Stocks Up Slightly on Prime Day Optimism Despite Macroeconomic Uncertainties
- Bitcoin has remained rangebound between $30,000 and $31,000 as traders eye Wednesday's inflation report.
- Amazon stock rises on Prime Day excitement while Microsoft announces job cuts.
- Bond yields decline as traders debate the impact of potential Fed rate hikes on inflation.
- Cathie Wood's ARK Innovation ETF rises for a third day, aided by the Nasdaq rebalancing.
- Barron's highlights discounted stocks to buy amid the Prime Day sales event.