Stock Market Update Wednesday October 8, 2025
- AlgoTradeAlert
- Oct 8, 2025
- 2 min read
Stock Market Update Wednesday October 8, 2025 Equities Extend Rally; Tech and AI Leaders Push Indexes to Record Highs U.S. equities resumed their advance following a brief pullback yesterday, with the S&P 500 (SPX) and Nasdaq 100 (QQQ) setting new all-time highs. Technology and AI-linked mega caps led the charge, with Nvidia (NVDA), Amazon (AMZN), and Broadcom (AVGO) posting outsized gains. Advanced Micro Devices (AMD) extended its momentum amid heightened capital spending in artificial intelligence infrastructure.
The S&P 500 rose 0.6%, the Nasdaq 100 gained 1.2%, and the Russell 2000 (IWM) advanced 1%, signaling broad participation across market caps.
Away From Stocks: Treasury yields fluctuated, initially lifting stocks but then rising slightly after FOMC minutes; 10-year yield stabilized around 4.13%. Gold surged 1.5% to a record above $4,050/oz. Dollar Index increased to 98.86, VIX decreased to 16.30. Bitcoin fell to around $123,000 from $126,000. Silver surpassed $49/oz (multi-decade high), copper remained above $5/lb.
The US Dollar (DXY) has surged this week, reaching a two-month high and breaking a five-month downtrend. This strengthening dollar warrants close monitoring of emerging markets and commodities.
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