S&P 500 Climbs 0.9% at Midday as Nasdaq Leads Ahead of Fed
As seen on the 24/7 Wall St. homepage on October 26, 2026.
- S&P 500+0.90%
- Dow Jones Industrial Average+0.47%
- Nasdaq Composite+1.10%
Tech is doing the heavy lifting again, with the Nasdaq up 1.1% at midday against the Dow's 0.47%. That gap is the tell going into this week's Fed decision.
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The Nasdaq's 1.1% gain against the Dow's 0.47% at midday shows technology carrying the tape while economically sensitive names lag.
That split is a rotation into rate-sensitive growth ahead of this week's Federal Reserve decision.
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The S&P 500 has climbed to 7,692.46 from a previous close of 7,623.63.
The Fed decision validates or unwinds the move being priced in, so keep an eye on the Nasdaq-versus-Dow gap for the first sign of a reversal.