The S&P 500 rose 0.2% in what was is fourth-smallest intraday range of 2025, as did the Russell 2000, while the Nasdaq 100 gained 0.5%.

Your Evening Briefing

September 08, 2025

US stocks grind higher as volatility dissipates

No news was good news for US stocks on Monday.

The S&P 500 rose 0.2% in what was its fourth-smallest intraday range of 2025, as did the Russell 2000, while the Nasdaq 100 gained 0.5%.

Tech was the standout S&P 500 sector ETF, while utilities was the big loser.

Gains on the day were led by Take-Two, which rose 3.8% and hit a fresh all-time high. Declines were led by CVS, which fell 4.8% after a private investor meeting resulted in no forward guidance or details about its upcoming quality ratings from the US government. Elsewhere…

  • Shares of Robinhood and AppLovin continued to rally, jumping 15.8% and 11.6%, respectively, on news that both companies are being added to the S&P 500. (Robinhood Markets, Inc. is the parent company of Sherwood Media, an independently operated media company subject to certain legal and regulatory restrictions.)
  • Broadcom leapt 3.2%, continuing its recent rally, as the chip designer basks in a flood of price target hikes and investor interest following new orders from a major new customer (reported to be OpenAI).
  • Volkswagen drove about 4% higher after the German automaker said it is in close contact with the Trump administration and has had “good talks” about its separate tariff deal.
  • UnitedHealth rose 1.6% after the health insurance provider disclosed that it plans to reiterate its full-year earnings outlook when it meets with investors this week.
  • Hims & Hers rose 2.6% and Novo Nordisk slipped 1.7% after the US Food and Drug Administration released a “green list” of foreign GLP-1 ingredient suppliers that it considers in compliance with agency standards.
  • Wireless providers including T-Mobile, AT&T, and Verizon were all down after SpaceX purchased a pair of wireless spectrum licenses from EchoStar for roughly $17 billion. EchoStar shares soared 19.9% on the news, as it now provides backdoor access to SpaceX’s privately-held stock.

— Luke Kawa, Markets Editor & Nia Warfield, Markets Writer

Tariffs finally crept into retail's latest earnings results. 

The long-awaited levies took a toll on nearly every retailer, but execution separated who could steer through the costs.

Who were the winners and losers?

Traders resurrected the long-dead “confidence fairy,” and it's juicing consumption despite the tariffs

It’s not the stock market versus the economy. It’s that the stock market is the economy.

Read more.

TODAY’S
BIG MOVE

(Cheng Xin/Getty Images)

Retail darling Planet Labs soars on earnings pop for second straight quarter

Planet Labs, which operates a network of satellites that record data, images, and information about the Earth, surged 48% after reporting better-than-expected quarterly numbers before the open of trading Monday.

Read more.

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