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Daily Wrap-Up: Grinding Higher | Aug 8, 2025

By March 28th, 2026General Articles2 min read

Friday’s S&P 500 index futures wrapped near the highs as the heavy earnings week came to a close, with clear winners and losers rather than a broad rally.

Overnight, bulls held the index in the green, dipping only to 6369.25 to set the day’s bullish tone. Off the opening bell, buyers surged past the premarket high into the 6400s, but between profit-takers and bears, several small selloffs were triggered. Support first held at the premarket high, then firmed near the 6400 level, paving the way for a positive finish.

Last-minute buyers sealed the deal above 6400, closing in the upper half of the range at 6413.50, up 47 handles. After-hours buying stretched the high to 6425.75, forming a double-top with Thursday’s peak. For the week, that marks a healthy 149-handle gain (2.38%). 

Next week brings July’s CPI data on Tuesday, PPI on Thursday, and a light earnings slate throughout the week.

Among the top components, Apple Inc (NASDAQ: AAPL) led for the second day, soaring $9.32, or 4.24%, to close at $229.35, taking the biggest winner title.

That outpaced the cash index’s 0.78% rise by a fabulous five times.

On the other hand, Eli Lilly And Co (NYSE: LLY) tanked again as the biggest loser, sliding $15.21, or 2.37%, to close $625.65, hitting new 52-week lows in the process.