Stock Market Summary – July 09, 2025

After a series of tariff policies announced by President Trump, the S&P 500 ended Tuesday’s session nearly unchanged, decreasing 0.07% to 6,225.52. The Dow Jones Industrial Average fell 165.60 points (0.37%) to settle at 44,240.76, while the Nasdaq Composite incremented by 0.03% to close at 20,418.46. One of the day’s winners was Nvidia, which gained 1%. In contrast, larger banks like JPMorgan and Bank of America lost approximately 3%, with Goldman Sachs slipping almost 2%.

In earlier trading on Monday, the Dow Jones fell by 422.17 points (0.94%) to end at 44,406.36, triggered by Trump’s new tariffs. The S&P 500 dipped 0.79% to 6,229.98, and the Nasdaq Composite lost 0.92% to end at 20,412.52. Shares of automobiles companies Toyota Motor and Honda Motor fell by 4% and 3.9% respectively, while many tech companies also saw losses, with Apple and Alphabet losing over 1%, and AMD losing over 2%. Tesla also faced a nearly 7% drop in shares after CEO Elon Musk’s announcement of forming a new political party.

Following the release of a strong June jobs report, the Dow Jones rose 344.11 points (0.77%) to settle at 44,828.53 on Thursday. The S&P 500 rose 0.83% to reach a new record close at 6,279.35, and the Nasdaq gained 1.02% to close at a new high of 20,601.10. Nonfarm payrolls rose by 147,000 in June, exceeding economists’ forecast of 110,000. This positive economic data reduced the expectations for the Federal Reserve to cut interest rates in the near term.

Lastly, the S&P 500 and Nasdaq Composite saw a weekly increase of 1.7% and 1.6% respectively, and the Dow Jones posted a weekly gain of 2.3%.