A look back on markets in July when the US dollar declined and tech stocks posted strong quarterly earnings. : A look back on markets in July when the US dollar declined and tech stocks posted strong quarterly earnings. Please note any past performance mentioned is not a guide to future performance and may not be repeated. The sectors, securities, regions and countries shown are for illustrative purposes only and are not to be considered a recommendation to buy or sell. US equities gained in July despite some unnerving economic data releases.