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US stocks rise with Dow’s fourth month gain
U.S. stocks rose at the end of July, with the Dow Jones Index logging its fourth monthly gain, despite Treasury yields reaching their highest levels since 2007. The 30-year bond yield reached approximately 5.26%, while the 10-year bond yield exceeded 4.7%. The market's performance was driven by strong financial results from major companies, such as Amazon, which rose by 15% after surpassing earnings expectations, as well as gains in cloud computing and technology stocks. However, the market experienced significant volatility, with the Dow Jones fluctuating throughout the week. Despite this, the main indices remain on track to achieve monthly gains, with ongoing economic and political tensions expected to continue impacting market performance.
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