Dow adds 300 points, major averages are on track for their best month this year

Posted on AllSides July 29th, 2022
From The Center

Stocks rose Friday on the back of strong earnings from Big Tech names Apple and Amazon to cap off its biggest monthly gain in nearly two years.

The Dow Jones Industrial Average advanced 306 points, or 0.9%. The S&P 500 climbed 1.2%, and the Nasdaq Composite added 1.8%.

Wall Street headed for strong weekly gains. The Dow is now up 2.6% for the week, while the S&P 500 and the Nasdaq Composite are up about 4% each.

The major averages were also on pace for their best month of the...

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