Dow Jones, S&P 500 hit record high, Nasdaq gains as US market investors await labor market report — Details here

US stock market today: The benchmark stock market indices in the United States opened on a mixed note before the Dow Jones and S&P 500 hit their record high level as investors focused their attention towards the upcoming labour data later during the day on Wednesday, 7 January 2026.

The Bureau of Labour Statistics is set to release the schedule suggests that the Job Openings and Labour Turnover Survey, along with the State Employment and Unemployment monthly report for November 2025.

At 9:30 a.m. (EDT) opening bell, the Dow Jones Industrial Average rose 0.10% to 49,512.72 points. While the S&P 500 index opened flat at 6,945.07​ points, and the Nasdaq Composite dropped 0.01% to 23,544.894 points on Wednesday.

Dow Jones today

The Dow Jones Industrial Average dropped 0.45% to 49,238.22 points during Wednesday's stock market session, compared to 49,462.08 points at the previous US market close, according to the MarketWatch data.

Dow hit its fresh record high level of 49,621.43 points after the Wall Street opened on 7 January 2026. The index dropped soon after hitting the fresh record high.

Amgen Inc., Nvidia Corp., Merck & Co. Inc., Johnson & Johnson, Home Depot Inc., Microsoft Corp., Salesforce Inc., Boeing Co., Amazon, and McDonald's Corp., were among the top gainers on Wednesday's market.

While Apple Inc., Cisco Systems Inc., Chevron Corp., Travelers Cos. Inc., Verizon Communications Inc., Coca-Cola Co., International Business Machines Corp., Visa Inc., Procter & Gamble Co., Walmart Inc., Walt Disney Co., Goldman Sachs Group Inc., Sherwin-Williams Co., American Express Co., Caterpillar Inc., Honeywell International Inc., 3M Co., UnitedHealth Group Inc., JPMorgan Chase & Co., and Nike Inc were among the laggards.

S&P 500 today

The S&P 500 index also hit its record high level of 6,957.40 points after the US stock market opened before dropping later during the early trading session. MarketWatch data shows that the S&P 500 index was trading 0.02% higher at 6,946.50 points as of 10:46 a.m. (EDT), compared to 6,944.82 points at the previous market session.

Intel Corp., Valero Energy Corp., CrowdStrike Holdings Inc., Healthpeak Properties Inc., Bristol Myers Squibb Co., Eli Lilly & Co., Datadog Inc., Incyte Corp., Iron Mountain Inc., and Palo Alto Networks Inc. were among the gainers on Wednesday.

While Skyworks Solutions Inc., First Solar Inc., Western Digital Corp., Seagate Technology Holdings Plc., Vistra Corp., Universal Health Services Inc., NRG Energy Inc., Deckers Outdoor Corp., Apollo Global Management Inc., and Pentair Plc were among the laggards.

Nasdaq today

MarketWatch data shows that the Nasdaq Composite was trading 0.44% higher at 23,649.70 points as of 10:53 a.m. (EDT) during Wednesday's Wall Street session, compared to 23,547.17 points at the previous market close.

Companies like SMX Plc, Monte Rosa Therapeutics Inc., Nuvve Holdings Corp., Innovative Eyewear Inc., Momentus Inc., Ventyx Biosciences Inc., Aspire Biopharma Holdings Inc., Alpha Modus Holdings Inc., Neumora Therapeutics Inc., and Avove Food Ingredients Inc. were among the top gainers.

While Ascent Solar Technologies Inc., Oriental Culture Holding Ltd., CEA Industries Inc., Cyclerion Therapeutics Inc., Curis Inc., Datavault AI Inc., Pitanium Ltd, XCF Global Inc., Apogree Enterprises Inc., and Bit Ventures Ltd were among the top laggards.

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Disclaimer: This story is for educational purposes only. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.