US Stocks Rebound on Choppy Trading

2026-07-31 16:42 By Andre Joaquim 1 min. read

US equities rebounded on a choppy Friday amid more volatility for the AI infrastructure sector as markets considered the impact of higher long-term rates.

The S&P 500, Dow, and Nasdaq 100 were around 0.4% up.

Amazon surged 15% after beating expectations on its cloud-computing arm.

Software and hyperscalers were also higher on reconsidered sentiment in the AI trade, with Alphabet gaining 6% while Microsoft and Meta rose nearly 3%.

On the other hand, Apple tanked 10% as the shortage for chips raised costs and lowered production in the June quarter, denting earnings.

Meanwhile, broader sectors also softened with Netflix and Eli Lilly losing 3% each.

The 30-year Treasury yield surged further to 19-year highs on concerns that Kevin Warsh's FOMC could refrain from raising rates to fight inflation.

Also, ExxonMobil sank 3% as limited refinery capacity prevented the oil giant form higher windfalls in oil profits last quarter.



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US Stocks Rebound on Choppy Trading
US equities rebounded on a choppy Friday amid more volatility for the AI infrastructure sector as markets considered the impact of higher long-term rates. The S&P 500, Dow, and Nasdaq 100 were around 0.4% up. Amazon surged 15% after beating expectations on its cloud-computing arm. Software and hyperscalers were also higher on reconsidered sentiment in the AI trade, with Alphabet gaining 6% while Microsoft and Meta rose nearly 3%. On the other hand, Apple tanked 10% as the shortage for chips raised costs and lowered production in the June quarter, denting earnings. Meanwhile, broader sectors also softened with Netflix and Eli Lilly losing 3% each. The 30-year Treasury yield surged further to 19-year highs on concerns that Kevin Warsh's FOMC could refrain from raising rates to fight inflation. Also, ExxonMobil sank 3% as limited refinery capacity prevented the oil giant form higher windfalls in oil profits last quarter.
2026-07-31
US Stocks Reverse Course
US equities swung lower on Friday as chip producers erased their gains, while a fresh increase in long-term Treasury yields pressured broader sectors. The S&P 500, Dow, and Nasdaq 100 were around 0.4% down, with the latter having reached a 1.6% jump after the open. Apple tanked nearly 10% as the shortage for chips raised costs and dented production in the June quarter. Conversely, Amazon surged 13% after beating expectations on its cloud-computing arm. Micron, Sandisk, and Qualcomm reversed to losses of between 3% and 6%, reflecting uncertainty on volatility around AI trades. Meanwhile, broader sectors also fell with Netflix and Eli Lilly losing 3% each. The 30-year Treasury yield surged further to 19-year highs on concerns that Kevin Warsh's FOMC could refrain from raising rates to fight inflation. Also, ExxonMobil sank 3% as limited refinery capacity prevented the oil giant form higher windfalls in oil profits last quarter.
2026-07-31
The Dow Jones Index Opens 0.31% Higher
The Dow Jones Index is picking up 163 points or 0.31 percent on Friday. Gains are led by Amazon (14.01%), Alphabet (2.76%) and Caterpillar (2.75%). Biggest losers are Apple (-9.42%), Coca-Cola (-1.39%) and Visa (-1.17%).
2026-07-31