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Stocks finished higher on Wall Street Friday as investors closed out the best month for the SP 500 since November 2020. New data showed inflation jumped by the most in four decades last month, but the sentiment was buoyed by positive earnings news out of technology giants Apple and Amazon, as well as oil giants Exxon and Chevron. The technology-heavy Nasdaq ended July with the biggest gains since April 2020. Stocks have gained momentum this month, fueled by better-than-expected corporate earnings and falling bond yields, which have pulled back after soaring much of this year on expectations of higher interest rates.Stocks are adding to their recent gains in afternoon trading Friday, as Wall Street weighs a mix of company earnings reports and new data showing inflation jumped by t mizuno he most in four decades last month.The SP 500 was up 1.3% as of 2:18 p.m. Eastern, while the Nasdaq was up 1.6%. Both indexes are on pace to end July with the biggest gains since Novemb adidas originals er 2020. The salomon speedcross Do |