Equities closed higher Monday to wrap up a fifth-straight positive month for July after shrugging off a dip in health care as energy stocks racked up gains.
US equities rallied as US Core PCE, the Feds preferred inflation measure fell, sparking further optimism from investors of a “Goldilocks” soft landing
The Dow snapped a 13-day win streak Thursday as rally in Meta was offset by weakness in financials and airline stocks amid underwhelming quarterly results and resilient US GDP in the face of an aggressive bout of Federal Reserve policy tightening.
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