---
title: "U.S. Stock Market: Amazon's Surge Boosts AI Concept Stocks, All Three Major Indices Rise"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294559333.md"
description: "Driven by Amazon's strong performance, which led to a 15% surge in its stock price, artificial intelligence concept stocks strengthened, and all three major U.S. stock indices rose collectively. The S&P 500 index increased by 0.7%, and the NASDAQ 100 index rose by 0.6%. Despite Apple's disappointing earnings guidance causing a significant drop of 7.4%, the overall performance of the earnings season has been optimistic, with 86% of the companies that have reported earnings exceeding expectations. Additionally, concerns about inflation have intensified, leading to a slight increase in U.S. Treasury yields, while geopolitical tensions have pushed oil prices higher"
datetime: "2026-07-31T21:43:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294559333.md)
  - [en](https://longbridge.com/en/news/294559333.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294559333.md)
---

# U.S. Stock Market: Amazon's Surge Boosts AI Concept Stocks, All Three Major Indices Rise

Driven by Amazon's strong performance, which boosted its stock price by 15%, artificial intelligence concept stocks generally strengthened, and the S&P 500 index closed higher on Friday.

The S&P 500 index rose by 0.7%, while the tech-heavy NASDAQ 100 index increased by 0.6%.

The Philadelphia Semiconductor Index rose by 0.1%, and the VIX volatility index hovered around 16.11.

Among the 11 sectors of the S&P 500 index, 4 sectors rose, with consumer discretionary and communication services leading the gains.

Katie Klingensmith, Chief Investment Strategist at Edelman Financial Engines, stated, "After a month of significant volatility, stock market valuations and positions remain quite optimistic."

Amazon's performance boosted market sentiment, offsetting the negative impact from Apple.

Apple's stock price fell sharply by 7.4%, marking its largest single-day decline since April 2025, following the company's disappointing earnings guidance.

Statistics show that with the earnings season halfway through, 86% of the 291 S&P 500 constituents that have reported earnings exceeded market expectations.

As the market refocuses on inflation issues, the yield on the 10-year U.S. Treasury rose by about 3 basis points to 4.71%.

Dallas Federal Reserve President Logan stated that if the central bank does not take action, inflation may not fall back to the 2% target set by officials.

SpaceX will announce its earnings for the first time since going public next week, with the stock falling 3.4% on Friday, reaching its lowest closing level since the IPO.

U.S. President Trump stated on Friday that he is losing confidence in Iran's negotiating representatives. WTI rose to around $85 per barrel.

At the close, the S&P 500 index rose by 0.7%, closing at 7489.72 points;

The Dow Jones Industrial Average rose by 0.5%, closing at 52485.03 points;

The NASDAQ Composite Index rose by 1%, closing at 25373.85 points;

The NASDAQ 100 index rose by 0.6%, closing at 28274.2 points;

The Russell 2000 index fell by 0.5%, closing at 2931.339 points

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