U.S. Stock Market Recap – May 8, 2025: Nasdaq Climbs as Bitcoin Breaks $100K, Trade Optimism Grows

Market Overview On May 8, 2025, U.S. equities closed higher, buoyed by a historic rally in Bitcoin surpassing $100,000 and renewed optimism over U.S.-UK trade relations.

The Nasdaq led the gains, driven by strength in tech and crypto-related stocks. Major Indexes: S&P 500: 5,694.47 (+63.19, +1.12%) Dow Jones Industrial Average: 41,368.57 (+254.60, +0.62%) Nasdaq Composite: 17,928.14 (+195.97, +1.11%) --- Key Market Drivers 1.

Bitcoin Surpasses $100,000 Bitcoin surged past the $100K mark for th...