US STOCKS SNAPSHOT-Nasdaq opens higher as Amazon surge offsets Apple decline
Reuters2026/07/31 13:32July 31 (Reuters) - The Nasdaq opened higher on Friday, boosted by Amazon's AMZN.O 12% jump after the Big Tech company joined some of its peers in delivering strong cloud revenue growth, putting to rest concerns about AI returns.
The Dow Jones Industrial Average .DJI rose 27.0 points, or 0.05%, at the open to 52,235.03. The S&P 500 .SPX rose 24.5 points, or 0.33%, at the open to 7,462.13, while the Nasdaq Composite .IXIC rose 218.5 points, or 0.87%, to 25,340.711 at the opening bell.
(Reporting by Johann M Cherian in Bengaluru; Editing by Pooja Desai)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The People's Bank of China increases its gold reserves for the 22nd consecutive month
Mota-Engil signs USD 207 million Mozambique contract for Exxon-led Rovuma project
Montega reiterates Uzin Utz buy rating, sets EUR 100 price target
Alex Jones Warns XRP Holders: Government Could Seize Your XRP Holdings
Crypto prices
More
