News

In July, the S&P rose approximately 2.8%, the Dow Jones rose approximately 0.6%, the Nasdaq rose approximately 4.1%, the semiconductor index rose approximately 0.9%, the biotechnology index rose 5.4%, the banking index rose 3%, the index of the seven tech giants rose approximately 6.5%, the "Trump Tariff Losers Index" rose 5.2%, and the retail investor meme stock index rose 9.5%. On Thursday, the S&P 500 index initially closed down 0.4%, with the healthcare sector down 2.9%, the real estate sector down 1.7%, and materials, financials, energy, consumer discretionary, and technology sectors down by up to about 1%. The telecommunications sector rose 2%. The Nasdaq 100 index initially closed down 0.6%, with constituent stock Arm Holdings down 13.4%, Deka Medical down 9.5%, Qualcomm down 7.8%, GlobalFoundries down 5.2%, Tesla down 3.1%, while Pinduoduo ADR rose 0.4%, Amazon rose 1.7%, MSTR rose 1.8%, Microsoft rose 4.1%, AppLovin rose 7.6%, and Meta rose 11.2%