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

US stocks experienced a decline this week, fueled by a weaker-than-expected jobs report. The report indicated the addition of only 22,000 jobs in August, far short of the expected 75,000. This resulted in a reverse in the US stock market, with the S&P 500, Dow Jones, and Nasdaq all suffering losses. The continuous weaker labor data has led to heightened expectations of interest rate cuts.

For the week, the S&P 500 fell by 0.3%, the Dow Jones lost 0.5%, and the tech-heavy Nasdaq Composite slipped slightly below the flatline. The unemployment rate also rose to 4.3% from 4.2% the previous month, adding to worries about economic slowdown.

There was a mixed pattern in stocks this week. An upbeat outlook from Broadcom led to around a 9% rise in shares. On the other hand, Tesla shares also rose due to a proposal to increase CEO Elon Musk’s compensation if performance targets are met. This week’s biggest loser, Nvidia, experienced a 2.7% drop in shares, while others like JPMorgan and Wells Fargo also recorded a decrease due to concerns over a slowing economy potentially impacting loan growth.

The earnings reports showed a generally positive pattern, with around 98% of S&P 500 reporting. Analysts expect an 11.9% increase in earnings per share for the second quarter. However, some stocks reported a decline, such as Salesforce whose stock sank on tepid guidance. Meanwhile, others like Macy’s recorded considerable growth.

In summary, this week’s stock market showed a decline due to slower job growth. However, there was a mix of gains and losses among individual stocks. Ultimately, investors are keeping a keen eye on the Federal Reserve’s potential rate cut decision in the face of a slowing labor market.

Over the past week, the US stock market has seen significant developments as the second quarter earnings season draws to a close. Out of the S&P 500 index companies, 98% reported earnings, with an expected rise of 11.9% in earnings per share. Several companies have reported their quarterly results, including Lululemon, DocuSign, and American Eagle. However, Lululemon’s stocks dropped due to a reduced forecast, while American Eagle saw a surge in its stocks.

Technology has played a prominent role this week with S&P 500’s eight trillion-dollar tech companies, including Alphabet, Apple, Broadcom, and Tesla, gaining a combined $420 billion in market capitalization, raising their total worth to $21 trillion. Alphabet and Apple enjoyed sharp increases in their stock prices following the resolution of Google’s antitrust case, with Alphabet gaining more than 10% for the week and Apple adding 3.2%. Also, Broadcom’s stock saw a significant rally due to a new $10 billion contract with a new client speculated to be OpenAI.

In contrast, Nvidia saw a 4% drop in its shares over the past week despite no apparent negative news. Meanwhile, Tesla shares rose by 5% after details about a new pay package for CEO Elon Musk were announced, which could be worth up to almost $1 trillion if approved by investors.

In Canada, the S&P/TSX composite index reached a record high on Thursday, marking its seventh day of gains. This is mainly attributed to the rise of technology and financial shares, with the latter constituting 64% of the TSX’s weighting. Descartes Systems Group Inc led the technology sector, boosting its shares by 7% after surpassing quarterly revenue estimates.

On the economic data front, the Labor Department will release two important inflation metrics – the Producer Price Index on Wednesday and the Consumer Price Index on Thursday. Investors will also keep an eye on new releases and reports from companies like Casey’s General Stores, Apple, Oracle, AeroVironment, GameStop, Kroger, and Adobe.