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Stock Market 15 March 2025 - 9 June 2025
U.S. stock markets were closed Friday for Juneteenth, with trading set to resume Monday. The S&P 500 gained 0.93% last week, the Nasdaq rose 2.43%, and the Dow was up 0.71%. Tech stocks led gains, with Apple finishing just under $300 and investors debating whether higher device prices can sustain margins. Nvidia closed at $210.69, up 2.95%, and chip stocks broadly supported the Nasdaq’s rise. Intel shares jumped 10.64% to $133.99 after President Trump said Apple agreed to work with Intel on U.S. chip design and manufacturing, though details were unconfirmed. Marvell rose 7.27% to $310.58 and will join the S&P 500, while Coeur will enter the S&P MidCap 400, attracting index-fund attention. Grab shares ended at $3.57, up 3.48% and outperforming the Nasdaq for the week. Keel’s Nasdaq shares rose 5.36% to $6.29, and its Toronto shares jumped 12.33%. Ford closed at $14.06, up 0.72% Thursday but down 5.3% for the week. AT&T traded near its 52-week low at $22.01, facing regulatory risk from California’s pushback on its copper-wire shutdown. Pfizer shares fell after CFO Dave Denton announced his August departure, but the company maintained its 2026 forecast. American Airlines rose 3.7% to $15.99, up 6.7% for the week, helped by lower fuel prices. Netflix ended at $77.38, declining during the week amid streaming deal rumors and its denial of talks with Lionsgate. Chubb traded at $323.40, with a market cap near $125.4 billion, slipping modestly last week. Medallia will move from Thoma Bravo to lenders led by Blackstone, Apollo, and FS KKR Capital, erasing Thoma Bravo’s $5 billion equity stake. Nokia’s Helsinki shares fell 2.12% to €11.79, down 9% for the week, with its next financial report due July 18. Social Security’s last June payments go out June 24, with two SSI payments in July and none in August. Congressional filings showed significant holdings in major tech companies, and Trump’s accounts disclosed large transactions in Nvidia, Apple, and S&P 500 funds. Denny’s will launch a new menu on June 24, offering flexible, under-$10 meal deals. Micron’s earnings and May PCE inflation data are upcoming catalysts.