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Mixed Results as Dow Dips, Nasdaq Hits Record Close

Mixed Results as Dow Dips, Nasdaq Hits Record Close

Update: 2025-08-08
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Today United States stock markets closed with mixed results as the Dow Jones Industrial Average fell by two-tenths of a percent, losing two hundred twenty-four points to finish at forty-three thousand nine hundred sixty-eight United States dollars and sixty-four cents, largely pulled down by weakness in financial and healthcare stocks according to Nasdaq. The Standard and Poor’s five hundred ended down by one-tenth of a percent, losing a little more than five points to close at six thousand three hundred forty United States dollars, while utilities and consumer staples led the gainers in the index. The Nasdaq Composite, however, bucked the trend, climbing by four-tenths of a percent or seventy-three points to a new record close at twenty-one thousand two hundred forty-two United States dollars and seventy cents.

Sector-wise, financials and healthcare registered the biggest losses, each declining more than one percent, while consumer staples and utilities gained nearly one percent each. Trading volume was somewhat muted with seventeen point four billion shares exchanging hands on the New York Stock Exchange, which is below the recent twenty-session average. Decliners outnumbered advancers on both the New York Stock Exchange and the Nasdaq, though technology stocks provided positive momentum, especially after news that Apple shares rallied over eight percent this week according to Bespoke Investment Group.

Regarding notable market movers, Caterpillar dragged the Dow lower by about two and a half percent after missing its earnings estimates and citing tariffs as a headwind. Expedia shares surged on strong earnings and raised guidance, while Pinterest sank as earnings fell short, but revenue and outlook beat expectations. Instacart rose on double-digit order growth and upbeat forecasts, but Sweetgreen plunged due to disappointing revenue and guidance as revealed by CNBC Television.

A quieter day on the economic front meant Treasuries showed little change, with market attention turning to the Consumer Price Index report due August twelfth, which is expected to show headline inflation accelerating to two point eight percent, its highest in five months, as previewed by S and P Global and Trading Economics. Increased tariffs, particularly those on semiconductors, remain a key concern for forward inflation and are likely to be closely watched by investors.

Looking ahead, futures were relatively stable after the close. Key events for tomorrow and early next week include the Consumer Price Index and Producer Price Index releases, as well as major retail sales and industrial production numbers. Investors should also watch for upcoming earnings from major technology companies and potential updates on United States–China trade dynamics, with more tariffs potentially in play after the August twelfth deadline. Comments from Federal Reserve officials and the confirmation for the latest Federal Open Market Committee nominee could also move markets in the coming sessions.

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Mixed Results as Dow Dips, Nasdaq Hits Record Close

Mixed Results as Dow Dips, Nasdaq Hits Record Close

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