NEW YORK, August 11, 2025 — Wall Street closed last week on a high note, fueled by a strong performance from mega-cap technology stocks and renewed optimism ahead of key inflation data. The Nasdaq surged nearly 4% to hit a fresh record, while the S&P 500 rose about 2.4% and the Dow Jones gained roughly 1.3%.
Leading the charge were Google, Apple, and Tesla — all entering technical “buy zones.” Apple posted its strongest weekly gain in five years, buoyed by robust sales forecasts, while Tesla’s rally was driven by excitement over advancements in self-driving technology. Google’s performance earned it recognition among analysts as a top market mover of the week.
Exchange-traded funds also saw notable action. The SPDR S&P Metals & Mining ETF jumped nearly 9.5%, reflecting renewed interest in the commodities sector. The ARK Innovation ETF rose 5%, though its genomics counterpart slipped slightly. Technology and software-focused ETFs posted smaller gains before pulling back toward the week’s end.
In the broader markets, 10-year Treasury yields climbed to 4.28%, signaling caution among bond traders, while crude oil prices fell sharply by about 5%, dipping below $64 per barrel.
Analysts warn that while the rally is impressive, gains remain concentrated in a handful of large-cap stocks, leaving other sectors trailing. The week ahead could test market resilience, with investors closely watching earnings reports from companies such as Cisco, CoreWeave, and Sea, alongside Tuesday’s July Consumer Price Index data. Both events could set the tone for the remainder of August’s trading.
Leave a Reply