The Dow Jones Industrial Average posted its fourth consecutive monthly gain in July, while the Nasdaq and S&P 500 saw slight declines on the final trading day of the month.
Amazon shares surged following strong quarterly earnings, whereas Apple stock fell by 3% after missing revenue targets, contributing to a divergence in major tech sector performance.
Bond yields hit multi-year highs on July 31, reflecting investor uncertainty regarding future Federal Reserve interest rate decisions amidst persistent inflationary pressures.