Stocks Steady, Eye More Peaks To End Winning Week

Stocks are finishing the week strong, as tariff turbulence dies down and earnings optimism powers Wall Street. The Dow Jones Industrial Average (DJI) is higher at last check, while the Nasdaq Composite (IXIC) sports a triple-digit lead and is on track for a another record close. The S&P 500 Index (SPX) also sports a midday lead and is within a chip shot of a record settlement, with weekly wins in sight for all three major indexes. Plus gold prices are making outsized moves this afternoon.

MMC Stats Aug 8


Call traders are blitzing Barrick Mining Corp (NYSE: B) stock today. At last check, 30,000 calls have changed hands, volume that's double the average intraday amount and almost 10 times the number of puts traded. The weekly 8/8 23.50-strike call is the most popular, with buy-to-open activity detected at the January 16, 2026, 20-strike call as well. The Canada-based gold stock is 1.2% higher to trade at $23.34 at last glance, enjoying tailwinds from the safe-haven asset's breakout performance. B is 51% higher this year.

Gilead Sciences Inc (Nasdaq: GILD) stock is one of the best stocks on Wall Street today, last seen up 8.5% to trade at $119.63. The drugmaker reported second-quarter earnings and revenue that topped forecasts, as raised its full-year guidance. No fewer than six brokerages hiked their price targets in response, while Truist Securities also upgraded the shares to "buy" from "hold." GILD is now 29.3% higher in 2025.  

CleanSpark Inc (Nasdaq: CLSK) stock is near the bottom of the Nasdaq today, last seen down 7.7% to trade at $9.89. Although the Bitcoin (BTC) miner reported fiscal third-quarter earnings and revenue that topped estimates, the stock has pivoted into the red midday. CLSK is up 6.8% in 2025, and has support in place at its 100-day moving average. 

(Click on image to enlarge)

MMC Stock Chart CLSK


More By This Author:

Dow Tumbles On Tariff Fatigue; Nasdaq Marks Record Close
Nasdaq Nabs Triple-Digit Win Thanks To Apple Investment
Stocks Steady As Tech Earnings Take Center Stage
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with