Markets Surge as Tech Soars, Gold Shines & Tariffs Shake Global Business (Aug 8–9, 2025)
Nasdaq Composite reached a record high for the second consecutive day on Friday, August 8, 2025, led by Apple and other tech shares. The S&P 500 rose 0.8% and the Dow Jones rose 0.5% on Friday, August 8, 2025, with Nasdaq up 3.9% for the week. The pan-European STOXX 600 climbed 0.2% on Friday and was up 2% for the week, with banking stocks leading the advance. <liZurich’s SMI index rose as U.S. tariffs on Swiss goods took effect at 15%. Japan’s Nikkei index jumped 1.85% on Friday, while broad Asia-Pacific shares ex-Japan fell about 0.6%. Gold futures surged to