Wall Street Recovers, Apple Rallies 6% On $100-Billion Gov Manufacturing Investment: What's Moving Markets Wednesday?

Author: Piero Cingari | August 06, 2025 12:43pm

U.S. stocks rebounded sharply on Wednesday, fully erasing last Friday's losses, as upbeat corporate earnings and renewed investor optimism outweighed concerns over escalating trade tensions.

• AAPL is moving fast. Check live prices here.

Apple Inc. (NASDAQ:AAPL) led the charge among mega-cap names, jumping nearly 6% after the White House unveiled a new $100 billion manufacturing investment plan aimed at boosting domestic production.

The move is seen by investors as a possible signal toward a more favorable tariff environment for Apple, even as President Donald Trump imposed an additional 25% tariff on Indian imports in response to the country's continued purchases of Russian oil. This brings the overall tariff rate on Indian goods to 50%.

With no significant economic data released during the session, market focus remained firmly on corporate earnings and forward guidance.

The S&P 500 rose 0.8% to 6,345, reclaiming levels from before last week's disappointing July jobs report.

The Nasdaq 100 outperformed, climbing 1.2%, while the Dow Jones Industrial Average lagged slightly, gaining 0.3%.

Small caps took a breather, falling 0.4% after two positive closes.

Crude oil saw choppy action, briefly falling to $64.60 per barrel before rebounding on news that the U.S. will implement fresh sanctions on Russia this Friday. Gold and silver were little changed at $3,376 and $37.80 per ounce, respectively.

Bitcoin (CRYPTO: BTC) rose 0.8%, trading above $115,000.

Wednesday’s Performance In Major US Indices, ETF

Major Indices	Price	%Chg
Nasdaq 100	23,291.27	1.2%
S&P 500	6,346.51	0.8%
Dow Jones	44,237.90	0.3%
Russell 2000	2,217.57	-0.4%

According to Benzinga Pro data:

• The Vanguard S&P 500 ETF (NYSE:VOO) rose 0.8% to $581.25.
• The SPDR Dow Jones Industrial Average (NYSE:DIA) inched 0.2% higher to $442.13.
• The tech-heavy Invesco QQQ Trust Series (NASDAQ:QQQ) rallied 1.1% to $566.13.
• The iShares Russell 2000 ETF (NYSE:IWM) eased 0.2% to $220.32.
• The Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY) outperformed, up 1.6%; the Health Care Select Sector SPDR Fund (NYSE:XLV) lagged, down 1.2%

Wednesday’s Stock Movers

Stocks moving on earnings reports included:

• Advanced Micro Devices, Inc. (NASDAQ:AMD) down 6.7%
• McDonald’s Corporation (NYSE:MCD) up 2.9%
• The Walt Disney Company (NYSE:DIS) down 3.1%
• Shopify Inc. (NYSE:SHOP) up 19.6%
• Uber Technologies, Inc. (NYSE:UBER) down 1.2%
• Arista Networks, Inc. (NYSE:ANET) up 17.9%
• Amgen Inc. (NASDAQ:AMGN) down 5.2%
• Brookfield Asset Management Ltd. (NYSE:BAM) up 1.2%
• Thomson Reuters Corporation (NYSE:TRI) down 8.5%
• Emerson Electric Co. (NYSE:EMR) down 7.5%
• Cencora, Inc. (NYSE:COR) down 2.1%
• Aflac Incorporated (NYSE:AFL) up 2.9%
• Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) down 7.8%
• Rockwell Automation, Inc. (NYSE:ROK) down 6.5%
• Astera Labs, Inc. (NASDAQ:ALAB) up 28.6%
• NRG Energy, Inc. (NYSE:NRG) down 13.8%
• Devon Energy Corporation (NYSE:DVN) up 1.9%
• Super Micro Computer, Inc. (NASDAQ:SMCI) down 21.0%
• NiSource Inc. (NYSE:NI) down 1.3%
• Trimble Inc. (NASDAQ:TRMB) up 0.5%
• News Corporation (NASDAQ:NWSA) down 0.2%
• Jones Lang LaSalle Incorporated (NYSE:JLL) up 0.1%
• Snap Inc. (NYSE:SNAP) down 17.9%

Stocks slated to report earnings after the close include American International Group Inc. (NYSE:AIG), APA Corporation (NASDAQ:APA), CF Industries Holdings, Inc. (NYSE:CF), McKesson Corporation (NYSE:MCK), MetLife, Inc. (NYSE:MET), Occidental Petroleum Corporation (NYSE:OXY), and Zillow Group, Inc. (NASDAQ:Z).

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