthusiasm. JUST IN: The S&P 500 hits 6,500 for the first time in history. pic.twitter.com/juS6la2eLt — Brew Markets (@brewmarkets) August 28, 2025 Economic Growth Provides Solid Foundation Revised government figures showed that U.S. GDP expanded by 3.3% in the second quarter, up from an earlier estimate of 3.0%. The stronger pace was largely fuelled by consumer spending, reinforcing the view that the economy remains resilient despite higher borrowing costs. For investors, the data eased concerns of a slowdown and provided fresh confidence that corporate earnings can continue to grow. Nvidia Leads the Charge Nvidia, a heavyweight within the S&P ...