Tech Stocks Surge Amid Fed Rate Cut Hopes and Apple's Major Investment
Published on: Aug. 9, 2025, 12:14 a.m. | Source: Devdiscourse
U.S. stocks rose on Friday, led by technology shares such as Apple, which climbed 4.6% after announcing a $100 billion U.S. investment. Optimism over potential Federal Reserve rate cuts further boosted markets. Gilead Sciences' raised financial outlook also contributed to gains, while tariff dynamics and U.S.-India relations remained focal points.
