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Tech Stocks Soar as S&P 500 Hits Record High

1/28/2026

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Story summary
  • On January 27, 2026, the Standard & Poor's 500 Index reached a record high, closing 0.4% higher on technology stocks.
  • The Dow Jones fell 0.8% amid a decline in health insurers after a modest Medicare payment proposal.
  • UnitedHealth Group declined 19%.
  • The Nasdaq rose 0.9%, buoyed by chip makers.
  • Investors await earnings reports from tech giants and the Federal Reserve's rate decision, with expectations that rates will remain unchanged.