The claim
“The Dow Jones Industrial Average has reached 50,000 and the S&P 500 has reached 7,000.”
Donald Trump made the claim on 11 October 2026, in remarks about a Supreme Court tariff ruling, as recorded in a Rev transcript.
Our verdict
Unverified
We could not confirm or refute this claim. The Dow Jones Industrial Average clearly passed 50,000, but we could not find a dated source showing the S&P 500 had reached 7,000 by the time the claim was made.
Know something that settles it? Send us evidenceWhat we found
Donald Trump said the Dow Jones Industrial Average had reached 50,000 and the S&P 500 had reached 7,000. The first part checks out. Yahoo Finance, Investing.com and MarketWatch all show the Dow closed at 51,654.95 on 9 October 2026, two days before he spoke. The second part is where we get stuck. MarketWatch's S&P 500 page says the index is trading at 7,811.54, which is above 7,000, but the page carries no date. Without a date, we cannot tell whether that figure was true on or before 11 October 2026, when the claim was made. No other source we found gives a dated S&P 500 level for that period. Because one half of the claim is well supported and the other half rests on an undated figure, we cannot say the claim as a whole is true or false. We could not find enough public evidence to confirm or refute it.
The numbers
Dow Jones Industrial Average closing value on 9 October 2026
Multiple sources confirm the Dow Jones Industrial Average closed at 51654.95 on 9 October 2026, exceeding the 50000 mark.
Figures in index
The evidence
5 of 6 sources support the claim; none contradict it.
- Background
A Rev transcript records Donald Trump saying the Dow Jones Industrial Average broke 50,000 and the S&P 500 broke 7,000. [1]
- Supports the claim
Yahoo Finance historical data shows the Dow closed at 51,654.95 on 9 October 2026, above the 50,000 mark. [2]
- Supports the claim
Investing.com historical data also shows the Dow closed at 51,654.95 on 9 October 2026. [3]
- Supports the claim
MarketWatch data shows the Dow closed at 51,654.95 on 9 October 2026, above 50,000. [4]
- Supports the claim
Yahoo Finance UK historical data shows the Dow closed at 51,654.95 on 9 October 2026, before the claim was made. [5]
- Supports the claim
MarketWatch's S&P 500 page says the index is trading at 7,811.54, above 7,000, but the page has no date, so we cannot tie it to the time of the claim. [6]
What we could not confirm
- Whether the S&P 500 had reached 7,000 on or before 11 October 2026, when the claim was made.
- The date of the MarketWatch S&P 500 page showing a level of 7,811.54.
How we checked
We looked at stock market historical data pages for the Dow Jones Industrial Average and the S&P 500, and at a transcript of the remarks, to compare the claimed levels with dated figures from around the time of the claim. We reviewed 7 relevant sources.
Sources
- [1]www.rev.com · Donald Trump Supreme Court Tariff | Rev
- [2]finance.yahoo.com · Dow Jones Industrial Average (^DJI) Historical Data - Yahoo Finance · October 9, 2026
- [3]investing.com · Dow Jones Industrial Average Historical Data (DJI) - Investing.com · October 11, 2026
- [4]marketwatch.com · Download DJIA Data | Dow Jones Industrial Average Price Data | MarketWatch · October 9, 2026
- [5]uk.finance.yahoo.com · Dow Jones Industrial Average (^DJI) historical data - Yahoo Finance · October 9, 2026
- [6]marketwatch.com · SPX | S&P 500 Index Overview | MarketWatch
- [7]Photo: Daniel Torok / Wikimedia Commons, Public domain
Help us check this claim
We could not find enough public evidence to confirm or refute this claim. If you know of an official record, dataset, transcript or report that settles it, send us the link. We review every submission and update this fact check when the evidence changes the picture.
Measured Take updates fact checks when new evidence emerges. Corrections are noted on the page.
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