US Markets Close: Stocks End July Higher as Amazon Surge Battles Bond Yield Spike

Wall Street closed out a volatile July with gains Friday, as a massive Amazon earnings beat powered the Nasdaq up 1.0%, while surging Treasury yields capped the broader market's advance. The S&P 500 climbed 0.7% to 7,489, the Dow Jones Industrial Average added 0.5% to 52,485, and the Nasdaq Composite rose 1.0% to 25,373.

The rally snapped a three-week losing streak for the S&P 500, but the benchmark index still finished the month with a slight...