The S&P 500 sits 30 points below its record close. Will it set a new all-time closing high before Aug 19?
50% of users predicted YES — the community got this one right. 4 predictions cast.
The S&P 500 closed at a record 7,798.99 on Thursday, Aug. 13, 2026, gaining about 0.65% and briefly trading above 7,800 intraday for the first time in its history. It was the index's 27th all-time-high close of the year, resolving the market's question well before the Aug. 19 deadline.
The rally was driven by cooler-than-expected inflation data: July producer prices were flat month over month versus a forecast 0.2% rise, while consumer prices matched expectations at 0.1%. Falling crude oil prices reinforced the disinflation narrative, easing investor concern about additional Federal Reserve interest-rate hikes and lifting technology and semiconductor shares, including Meta Platforms, Micron and Netflix.
The record extended a broader 2026 rally in which the S&P 500 has advanced roughly 13.4% year to date, following an earlier close above 7,700 on Aug. 3 alongside a Dow Jones Industrial Average push past 54,000. The benchmark had been trading within 30 points of its prior record close in early August before inflation and rate data pushed it to new highs.
The community prediction on this market stood at a 50% Yes toss-up based on four votes ahead of resolution. The market ultimately resolved Yes, reflecting the S&P 500's confirmed new closing high on Aug. 13, 2026, ahead of the Aug. 19 deadline.