{"id":70895,"date":"2025-08-15T18:59:08","date_gmt":"2025-08-15T18:59:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/70895\/"},"modified":"2025-08-15T18:59:08","modified_gmt":"2025-08-15T18:59:08","slug":"stock-market-today-live-updates-17","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/70895\/","title":{"rendered":"Stock market today: Live updates"},"content":{"rendered":"

Traders work on the floor of the New York Stock Exchange in New York on August 15, 2025. <\/p>\n

Timothy A. Clary | AFP | Getty Images<\/p>\n

The S&P 500<\/a> slipped on Friday after hitting a record high, as investors took some gains off the table after a strong week.<\/p>\n

The broad market index was last down about 0.2%. The Nasdaq Composite<\/a> shed 0.4%. The Dow Jones Industrial Average<\/a> outperformed, rising 101 points, or 0.2%, thanks to a 14% jump in UnitedHealth<\/a>. However, it was well off its all-time high reached earlier in the day.<\/p>\n

A decline in chip stocks and weak consumer sentiment data hurt in the market Friday. Applied Materials<\/a> fell 14% to lead the VanEck Semiconductor ETF (SMH)<\/a> down by 2%. Nvidia<\/a> also lost 2%.<\/p>\n

Meanwhile, the University of Michigan’s consumer sentiment index fell to 58.6 in August<\/a> from 61.7 last month due to worries over inflation.<\/p>\n

The major averages remained on solid footing for the week, however. The Dow outperformed, up 2%. The S&P 500 and Nasdaq gained 1% week to date, thanks to new consumer inflation data that raised hopes for a Federal Reserve rate cut next month.<\/p>\n

“The AI boom and the required Fed rate cuts are supporting the market, so we don’t think we’ll have a tradable pullback in the S&P, despite the horrible seasonality of August and September,” said Jay Hatfield, CEO and CIO at Infrastructure Capital Advisors. “We’re actually kind of grinding higher still.”<\/p>\n

July’s retail sales data, released on Friday morning, also painted a still-healthy picture for the U.S. consumer. Retail sales rose 0.5% last month, meeting expectations from the Dow Jones consensus. Retail sales excluding automobiles gained 0.3%, also matching estimates.<\/p>\n","protected":false},"excerpt":{"rendered":"Traders work on the floor of the New York Stock Exchange in New York on August 15, 2025.…\n","protected":false},"author":2,"featured_media":70858,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[55727,64,63,54728,1053,99,174,1068,1062,18548,171,1066,1061,5063,13099,1067,1063,1054,1055,28380,55728],"class_list":["post-70895","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-applied-materials-inc","tag-au","tag-australia","tag-berkshire-hathaway-inc","tag-breaking-news-markets","tag-business","tag-business-news","tag-dow-jones-fut-mar23","tag-dow-jones-industrial-average","tag-intel-corp","tag-markets","tag-nasdaq-100-fut-mar23","tag-nasdaq-composite","tag-nvidia-corp","tag-russell-2000-index","tag-sp-500-fut-mar23","tag-sp-500-index","tag-stock-markets","tag-united-states","tag-unitedhealth-group-inc","tag-vaneck-semiconductor-etf"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/70895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=70895"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/70895\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/70858"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=70895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=70895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=70895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}