The Drop Market Analysis, 08/06/25
- Alexangel Ventura
- Aug 6
- 1 min read
Markets closed higher today as investor sentiment improved following a series of positive earnings reports and a rally in major technology stocks.
The Dow Jones composite index rose nearly 0.2%, while the S&P 500 composite climbed more than 0.7%. The tech-heavy Nasdaq jumped about 1.2%, led by a more than 5% surge in Apple shares.
Apple stock rose Wednesday after CEO Tim Cook announced he will join President Trump at the White House to unveil a new $100 billion investment in domestic manufacturing. This builds on Apple’s previous commitment to invest $500 billion in the U.S. over the next four years, part of a strategy to avoid steep tariffs on its products.
Meanwhile, the White House confirmed Apple will dodge the bulk of new U.S. tariffs on imports from India, where most iPhones are assembled. Trump imposed an additional 25% tariff on India due to its purchase of Russian oil, bringing the total to 50% on select goods starting later this month.
Earnings season continued Wednesday, with Disney stealing the spotlight. The company beat Wall Street estimates on strong parks and streaming numbers, but shares fell amid a steep decline in its linear television business. Disney also announced a deal to acquire media assets from the NFL, further entwining itself with the league.
On the downside, AMD shares slipped after a mixed earnings report Tuesday. Server manufacturer SMCI and SNAP also saw their shares tumble following disappointing quarterly results.
