72% of S&P 500 Stocks Above 200-Day Average — Broadest Since December 2024

As of August 7, 2026, more than 72% of S&P 500 stocks trade above their 200-day moving average — the widest breadth reading since December 2024 (Barchart). The 200-day moving average is a long-term trend benchmark; a stock above it is in a technical uptrend. Nearly three-quarters of the index's 500 companies clearing that bar signals broad participation across sectors, not gains concentrated in a few mega-cap names. The index first crossed 7,600 on June 2, 2026 (Yahoo Finance). Goldman Sachs Research raised its year-end 2026 target to 8,000 from 7,600 on May 26, citing earnings growth — though its implied ~6% projected return sits below the index's ~10% long-run and ~16% trailing-decade averages (Chase). Strong breadth confirms trend health but does not itself predict where prices head next.