US stocks: US market ends higher as Amazon soothes AI jitters
- Posted on July 31, 2026
- By Business News Today
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- 1 min read
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US stocks: US market ends higher as Amazon soothes AI jitters
Wall Street closed higher on Friday, driven by Amazon's strong quarterly report. The tech giant's results eased concerns about AI infrastructure spending. Apple's stock dropped after its earnings report failed to meet expectations. Other technology stocks saw mixed performance, influencing market movements. Treasury yields rose as Fed officials discussed inflation concerns.
