Japan Financial Markets

Wall Street’s wild July is ending with more swings as Amazon’s stock leaps, Apple sinks and rising oil prices worsen worries about inflation already squeezing the bond market. The S&P 500 rose 0.7% Friday after veering between gains and losses through the day. The Dow Jones Industrial Average added 324 points, and the Nasdaq composite climbed 0.9%. Amazon soared after delivering stronger profits for the spring than analysts expected, suggesting its big AI investments may be paying off, while Apple dropped after giving a lackluster forecast for upcoming revenue. Treasury yields jumped again as worries build about inflation remaining high.