US & EU Markets: Amazon Earnings Rally Caps Volatile July on Bullish Note (July 31, 2026)

Key Takeaways (July 31, 2026)

  • Wall Street Caps Wild July with Gains: The S&P 500 rose 0.70% to 7,489.72, the Nasdaq gained 1.00% to 25,373.85, and the Dow Jones added 276.97 points (+0.53%) to 52,485.03, concluding a high-volatility month on a bullish note.
  • Amazon Earnings Rally: Amazon shares jumped over 6% following strong cloud and e-commerce profits, lifting consumer discretionary and technology sectors. Apple dipped slightly on conservative revenue guidance.
  • European Equities Rise: Germany’s DAX 40 gained 0.70% to 25,980.60 and the UK’s FTSE 100 added 0.60% to 10,962.65, supported by steady Eurozone Flash CPI inflation (2.4%) and positive Q2 GDP data.
  • Volatility Settles to 15.99: The Cboe Volatility Index (VIX) plummeted to 15.99 points as global market panic subsided, while U.S. 10-year Treasury yields settled near 4.74% and WTI crude oil closed at $84.67/bbl.

U.S. and European stock markets closed higher on Friday, July 31, 2026, putting a bullish cap on one of the most volatile trading months of the year. Strong quarterly earnings from Amazon and solid Asian market recoveries propelled tech and consumer benchmarks upward, while European bourses logged steady gains following encouraging economic growth and inflation data.

Major U.S. & European Market Indices Summary

Below is the summary of major stock market performances across U.S. and European indices on July 31, 2026:

Index Closing Value Change (Pts) Change (%) Status / Timestamp
Dow Jones Industrial Average 52,485.03 +276.97 +0.53% Closed (16:00 ET)
S&P 500 7,489.72 +52.09 +0.70% Closed (16:00 ET)
Nasdaq Composite 25,373.85 +251.67 +1.00% Closed (16:00 ET)
STOXX Europe 600 653.20 +3.24 +0.50% Closed (17:30 CET)
DAX 40 (Germany) 25,980.60 +180.60 +0.70% Closed (17:30 CET)
FTSE 100 (UK) 10,962.65 +65.38 +0.60% Closed (16:30 BST)

U.S. Market Analysis: Amazon Earnings Spark Rally to End Turbulent July

Wall Street closed July on a confident note. The Nasdaq Composite rose 1.00% (+251.67 points) to 25,373.85, spearheaded by a 6.2% surge in Amazon following blowout AWS cloud operating profits. The S&P 500 added 0.70% to finish at 7,489.72, while the Dow Jones Industrial Average rose 276.97 points (+0.53%) to 52,485.03.

Though Apple dipped modestly following conservative hardware revenue guidance, broader market breadth remained strong. Overseas short-covering — anchored by Asia’s historic 17.91% KOSPI rebound — reassured global investors that technology capital expenditures remain robust.

European Market Analysis: Steady Eurozone Inflation & GDP Growth Support Bourses

European markets recorded gains across major bourses. The pan-European STOXX Europe 600 rose 0.50% to 653.20, while Germany’s DAX 40 gained 0.70% to 25,980.60, and the UK’s FTSE 100 climbed 0.60% to 10,962.65.

Eurostat data released Friday showed Flash Eurozone CPI Inflation holding at 2.4% year-over-year, while Q2 Eurozone Gross Domestic Product (GDP) expanded 0.3% quarter-over-quarter. Banking and industrial shares led European bourses higher.

Cross-Asset Snapshot: Volatility Drops as Dollar Eases

Financial indicators reflected normalizing risk appetite at month-end:

  • Volatility Index: The Cboe Volatility Index (VIX) plummeted to 15.99 points, down significantly from mid-week panic spikes above 20.
  • Sovereign Yields: U.S. 10-year Treasury yields closed near 4.74%, while 2-year yields settled at 4.28%.
  • Foreign Exchange & Commodities: The Dollar Index (DXY) slipped 0.4% to 99.80. EUR/USD rose to 1.1510, and WTI Crude oil closed at $84.67 per barrel amid ongoing Middle East geopolitics.

Key Investor Checkpoints Ahead

Investors enter August focused on major labor market and inflation indicators:

Track Global Economic Calendar & Market Data Real-Time

Stay informed on central bank decisions, economic indicators, and market updates on ECONPLEX.

Explore ECONPLEX Economic Calendar →

Leave a Comment