S&P 500 and Nasdaq Hit Record Highs as VIX Spikes
The S&P 500 posted its highest close on record, finishing above 7400 for the first time. Stocks rose to start the week even as the VIX spiked. The index has climbed 1100 points since its March 30 bottom.
under30ceo.comThe S&P 500 posted its highest close on record and closed above 7400 for the first time ever as stocks rose to start the week. The benchmark index also closed at a record high while the Nasdaq closed at a record high. The S&P 500 is up 1100 points since the March 30 bottom.
That rebound propelled the index past the 7400 threshold in Monday's session. Even as equities pushed higher, the VIX spiked. The increase in the so-called fear gauge came on the same day the S&P 500 finished above 7400 for the first time.
Stocks rose to start the week with both major indexes sealing fresh peaks. The S&P 500 closed at a record high and the Nasdaq closed at a record high according to market data. The advance marked a continuation of the recovery that began after the March 30 low.
From that point the S&P 500 has now added 1100 points to reach its latest record close. Market participants tracked the simultaneous rise in equities and the jump in volatility measures. The S&P 500 posted its highest close on record even as the VIX registered a spike.
Key Facts
Story Timeline
2 events- 2026-05-11
S&P 500 closes above 7400 and at record high; Nasdaq also closes at record high; VIX spikes
4 sourcesMarketWatch · Investingcom · KobeissiLetter - 2026-03-30
S&P 500 reaches its bottom before subsequent 1100-point rally
1 sourceKobeissiLetter
Potential Impact
- 01
Equity investors witnessed broad index records amid elevated volatility readings
- 02
The 1100-point rally from late March bottom reinforced bullish momentum into May
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