S&P 500 Update: Apple Stock Surge and Trade Desk Tumbles

Reported 2 days ago

On August 8, 2025, the S&P 500 increased by 0.8%, nearing its previous all-time high, boosted by strong performances from tech stocks like Apple and Gilead Sciences, which saw gains of over 4% and 8.3%, respectively. However, shares of The Trade Desk plummeted 38.6% due to reduced advertising spending from major clients amidst tariff concerns. Overall, major U.S. indexes closed positively, reflecting investor optimism following Federal Reserve comments on potential interest rate cuts.

Source: YAHOO

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