Overview
On August 6, 2025, Wednesday, the U.S. stock market ended on an upward trajectory. Large tech stocks led the surge as investors responded positively to growing expectations of a Federal Reserve interest rate cut.
Nasdaq Composite | S&P 500 |
Dow Jones Industrial Average | 1 South Korean won equals |
Major News
- Tech giants led the charge with Apple soaring 5.1% on news of a $100 billion new U.S. investment pledge to avoid iPhone tariffs.
- Snap plummeted 17% following slightly below expectations in revenue.
- AMD fell over 6% due to unclear sales guidance amid global challenges.
- President Trump's comments on imposing 100% tariffs on semiconductor imports, with waiver incentives for companies relocating to the U.S., added volatility to after-hours trading.
Tomorrow's Economic Indicators
Time | Indicator |
---|---|
20:00 | UK Interest Rate Decision |
20:30 | U.S. Q2 Nonfarm Productivity |
20:30 | U.S. Q2 Unit Labor Costs |
20:30 | U.S. Weekly Jobless Claims |
23:00 | U.S. Wholesale Inventories |
23:30 | U.S. Natural Gas Inventories |
00:00 | NY Fed Inflation Expectations |
02:00 | U.S. 30-Year Bond Auction |
02:00 | U.S. Consumer Credit |
23:00 | Fed Bostic's Speech |
General Opinion
Investors are optimistic about a more stable investment environment due to the Fed's expected rate cut, while Apple's large-scale investment announcement is seen as a positive market driver. However, concerns remain with Snap and AMD's poor performance. Thursday's market is anticipated to be active with several key indicators set for release.
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daily stock summary