2026-10-07
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From the New York Times, it's the headlines.
I'm Will Jarvis, in for Tracy Mumford.
Today's Wednesday, October 7th.
Here's what we're covering.
Wall Street has reached a new record high.
Yesterday, the S&P 500, the world's most widely tracked stock index, ticked up to an all-time peak,
blowing past a series of other records it set earlier this year.
Overall, since January, the index has shot up more than 14%.
I think these things can sometimes seem counterintuitive because we see war in Iran,
we see war in Ukraine, we see rising deficits, more government debt,
we see affordability issues in the US and people struggling just to make ends meet each day.
But that's not what the stock market reflects.
The stock market reflects the profits of the biggest companies in the country.