By William Collins, consultant in stock markets – Eurasia Business News, July 31, 2026. Article no 3037

Wall Street’s main indexes rebounded in early trading on Friday, July 31, after an early-morning dip, with Amazon’s strong quarterly earnings lifting tech sentiment. The Dow was up about 0.1%, the S&P 500 gained roughly 0.1%, and the Nasdaq Composite advanced around 0.4%.

A 9% selloff in Apple stock is weighing down a broader tech rally after the iPhone maker’s latest forecasts disappointed investors.

Apple was recently down about $373 billion in market capitalization, on pace for its largest one-day market cap decline on record and the third-largest of any U.S. company.

In Asia, markets were broadly higher, led by technology and AI-related stocks: Japan’s Nikkei 225 surged nearly 4%, while India’s Sensex and Nifty closed with modest gains of about 0.2–0.3% for a third straight session.

Oil prices

Global crude benchmarks were mixed to slightly lower on the day, with Brent and WTI both down around 1–1.5% from the prior session amid profit-taking and easing concerns over Red Sea supply disruptions.

Representative levels reported for July 31:

  • Brent crude: roughly $90–92 per barrel (around $90.23 in one report; ~$92.27 in another snapshot).finance.yahoo+1
  • WTI crude: roughly $82–85 per barrel (around $82.3 in one report; ~$84.86 in another).

Prices were edging higher intraday in some feeds but still on track for a weekly decline as traders weighed softer demand signals against geopolitical risk.

This week Iran rejected the Oman plan and launched missiles at U.S. forces. The United States and Saudi Arabia struck Iran-backed groups in Iraq, and U.S. Central Command followed with attacks on Revolutionary Guard targets inside Iran early Thursday.

Gold and silver prices

Precious metals were volatile but firm after a recent rally, with some profit-taking as the U.S. dollar recovered.

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Key snapshots for July 31, 2026:

Silver (COMEX): around $58.9–59.3 per ounce, briefly above $59 before slipping slightly.

Gold (COMEX): around $4,144 per ounce, down about 0.4% intraday.

European stock markets

European equities rallied to fresh record highs on Friday, July 31, 2026, led by technology and AI-related stocks and supported by a wave of upbeat corporate earnings.

  • STOXX 600 (pan-European): up about 0.7–0.9%, hitting a new all-time high and extending its winning streak to a fourth consecutive month.
  • STOXX 50: gained roughly 1.1%, also at record levels.
  • DAX 40 (Germany): climbed around 0.8–1.1% to roughly 25,800, near its recent peak and on track for a >3% monthly gain.
  • CAC 40 (France): rose about 1% to roughly 8,572, reaching a five‑month high.
  • FTSE 100 (UK): opened and traded higher, with early gains around 0.5–0.6%.
  • FTSE MIB (Italy): up about 0.7% in early trading

Fresh corporate earnings and lower oil prices also supported market sentiment.

ASML climbed 3.4%, Infineon surged 6.8%, STMicroelectronics went up 4.1% and Siemens Energy gained 3.6%.

NatWest rose 3.8% after reporting a stronger-than-expected 29% increase in pre-tax profit, while Saint-Gobain advanced 4.8% after posting an acceleration in second-quarter sales growth.

Engie added 4.2% after posting a 3.3% rise in earnings and Credit Agricole rose 3.6% after reporting higher profit for Q2.

Worldline soared nearly 19% after its earnings report.

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© Copyright 2026 – Eurasia Business News. Article no. 3037