Nasdaq 100, S&P 500 Hit New All-Time Highs, Airlines Jump: What's Moving Markets Tuesday?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 12 2025
0mins
Source: Benzinga
Market Performance: Wall Street experienced a rally following July's inflation data, with the S&P 500 and Nasdaq 100 reaching record highs. The JETS ETF surged due to a spike in airline fares, while investors anticipate interest rate cuts from the Federal Reserve.
Political Developments: President Trump exerted pressure on Fed Chair Jerome Powell regarding renovation expenses and defended tariffs, while appointing E.J. Antoni as the new Commissioner of the Bureau of Labor Statistics, who may change the frequency of job report publications.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
