- US stocks traded higher early Monday as investors look to wrap up a strong month of gains.
- All three indices rose by at least 3{1652eb1ffa4184925f6a63a9c04ea6b421acb7a78117241e7d4325cdca8339fa} in July, amid cooling inflation and a strong earnings season.
- On Thursday, Apple and Amazon will publish their earnings reports.
US equities rose on Monday morning as investors looked to finish off a month of ample gains, driven by strong earnings and cooling inflation.
So far in July, the S&P 500 rose 3{1652eb1ffa4184925f6a63a9c04ea6b421acb7a78117241e7d4325cdca8339fa}, while the Nasdaq Composite climbed 3.8{1652eb1ffa4184925f6a63a9c04ea6b421acb7a78117241e7d4325cdca8339fa}. The Dow Jones Industrial Average, which enjoyed a 13-day winning streak this month, gained 3.1{1652eb1ffa4184925f6a63a9c04ea6b421acb7a78117241e7d4325cdca8339fa}.
More earnings are coming this week, with tech giants Apple and Amazon set to publish results on Thursday.
Meanwhile, as Wall Street starts to gain more confidence in a soft landing for the economy, the Labor Department will release monthly payroll data on Friday.
Here’s where US indexes stood shortly at the 9:30 a.m. ET opening bell on Monday:
Here’s what else is happening this morning:
In commodities, bonds and crypto: