U.S. stocks opened higher, with the three major indices rising: the Dow up 0.5%, the S&P 500 up 0.5%, and the Nasdaq up 0.8%. Apple (AAPL.O) fell 8% after issuing Q4 revenue guidance below expectations. Amazon (AMZN.O) rose over 11% as its Q2 cloud business growth hit a four-year high. The storage sector continued its rebound, with SK Hynix (SKHY.O) up about 7% and SanDisk (SNDK.O) up about 9%.
U.S. major indices open higher; Amazon surges 11%
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Summary
U.S. major indices opened higher on July 31, 2026, with the Dow up 0.5%, the S&P 500 up 0.5%, and the Nasdaq up 0.8%. Amazon (AMZN.O) surged over 11% as its Q2 cloud business growth reached a four-year high. Altcoins to watch may gain traction amid rising open interest. Apple (AAPL.O) fell 8% due to a Q4 revenue forecast below expectations. The storage sector continued its rebound, with SK Hynix (SKHY.O) rising about 7% and SanDisk (SNDK.O) rising about 9%.
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