Reported 2 days ago
On October 7, 2025, the stock market closed mixed, with the S&P 500 and Nasdaq hitting record highs due to strong investor sentiment propelled by notable mergers, despite an ongoing government shutdown. The S&P 500 rose 0.4%, ending at a record 6,740.28 points, while the tech-heavy Nasdaq gained 0.7% to reach 22,941.67 points. Major tech player AMD's partnership with OpenAI surged its shares by 23.7%, influencing a market rally, while Fifth Third Bancorp's acquisition of Comerica created the ninth-largest bank in the U.S. The market's trading volume was above average, reflecting heightened activity.
Source: YAHOO