The stock market showed strong bullish momentum as the S&P 500, Nasdaq 100, and Dow Jones 30 closed higher for the fifth consecutive day, supported by continued recovery in technology stocks.
Nvidia gained 2.5%, while Tesla continued its ascent with a 3.7% increase.
The market awaits the upcoming quarterly earnings season starting later this month, with uncertainties around key economic data releases and the Federal Open Market Committee's interest rate decision on July 31.
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