Stock Market Today: Wall Street Rally Stalls, Tech Slumps as Gold Hits $4,000
Key Highlights (October 7, 2025) Major Indexes Retreat from Record Highs Wall Street’s major indexes gave back ground after a multi-day rally that culminated in fresh records to start the week. On Monday (Oct 6), the S&P 500 and Nasdaq Composite each notched all-time closing highs, buoyed by excitement over big tech deals – notably AMD’s partnership with OpenAI that sent its stock soaring nearly 24% ts2.tech. But by Tuesday, the momentum faltered. The S&P 500 slipped roughly 0.4%, the Nasdaq about 0.7%, and the Dow 0.2%, based on Tuesday’s close economictimes.indiatimes.com. In point terms, the Dow shed just over 100 points while the