Story perspectives
Nasdaq Soars; Gold Hits Record as Tariffs Shift
8/9/2025
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Story summary
- On August 8, U.S. stocks rose, with the Nasdaq hitting a record high driven by positive earnings and tariff developments.
- Gold prices soared to an all-time high following a new 39% tariff on gold bar imports.
- President Trump is contemplating new Federal Reserve leadership, nominating a Bitcoin advocate.
- Strong earnings were reported by major firms like Apple and AMC Networks, while Under Armour and Sweetgreen experienced declines.
