July Ends on High Note Despite Inflation Fears

US stocks ended July on a positive note despite concerns about inflation and rising oil prices.

The S&P 500 climbed 0.7% after experiencing volatility throughout the day, while the Dow Jones Industrial Average added 276 points or 0.5%, and the Nasdaq composite rallied 1% after initially losing its early 1.3% gain.

Amazon saw significant gains, but Apple's stock sank as the tech sector struggled to find consistency amidst the broader market's mixed performance.