U.S. equity markets experienced mixed trading sessions on August 7 and 8, 2025. On August 7, the S&P 500, Nasdaq, and Dow Jones all opened higher but closed lower, with the Dow Jones dropping 249.32 points, or 0.56%, to 43,943.80; the S&P 500 declining 7.56 points, or 0.12%, to 6,337.50; and the Nasdaq closing down 49.32 points, or 0.23%, at 21,218.75. The following day, August 8, saw a reversal in market sentiment amid the onset of a tariff deadline, with all three major indices advancing. The S&P 500 rose 50.01 points, or 0.79%, to close at 6,390.01, reaching an all-time high. The Nasdaq surged 201.89 points, or 0.95%, to a record close of 21,444.58, while the Dow Jones increased 201.04 points, or 0.46%, to finish at 44,169.68. These gains contributed to the market's third weekly increase in the last four weeks, with the Nasdaq notably achieving a fresh record close.