"Wall Street Rises as US Soft Landing Hopes Boost Market"

The major U.S. indexes closed the week with gains as investor confidence in a soft landing for the U.S. economy was boosted by positive Big Tech earnings, economic data, and central bank announcements. U.S. annual inflation slowed in June, potentially leading the Federal Reserve to end its interest rate hiking cycle. The Dow Jones Industrial Average rose 0.5%, the S&P 500 gained 0.99%, and the Nasdaq Composite added 1.9%. More than half of the S&P 500 companies have reported Q2 earnings, with 78.7% surpassing analyst expectations. The stock market saw inflows of $10 billion to U.S.-listed stocks.