Market Wrap | U.S. Stocks Surge as Tech and Consumer Goods Lead Market Rally

On August 6, 2025, U.S. stock indices closed higher, with the S&P 500 rising 0.73%, the Dow Jones Industrial Average gaining 0.18%, and the Nasdaq Composite surging 1.21%. Investors are evaluating recent economic data as U.S. Treasury yields slightly rebound from a three-month low. The 10-year yield rose about 1 basis point to 4.20%, while the 2-year yield increased over 4 basis points to 3.72%. The yield curve is flattening as the spread between the 2-year and 10-year yields narrows. This news is likely viewed positively in light of the overall rise in the U.S. stock indices, suggesting that investors may have perceived the economic data as supportive of equity markets.

In today's market, the technology and consumer goods sectors outperformed the S&P 500, with the consumer goods sector showing particularly strong performance. Conversely, the utilities, healthcare, energy, materials, and real estate sectors moved in the opposite direction of the S&P 500.

Today, several major U.S. stocks saw significant gains. Palantir Technologies Inc. rose 3.62% as strong AI demand and U.S. defense spending continue to drive growth. Apple Inc. surged 5.09% following the announcement of a $100 billion U.S. investment plan, boosting confidence in its long-term growth strategy. Walmart Inc. rose 4.08%, breaking above key resistance and suggesting more upside potential. Tesla Inc. increased 3.62% after testing an upgraded version of its Full Self-Driving model with significant improvements. Amazon.com Inc. rose 4.00%, with Wall Street analysts implying significant upside potential with a median target price of $262 per share. Alibaba Group Holding Ltd. rose 3.26% after introducing a comprehensive membership system on its Taobao platform.

Safe & Green Holdings surged nearly 90% today, driven by its strategic acquisition of Rock Springs Energy Group, marking a significant entry into the oil refining sector. BiomX also saw a substantial rise of nearly 50%, boosted by Morgan Stanley's significant investment in the company's stock. Meanwhile, Fractyl Health dropped over 45%, following the announcement of a proposed public stock offering that raised concerns about potential share dilution. LifeMD also experienced a significant decline of nearly 45%, attributed to elevated customer acquisition costs in its second-quarter earnings report.

Apple announced plans to recruit 20,000 employees in the U.S. as part of a $600 billion investment expansion over four years, including the establishment of new data centers nationwide. The company's "Made in America" initiative is accelerating production with suppliers like Corning and Texas Instruments, significantly increasing jobs in Kentucky. On another front, Tesla is developing a new Full Self-Driving model, potentially ready for public release by next month. Meanwhile, investors are evaluating recent economic data as U.S. Treasury yields slightly rebound, with the 10-year yield rising about 1 basis point to 4.20% after hitting a three-month low.