Its S&P 500 fell Wall Street On Friday (15.8.2025) after the high price record he recorded, as investors made profits after a strong week.
Specifically, the wide indicator of Wall Street closed 0.29% to 6,449.80 and the Nasdaq Composite fell 0.40% and closed the day to 21,622.98.
Dow Jones Industrial Average overturned, with a rise of 34.86 points, or 0.08%, and closed at 44.946.12, thanks to 12% of Unitedhealth. However, it was far from the historical high he had noted earlier on the same day.
The decline in the shares of microchip production companies and the negative data on the consumer confidence has hit the market on Friday. Applied Materials fell 14%, driving Vaneck Semiconductor ETF (SMH) to a 2%drop. Nvidia lost almost 1%.
Meanwhile, the Consumer Confidence Index of the University of Michigan fell to 58.6 in August from 61.7 last month, due to inflation concerns.
However, the main indicators remained on a steady basis for the week. Dow overturned, rising 1.74%. The S&P 500 and Nasdaq rose 0.94% and 0.81% respectively since the beginning of the week, thanks to new data on consumer prices that have enhanced hopes of reducing the federal bank’s interest rates next month.
“The explosion of artificial intelligence and the required reductions in the Fed interest rates support the market, so we do not believe we will have a marketable retreat to S&P, despite August and September’s terrible seasonality,” said Jay Hatfield, CEO of Infrastruct Capital. “In fact, we continue to go up.”
July retail sales figures, published Friday morning, also showed another healthy picture of US consumers. Retail sales increased by 0.5% last month, meeting Dow Jones’ expectations. Retail sales, excluding cars, increased by 0.3%, also responding to estimates.