United States
The S&P 500 closed at $7,785.76, gaining 0.42% on the week. The Nasdaq advanced 0.47% to $26,729.16, while the Dow Jones fell 0.45% to $53,732.41. The Russell 2000 outperformed large-cap indices with a 1.69% rise to $3,068.42, signalling renewed appetite for smaller equities. Week trading ranged $7,717.25–$7,816.70 for the S&P 500.
Semiconductor stocks dominated movers. Advanced Micro Devices (AMD) surged 9.55% to $514.39, marking the week's strongest performer. Nvidia (NVDA) gained 3.50% to $225.16 after disclosing a $21 billion stake in SpaceX at the close of the second quarter. Broadcom (AVGO) declined 6.96% to $392.99, reversing course from earlier strength in the sector. Tesla (TSLA) rose 3.44% to $342.27.
Amazon (AMZN) fell 5.55% to $262.65. Berkshire Hathaway (BRK) elevated Alphabet (GOOGL) to a top three holding, boosted positions in Delta Air Lines (DAL), and expanded its housing market bet on the same day. Goldman Sachs (GS) reported growth in its latest cash generation stream tied to funding the artificial intelligence infrastructure expansion.
Italy
The FTSE MIB closed at €53,584.00, down 0.15% on the week within a range of €53,517.00–€53,978.00. Stellantis (STLAM.MI) retreated 5.15% to €4.63, the week's worst performer among Italian blue chips. Moncler (MONC.MI) declined 3.90% to €49.07, while Enel (ENEL.MI) fell 2.50% to €9.69. Leonardo (LDO.MI) was the sole gainer, rising 1.35% to €59.30.
Week ahead
The coming week will focus on earnings releases and economic data across both markets. US inflation and employment reports remain on investors' radars.