Hao Ng
Australia
2025 YTD Portfolio Performance: My portfolio: 11.75% S&P500: 8.88% Weekly Performance Summary In the week ending August 8, 2025, the S&P 500 rose about 2.4%, marking its best week since late June, while the Nasdaq Composite surged around 3.9% to reach new record highs. The Dow Jones added approximately 1.3%. Friday alone saw the S&P 500 gain 0.8%, closing just shy of its all-time high. Heavyweight tech stocks—including Apple, Nvidia, and Gilead Sciences—played a pivotal role, boosting market sentiment with standout earnings and driving broader gains. New tariffs from the Trump administration loomed large, but markets largely shrugged them off. Instead, optimism emerged over possible trade exemptions, particularly benefiting firms like Apple. The surprise appointment of Stephen Miran to the Fed—seen as dovish—boosted hopes for rate cuts. Markets now anticipate a possible September cut, with probabilities rising into the 90% range for even more easing this year. Despite the rally, lingering worries include inflation, slowing job growth, and signs of economic caution. The ISM service-sector price index reached levels not seen since 2022, stoking stagflation concerns. This week’s strong performance reflects a confluence of robust mega-cap earnings, easing monetary outlook, and market tolerance of geopolitical uncertainty. However, inflation, employment data, and trade policy remain critical watch-points. Investors will be keenly focused on upcoming July inflation figures and retail sales data, which will further shape both Fed expectations and equity trends. That is all I could summarise about what happened in the stock market last week. Good luck! $VOOV (Vanguard S&P 500 Value ETF)
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VOOV
Vanguard S&P 500 Value ETF
202.11
-0.42 (-0.21%)
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