Weekly Stock Market Update | Dow, S&P 500, NASDAQ News – August 10, 2025 at 07:01 AM

This week’s stock market showed a considerable surge, with the Dow, S&P 500, and Nasdaq posting gains. By the week’s end, the Dow rose by about 1.4% to close at 44,175.61 while the S&P 500 gained 2.4% to end at 6,389.45. The Nasdaq saw an impressive 3.9% increase and reached a record high, closing at 21,450.02.

Apple emerged as a primary driver for the market boom, posting a 13% surge in the wake of a $600 billion investment plan over four years in the U.S. However, other stocks had a challenging week, with Caterpillar shares falling by 2.5% following a tariff-induced warning that impacted its business. Pharmaceutical giant Eli Lilly also experienced a decline, with a significant 14% fall after its obesity pill’s late-stage trial results disappointed investors.

President Trump’s new tariff policy initially seemed to have a negative effect on the market. However, investors appeared to interpret the 100% tariff on imported semiconductors and chips as less harsh than anticipated, leading to a boost in the market. Trump’s decision to nominate Stephen Miran to the Federal Reserve Board of Governors and the anticipation of possible rate cuts further bolstered Wall Street’s performance.

In contrast, Palantir saw a 7% increase after its earnings report beat expectations and revealed its quarterly revenue had topped $1 billion. Meanwhile, companies such as AMD and Rivian were slated to report their earnings later in the week.

In the coming week, inflation data will be the spotlight amid investor predictions of a quarter-point cut in September by the Federal Reserve. Anticipations indicate a cautious note in the market due to high valuations, flagging momentum, and rising concentration risk. A strong focus will also remain on President Trump’s trade polices.