Stocks rose on Friday, led by the tech sector, as the major averages ended the week with solid gains.
The Nasdaq Composite jumped 0.98% for a record close of 21,450.02. The tech-heavy index hit a fresh all-time intraday high earlier in the day. The S&P 500 added 0.78% and ended at 6,389.45, a hair’s breadth shy of a record close. The Dow Jones Industrial Average climbed 206.97 points, or 0.47%, closing at 44,175.61.
The major averages posted a winning week, with the 30-stock Dow jumping about 1.4% and the broad market S&P 500 up 2.4% in the period. The Nasdaq posted a 3.9% climb on the week.
Apple lifted both the S&P 500′s tech sector and the Nasdaq. The iPhone maker surged 13% this week after announcing plans to spend about $600 billion over four years in the U.S. in a bid to appease President Donald Trump. The stock notched its best week since July 2020.
Source: https://www.cnbc.com/2025/08/07/stock-market-today-live-updates.html