Mixed picture was shown by the basics markers her Wall Street On Thursday (7.8.2025), with Nasdaq reinforced thanks to the technological shares, while Dow and S&P 500 were closed with losses.
Specifically, Wall Street’s Dow Jones Industrial Index fell 224.48 points, or 0.51%, closing at 43.968.64, while the S&P 500 lost 0.08% and closed at 6,340.00. Nasdaq Composite rose 0.35%, closing at 21,242.70.
The main indicators showed sharp fluctuations during the session, with Dow rising more than 300 points to its high and falls above 390 points to its low.
The shares first recovered on Thursday, following President Donald Trump’s announcement the previous day that it would impose a 100% duty on imported semiconductor chips, but not for companies that “build in the United States”. This announcement has risen 5.7% of the shares of major semiconductor companies, such as Advanced Micro Devices.
Apple rose about 3% after the iPhone manufacturer’s announcement that it intends to spend an additional $ 100 billion on US companies and suppliers over the next four years. This comes to add to Apple’s announcement in February for $ 500 billion.
“We will impose very high duties on chips and semiconductors,” Trump told the Oval Office on Wednesday. “But the good news for companies like Apple is that if you build in the United States or have been committed to constructing, no doubt, manufacturing in the United States, there will be no burden.”
The market had ignored the “mutual” duties of the Trump government, which came into force on Thursday. In addition, recent financial data, including weekly applications for unemployment benefits, have shown that the US economy may still be in good shape. This comes after the unrest that caused the market last week the lowest of the expected increase in jobs in July.
“There is a lot to assimilate at the moment on tariffs and trade, and usually when you see many complications in a macroeconomic environment that is not directly negative about the economy or profits, the market … puts it aside,” said Anthony Saglimbene, a leader of Amberr. “The market is simply focusing on what it can ignore right now, which is still a stable economic environment and strong profits.”
The impact of Trump’s duties is expected to be reflected in the autumn, according to him.