US stocks rise as investors look to close out strong month of gains

Mon, 07/31/2023 - 09:36

smiling stock exchange trader happy — A trader works on the floor of the New York Stock Exchange during the afternoon of December 4, 2015 in New York City.
Andrew Burton/Getty Images

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% 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%, while the Nasdaq Composite climbed 3.8%. The Dow Jones Industrial Average, which enjoyed a 13-day winning streak this month, gained 3.1%.